An initial public offering is also commonly known as Initial Public Offering, or IPO for short.
Prior to an IPO, a company is private, so its shares are only traded by early investors. After an IPO, however, ownership of shares is opened up to the general market, so an IPO also becomes a fundraising, offering or listing.
Want to know which companies are now open for IPO? You can visit the official website of Bursa Malaysia at https://www.bursamalaysia.com/listing/listing_resources/ipo/ipo_summary . The IPO Summary page of Bursa Malaysia will clearly show the details of companies that are currently open for IPO, as well as information on companies that have been open for IPO before.
Through the Bursa IPO Summary page, you will be able to know the start and end date of the open IPO, the price per unit, the number of open offerings, the section of the listing, the date of the listing, etc.
If you are interested in buying the IPO of a company, you can do so through various online banking platforms, such as Maybank2u, RHBNow, etc. If there are more investors buying IPO than the number of publicly offered shares, then the company will allocate the IPO shares by lottery.
