How to apply IPO via RHBNOW

   

How to apply IPO via RHBNOW 

As for the past 2 years, there are quite a few interesting IPOs that were listed in the market and their performance to date are excellent (Click to see the IPO Performance). I guess there will be an opportunity for us to catch the sweet treat from the capital rising activity of the new IPO.

First of all, who are eligible to apply IPO ?
1.Malaysian resident and citizen above 18 years old.

2.Has a Central Depository System (CDS) Direct Account registered in your own name.

3.Nominees or third party CDS Accounts are not allowed  

If you wish to open a new direct trading account, please click here to make appointment, we will reach out to you asap. Else, you may apply yourself by click the direct link

Let us get the latest IPO as example, there are a lot good information you can grab from the Bursa IPO Summary and the announcement page.

Kindly take note for below:
1) You may only make ONE share application for an IPO. Submitting multiple applications is an offence under the Capital Markets and Services Act, 2007. 

2) The eIPO application must be made via single person saving account that matched to the CDS/trading account name.

3) The IPO allotment is determined by the balloting process. 

Timetable for IPO

Please find below for the Step by Step application at RHB NOW. I believe that the other internet banking will share the similar process.

Step 1- Please login to your internet banking, Click on MENU>Investment/Fixed DepositIPO > IPO >View/Cancel-Refund IPO

Step 2 

- Choose the IPO that you plan to apply
- Proceed to Key your CDS Number (without "-") as per your statement– should be in the format of 15 digit
- Fill up your Number of share to apply and Submit

Congratulation, you are done for the application. You can get the result on the allotment day by checking the status at your online banking account.

How to Check your status -Just Click VIEW/CANCEL-Refund IPO status 

Or u can check via https://tiih.com.my/index.php?p=results 
If the allotment to you is successful, you will get the shareholding on the day before listing at your CDS account. 

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