There are 3 IPO applications are available in May, including instructions on how to apply for an IPO using Maybank.
Before the IPO, the company was private, so its shares were only bought and sold by early investors. The ownership of the shares is opened to the general market after the IPO, therefore the IPO also becomes a fundraising, offering, or listing.
If you want to invest in an IPO, you can do so using online banking services like Maybank2u, RHBNow, and others. If there are more investors interested in the IPO than there are shares available, the business will distribute IPO shares by lottery.
Notice! Those having Direct Accounts can purchase IPOs; users with Nominee Accounts are unable to do so. Users can only buy IPOs in their own names, and applications in the names of others will be refused.
In May 2022, three initial public offering (IPO) applications are open: YEW LEE PACIFIC GROUP BERHAD, LGMS BERHAD, and UNITRADE INDUSTRIES BERHAD.
The IPO for YEW LEE PACIFIC GROUP BERHAD is open from May 17 to May 25, with a price per unit of RM0.28 and a listing date of June 7th. LGMS BERHAD held an initial public offering (IPO) for RM0.50 per unit from May 20 to May 26 and will be listed on June 8.
UNITRADE INDUSTRIES BERHAD is holding an initial public offering (IPO) from April 28 to May 30, with a price per unit of RM0.32 and a listing date of June 14.
*No buying or selling advise, just for sharing.
Here’s how to use Maybank2u to purchase an IPO.
How do I purchase an IPO on Maybank2u?
Step 1: Go to the Maybank2u website and log in.
Step 2: Select Investment after clicking Apply.
Step 3: In the Investment column, select eIPO and click Apply Now.
Step 4: Choose the IPO you want to invest in and input your CDS account number, race, and amount of shares.
Step 5: Check the box next to the terms and conditions.
Step 6: To submit, click Submit.
Step 7: Save or print your receipt.
