How to apply IPO via Affin Online

 How to apply IPO via Affin Online

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   

3.   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 Affin Online. I believe that the other internet banking will share the similar process.

Step 1- Please Login to your internet banking – Click on Investment > IPO > New IPO Application

Step 2 – Choose the IPO that you plan to apply

Step 3 –  Proceed to Key your CDS Number (without "-" as per your  statement– should be in the format of 15 digit 

STEP 4-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. 

Hope this step by step guide is useful to you. Please press the ‘Like’ button on the top right on our homepage and share to your friend.

Thank you for your support!

Click Here! I want to open a trading account!

How to apply IPO via M2u MAYBANK

  

How to apply IPO via M2u MAYBANK

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  

3.   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 M2U. I believe that the other internet banking will share the similar process.

Step 1- Please login to your internet banking, Click on- Apply > Investment > eIPO

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 Check eIPO 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. 

 Hope this step by step guide is useful to you. Please press the ‘Like’ button on the top right on our homepage and share to your friend.

Thank you for your support!

Click Here! I want to open a trading account!

Share Trading: Nominee vs Direct CDS account

The Difference between Nominees CDS and Direct CDS Account?

Did you ever notice that when you open a share trading account with a broker, they will usually ask you whether you prefers nominee or direct CDS account? For an ordinary investor, we might not really understand what are the differences and benefits that you can enjoy for both types of CDS (Central Depository System) account.

This article is to help you understand difference between these two types of account. Please find below the comparison tables:

Account Opening

Feature	Nominees CDS Account	Direct CDS Account
Account Holder Name	Under Broker/Bank Nominees Name Eg:RHB CAPITAL NOMINEES (TEMPATAN) SDN BHD FOR Mr xxx(Shareholder Name)	Direct Under Shareholder Name Eg:Mr xxx(Shareholder Name)
Opening Fees	RM 10	RM 10
Trust Account (Cash)	Yes (Link to Bank Saving / Current Account)	Yes (Maintain with Investment Bank)
Cash Balance Interest Rate	Bank Saving Account Rate	Investment Bank Saving Rate
Form to be Signed	Bank Saving account Opening Form,  Trading Account Opening Form	Bursa CDS Opening Form, Edividend Form, Personal Detail Updating Form, Trading Account Opening Form
Apply IPO	Not Eligible	Eligible
ESOS	Eligible with Consent	Eligible
Share Transfer	Only to own account	Can be transfer to any relative’s account

Trading

Feature	Nominees CDS Account	Direct CDS Account
Brokerage Fees	Standard Charges Apply	Same as Nominees
Settlement Period	Trading Day +3	Same as Nominees
Collateral Limit	Cash   RM 1   : Limit RM 2-3 Stock   RM 1   : Limit RM 2-3	Same as Nominees

Broker Comparison

After Trading

Feature	Nominees CDS Account	Direct CDS Account
Payment Method	Bank-in to Saving/Current Account	Bank-in to Investment Bank Account
Paperwork on Corporate Action	Handled by bank with Nominees Charges	Handled by Shareholder with assistant from broker
Dividend	Bank-in to Bank Trust account with Nominees Charges	Bank-in to Edividend Account (Provided by Shareholder when Opening Account)
Attending AGM	Yes with Bank Consent Letter	Yes
Report from Company	Yes upon request from broker	Mail to home by respective company

By comparing both account, share investor who owns a Direct Account can enjoy better savings on the "after trading" charges. However, the main advantage that a Nominees Account holder can enjoy is the service of a share broker. The paperwork of corporate actions sometimes is very hard for investors to understand and make decision. And, many investors might missed out in replying those corporate actions if they were a direct account holder. If you're a nominee account holder, please make full use of your nominee charges. In summary, there is advantages and disadvantages to both accounts.

PS: All Margin/Pledge /Foreign Trading accounts are treated as Nominees CDS account.