Upload
api-3744863
View
184
Download
0
Embed Size (px)
Citation preview
a
Introduction of UAE Stock Exchanges
Source: Zawya.com and BloombergNote: Timings based on historical evidence and publicly available information – data as of 1/11/2007
Key Listing Requirements Of ADSM, DFM
Key Listing Requirements Of ADSM, DFM
Additional Requirements for DFM Listing
Listing Requirements DIFX
Advantages of Listing
ADSM Snapshot
Source: esca.comNote: Timings based on historical evidence and publicly available information – May be subject to change at ESCA’s discretion. data as of 1/11/2007
DFM Snapshot
Source: esca.comNote: Timings based on historical evidence and publicly available information – May be subject to change at ESCA’s discretion. data as of 1/11/2007
Sectoral Snapshot of Listed Companies
Source: Zawya.comNote: Timings based on historical evidence– May be subject to change at Zawya’s discretion. data as of 1/11/2007
SWOT –UAE Stock Markets
SWOT –UAE Stock Markets
SWOT –DIFX Global Investment Market
SWOT –DIFX Global Investment Market
Primary Data Analysis
Source: Primary research conducted for the projectNote: Above information is based on the response based on the target audience and is done using convenient sampling
Primary Data Analysis
Source: Primary research conducted for the projectNote: Above information is based on the response based on the target audience and is done using convenient sampling
Primary Data Analysis
Source: Primary research conducted for the projectNote: Above information is based on the response based on the target audience and is done using convenient sampling
Past IPO Activity in UAE
Figure: Bubble size indicates oversubscription levelsSource: Zawya.com and BloombergNote: Timings based on historical evidence and publicly available information – May be subject to change
Secondary Analysis – Part 1
Secondary Analysis – Part 1
Model Prediction For First Day Listing Gain
Secondary Analysis – Part 2
Secondary Analysis– Part 2
Predicting Failure Of BHAR Model
Summary of Analysis
The Redistribution of Wealth
Wealth Transfer During a Traditional IPO Process
Shares Cash
Fees
Wealth Transfer During UAE IPO Process
Loan
Interest + Loan Repayment
IB Fees Subscribed Amount
Subscribed Amount + Interest
Oversubscribed Funds Returned
Subscription to IPO
Commercial Banks
Issuer
Investment Bank
Subscribers /Shareholders
Receiving Banks
Money Market(15- 30 Days)
Capital Raised
Interest Earned in money market
SWOT Analysis of IPOs in UAE
SWOT Analysis Continued
Our Recommendations
Our Recommendations
Thank You
Question And Answer
References Used