Question
Shares in Malaysian dairy producer Farm Fresh Berhad opened 26% higher than the offer price at its market debut on Tuesday, in the country's
Shares in Malaysian dairy producer Farm Fresh Berhad opened 26% higher than the offer price at its market debut on Tuesday, in the country's largest listing since July last year. Shares in the company, which raised 1 billion ringgit in its initial public offering, rose as high as 34% in the first few minutes of trading. (March 26, 2022 The Star Online) Based on the above report: a. b. C. What type of share issued for the instruments stated in the report? (2.5 Marks) Determine the specific market for this type of investment? (2.5 Marks) The Malaysian's financial market has been seen as a strong growth with the issuance of financial market instruments. Suggest one (1) financial instrument that is available in the financial market? (10 Marks)
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Financial Markets and Institutions
Authors: Jeff Madura
12th edition
9781337515535, 1337099740, 1337515531, 978-1337099745
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