1,290 research outputs found

    Credible signals of prospectus and the post listing performance of initial public offers / Lin Yong Tong

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    The study of the performance of initial public offer (IPO) has been extensive in the past few decades because it is an intriguing topic for scholars and stakeholders, nevertheless the results obtained have been mixed. The contradictory results have been attributed to the different market rules applicable and the dynamic nature of the stock market. In 2017 alone, the average number of companies gone public globally is at a staggering rate of 6.4 IPO each trading day. To remain pertinent, regular studies are constantly needed to examine the determinants relevant to the performance of IPOs. Furthermore, continuous improvement to the research methodology is always well received. This thesis utilized a set of offer information unique to the Malaysian market recommended by the Securities Commission of Malaysia to investigate the factors that influence firm’s value. A total sample of 428 IPOs from Bursa Malaysia and market data between 2002 and 2017 are utilized in this study. The cross-sectional regression results demonstrate that five Signaling Theory variables and two Agency Theory variables have the powers to signal the future value of newly listed firms. These variables are the Public Issue ratio, Offer for Sale ratio, Retention ratio, High Premium dummy, High Investment Banker Reputation dummy, Staff ratio and the Bumiputera ratio. In addition, the level of Proceed Raised and the Initial Returns are found to be correlated to firm’s value. At the methodology front, apart from adopting two conventional methods to measure performance, a third experimental 12 days moving average method (MAC12) is introduced to add vigor to the study. The smoothing properties of MAC12 which cause the data to be less bias, has helped to produce findings that are more robust. In addition, this thesis analyzed and reported the findings of the Main Board, Second Board and the ACE IPOs collectively and individually up to three years post listing. By analyzing the samples of the three boards separately have proven to be meaningful as it helps to identify the origin of the relationship. The regression results demonstrated that the ACE market determinants have more influence over firm’s values. The results of this thesis based on up-to-date data will help scholars and stakeholders keep abreast with the current development thus, enable them to carry out their respective endeavors more effectively

    Xiao shu di yuan xing shen jing ji xi bao qian yi de zuo yong

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    U, Hio Tong = 小鼠骶源性神經脊細胞遷移的作用 / 余曉東.Thesis M.Phil. Chinese University of Hong Kong 2014.Includes bibliographical references (leaves 182-191).Abstracts also in Chinese.Title from PDF title page (viewed on 15, November, 2016).U, Hio Tong = Xiao shu di yuan xing shen jing ji xi bao qian yi de zuo yong / Yu Xiaodong

    He chu shi "Jiang nan"? : Qing chao zheng tong guan de que li yu shi lin jing shen shi jie de bian yi

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    Ben shu tan yan le Qing chao"zheng tong guan"jian li de fu za bei jing he nei rong, kao cha le jiang nan shi ren zai yu Qing chao jun zhu zheng duo "dao tong" yong you quan de guo cheng zhong, ru he cong"dao tong"de yong you zhe, zui zhong cheng wei "da yi tong" de xie cong zh

    Chen yuan.

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    林柯.三幕劇.Copy 3 printed in 1948.本電子書乃根據《香港版權條例(第528章)》而複製, 並只可在大學圖書館系統內的獨立電子書系統上使用.Lin Ke.San mu ju.Ben dian zi shu nai gen ju "Xianggang ban quan tiao li (Di 528 zhang)" er fu zhi, bing zhi ke zai da xue tu shu guan xi tong nei de du li dian zi shu xi tong shang shi yong

    The signalling value of public issue and offer for sale ratios on the performance of initial public offers / Lin Yong Tong and Rubi Ahmad

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    Investors of initial public offers (IPOs) rely on the prospectus for important information about the company. But the motivation of the issuers (original shareholders) for going public is unknown and hidden from the investing public, making the IPO investment a risky venture. Based on the Signalling Theory, we postulate that the public issues (PI) and offer for sale (OFS) ratios to contain properties to signal the intention of the issuers at time of listing. Our samples are collected from the Bursa Malaysia from 2002 to 2008 and the performances are tracked till 2011. The regression results are consistent with the Signalling Theory which stipulates that when issuers sell down their stakes, it sends a gloomy signal, even though the offer of OFS does not cause any dilution to company’s value. In addition, small companies with high OFS ratio record weaker long-run performance than large companies

    Lin Chong ye ben.

