INITIAL PUBLIC OFFERING

ANALYSIS OF A COMPANY’S PROSPECTUS

Assume that you are a first-time investor looking for a new company for an investment. You need to analyse a prospectus to ensure that the company suits your personal investment goals and risk tolerance. In this respect, you are required to:

1. Find 1 (one) company with a recent IPO listing (from year 2011). You can search the IPO listing from Yahoo Finance.

2. Write a summary of not more than 8 pages for the items listed below:

a. Company’s operation (business overview)

b. Competitive landscape (main competitors)

c. Risk factors

d. Use of proceeds from the offering.

e. From your analyses (a-c) as above, do you find the information disclosed in the prospectus is sufficient? Would you proceed with a decision to invest in the company? Explain.

3. Check the current share price of your chosen company and provide brief analysis of the company’s performance in the recent years (3 – 5 years).

4. Provide the link (website address) of the IPO for reference.

5. You are not required to submit printed materials of the IPO. Only submit the written summary of your assignment.