Hameed, Allaudeen; Lim, Guan Hua - In: Journal of Business Finance & Accounting 25 (1998-04) 3&4, pp. 455-468
Firms seeking initial public listings on the Stock Exchange of Singapore can choose between offering their shares at a fixed price or selling them in two tranches: the first tranche is offered at a fixed price while the issue price of the second tranche is determined via a tender system....