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    吳祖光著.本電子書乃根據《香港版權條例(第528章)》而複製, 並只可在大學圖書館系統內的獨立電子書系統上使用.Wu Zuguang zhu.Ben dian zi shu nai gen ju "Xianggang ban quan tiao li (Di 528 zhang)" er fu zhi, bing zhi ke zai da xue tu shu guan xi tong nei de du li dian zi shu xi tong shang shi yong

    FIGURE 6 in Description of three new Boulenophrys species from eastern Guangdong, China, emphasizing the urgency of ecological conservation in this region (Anura, Megophryidae)

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    FIGURE 6. The paratype (SYS a008576) of Boulenophrys hungtai sp. nov. in life.Published as part of Wang, Jian, Zeng, Zhao-Chi, Lyu, Zhi-Tong, Qi, Shuo, Liu, Zu-Yao, Chen, Hong-Hui, Lu, Yu-Hong, Xiao, Hui-Wen, Lin, Can-Rong, Chen, Kai & Wang, Ying-Yong, 2022, Description of three new Boulenophrys species from eastern Guangdong, China, emphasizing the urgency of ecological conservation in this region (Anura, Megophryidae), pp. 91-119 in Zootaxa 5099 (1) on page 108, DOI: 10.11646/zootaxa.5099.1.4, http://zenodo.org/record/603696

    FIGURE 5 in Revisions of two poorly known species of Opisthotropis Günther, 1872 (Squamata: Colubridae: Natricinae) with description of a new species from China

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    FIGURE 5. General aspect and scalation of head of Opisthotropis shenzhenensis sp. nov.. A: Dorsal view of the holotype SYS r001018. B: Ventral view of the holotype. C: Dorsolateral view of head and anterior neck of the holotype in life. D: General aspect of SYS r001145 in life. Photos by JW and JZ.Published as part of Wang, Ying-Yong, Guo, Qiang, Liu, Zu-Yao, Lyu, Zhi-Tong, Wang, Jian, Luo, Lin, Sun, Yan-Jun & Zhang, Yan-Wu, 2017, Revisions of two poorly known species of Opisthotropis Günther, 1872 (Squamata: Colubridae: Natricinae) with description of a new species from China, pp. 391-412 in Zootaxa 4247 (4) on page 404, DOI: 10.11646/zootaxa.4247.4.3, http://zenodo.org/record/43886

    Xilin du mu ju ji.

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    一隻馬蜂 ---p.1親愛的丈夫 ---p.29酒後 ---p.58北京的空氣 ---p.74瞎了一隻眼 ---p.88壓迫 ---p.107三塊錢國幣 ---p.135丁西林.本電子書乃根據《香港版權條例(第528章)》而複製, 並只可在大學圖書館系統內的獨立電子書系統上使用.Ben dian zi shu nai gen ju "Xianggang ban quan tiao li (Di 528 zhang)" er fu zhi, bing zhi ke zai da xue tu shu guan xi tong nei de du li dian zi shu xi tong shang shi yong

    A Novel Singleton Giant Phage Yong-XC31 Lytic to the Pyropia Pathogen Vibrio mediterranei

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    Vibrio mediterranei 117-T6 is extensively pathogenic to several Pyropia species, leading to the death of conchocelis. In this study, the first V. mediterranei phage (named Vibrio phage Yong-XC31, abbreviated as Yong-XC31) was isolated. Yong-XC31 is a giant phage containing an icosahedral head about 113 nm in diameter and a contractible tail about 219 nm in length. The latent period of Yong-XC31 is 30 min, and burst size is 64,227. Adsorption rate of Yong-XC31 to V. mediterranei 117-T6 can reach 93.8% in 2 min. The phage genome consisted of a linear, double-stranded 290,532 bp DNA molecule with a G + C content of 45.87%. Bioinformatic analyses predicted 318 open reading frames (ORFs), 80 of which had no similarity to protein sequences in current (26 January 2021) public databases. Yong-XC31 shared the highest pair-wise average nucleotide identity (ANI) value of 58.65% (below the ≥95% boundary to define a species) and the highest nucleotide sequence similarity of 11.71% (below the >50% boundary to define a genus) with the closest related phage. In the proteomic tree based on genome-wide sequence similarities, Yong-XC31 and three unclassified giant phages clustered in a monophyletic clade independently between the family Drexlerviridae and Herelleviridae. Results demonstrated Yong-XC31 as a new evolutionary lineage of phage. We propose a new phage family in Caudovirales order. This study provides new insights and fundamental data for the study and application of giant phages
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