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In August, 2 IPOs will accept applications, and Maybank will offer IPO purchase options.

02/08/2022

In August, 2 IPOs would accept applications.

In August, there are a total of 2 IPO applications available!

The initial public offering is also frequently referred to as the IPO, or initial public offering. The company was private prior to the IPO, thus only early investors could buy and sell shares. After the IPO, however, the ownership of the shares is made available to the general public, therefore the IPO also serves as a means of raising money, an offering, or a listing.

You can purchase an IPO of a firm through a number of online banking services, including Maybank2u, RHBNow, and others. The company will distribute the IPO shares by lottery if more investors purchase IPO shares than there are available shares in the public offering.

Notice! Users with Nominee Accounts are unable to purchase IPOs; only users with Direct Accounts are able to do so. Users may only purchase initial public offerings (IPOs) in their own names, and requests to do so will be denied.

SNS NETWORK TECHNOLOGY BERHAD and AGMO HOLDINGS BERHAD are the two IPOs with open applications in July 2022.

Information and communication technology (ICT) system and solution provider SNS NETWORK TECHNOLOGY BERHAD. The IPO is available from July 27 through August 18. On September 2, it will go on the market for RM0.25 per unit. The creation of mobile and online applications as well as the offering of services for digital platforms make up the core businesses of AGMO HOLDINGS BERHAD. The company, which launched its initial public offering (IPO) from August 1 to August 8, is priced at RM0.26 per unit and will go public on August 18.

 

Here is how to purchase an IPO using Maybank2u.

How to buy IPO on Maybank2u?

Step 1: Browse and log in to the Maybank2u website.

Step 2: Click Apply, then choose Investment.

Step 3: Select eIPO in the Investment column and click Apply Now.

Step 4: Select the IPO to buy, and enter the CDS account number, race, and the number of shares to buy.

Step 5: Tick the terms and conditions.

Step 6: Click Submit to submit.

Step 7: Print or store the receipt.

*Purely for sharing, no buying or selling advice.

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