The first meat sector IPO : Al Shaheer Corporation / Fazal Jawad Seyyed, Arslan Shahid Butt, Hafsa Ashfaq.

Format:

Book

Author/Creator:

Seyyed, Fazal Jawad, author.

Butt, Arslan Shahid, author.

Ashfaq, Hafsa, author.

Series:

SAGE Knowledge. Cases.

SAGE Knowledge. Cases

Language:

English

Subjects (All):

Animal industry--Pakistan.

Animal industry.

Asad, Muhammed.

Al Meezan Investment Management Limited.

Al Shaheer Corporation.

Meezan Islamic Fund.

Pakistan.

Physical Description:

1 online resource : illustrations.

Other Title:

1st meat sector IPO : Al Shaheer Corporation

Place of Publication:

London : SAGE Publications Pvt. Ltd, 2017.

System Details:

text file

Summary:

This case examines the June 2015 decision of Muhammad Asad, a fund manager at Al Meezan Investment Management Limited, to participate in the Initial Public Offering (IPO) of Al Shaheer Corporation, a leading meat sector company of Pakistan. He was interested in increasing the exposure of the Meezan Islamic Fund (MIF) to the food sector, provided attractive risk-adjusted returns could be achieved. Based on the research team analysis and his own assessment, Asad had to decide whether or not to participate in the IPO book building process and the number of shares to bid for at each price level. Both Market Multiples and Discounted Cash Flow (DCF) valuation methods had yielded share value higher than the IPO floor price of PKR 43 per share which encouraged Asad to consider the investment opportunity. He also had to decide on the amount that he could allocate to the IPO on behalf of MIF. Asad had to prepare his recommendations on the IPO for presentation and approval by the investment committee in the upcoming meeting. He has asked you to conduct an independent analysis and valuation of Al Shaheer stock over the weekend and share your findings with him early Monday morning.

Notes:

Originally published in Seyyed, F. J., Butt, A. S., & Ashfaq, H. (2017). The first meat sector IPO: Al Shaheer Corporation. Asian Journal of Management Cases, 14(2), 65&87. DOI:.

Includes bibliographical references and index.

No ILL or scholarly sharing allowed.

Description based on XML content.

ISBN:

9781526449306

OCLC:

1023546138

Access Restriction:

Restricted for use by site license.