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MR DIY opens books for Malaysia's largest IPO in three years | The Star You can readthis article: https://www.thestar.com.my/business/business-news/2020/10/06/mr-diy-opens-books-for-malaysia039s-largest-ipo-in-three-years An IPO, or Initial Public Offering,

MR DIY opens books for Malaysia's largest IPO in three years | The Star You can readthis article:

https://www.thestar.com.my/business/business-news/2020/10/06/mr-diy-opens-books-for-malaysia039s-largest-ipo-in-three-years

An IPO, or Initial Public Offering, is a company's first introduction to the public market. They can be quiet affairs or major events depending on the company's profile. An IPO is the process by which a private company issues its first shares of stock for public sale. This is also known as "going public". Companies do not begin an IPO upon launch. While successful start-ups may go public eventually, it takes a firm time to establish the necessary business plan and market position.

A milestone for any company is the issuance of publicly traded stock. While the motivations for an initial public offering are straightforward, the mechanism for doing so is complex. The going public process is an expensive consideration, and even more so for small cash strapped young companies. When a company is contemplating the IPO process of going public, it must consider the pros and cons involved in making that decision, coached by its IPO advisors. Additionally, there are new responsibilities involved when a private company becomes a publicly traded business. Although many benefits can ensue from going public and the related IPO services, the company directors and principals must critically judge all the options and impending tasks of becoming a public company

  1. In reference to IPO, examine the performance oftwocompanies in Bursa Malaysia which was listed more than 3 years using financial modelling, both companies should be in the same industry or competitors.(Hint: your answer should rationale, practical and it is required to use knowledge of financial analysis to add value on your analysis and recommendation)

use the provided company below

https://www.bursamalaysia.com/market_information/announcements/company_announcement?company=5054&cat=AR,ARCO

https://www.bursamalaysia.com/market_information/announcements/company_announcement?company=5398&cat=AR,ARCO

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