The primary Market is the market in which new issues of securities are sold to the public via Initial Public Offerings (IPO). IPO is the first sale of stock or an offering to sell by a private company to the investing public a set number of shares of a firm’s stock at a specified price. IPOs are often issued by new public limited companies looking to become publicly traded. In an IPO, the issuer obtains the assistance of an underwriting firm which helps it determine what type of security to issue (common or preferred), the best offering price, and the time to bring it to market.

You are required to;

1. Explain FIVE (5) reasons why a firm wants to be listed in Bursa Malaysia. (10 marks)

2. Explain FIVE (5) other equities which are listed in Bursa Malaysia other than ordinary shares and fixed-income securities. 

3. Complete the given table with the minimum bid for the queue order of Buy and Sell for each quoted stock given. 

No.	Stock name / Stock code	Quoted Price (RM) as at 3/9/2021	BUY (RM)	SELL (RM)
i	AAX (5238)	0.08
ii	SIME (4197)	2.35
iii	BURSA (1818)	7.71
iv	AJI (2658)	16.40
v	DLADY (3026)	34.48
vi	NESTLE (4707)	134.80