Application for an
Initial Public Offering (IPO)
There are two methods which you can apply for an IPO:
Through
application forms at issuing houses, stockbroking companies and financial
institutions.
And sometimes through an Electronic Share Application (ESA) that allows
applications
via ATMs.
Refer to the chart below for a further understanding on how to apply for shares.
Check the newspaper & Bursa Malaysia website for information on Initial Public Offering
(IPOs).
Before applying for IPOs, carefully read the prospectus.
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You can apply for IPOs using application forms.
The forms are available at issuing houses, stockbroking companies and
financial institutions.
Following are some steps for IPOs application forms.
Complete the application form as indicated.
Personal details must be the same details on the identity card or authorisation
card.
Attach the banker's order payment slip for the amount of shares applied.
Applications can be sent via post or direct to the issuing house.
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For some IPOs, applications can also be made through the Electronic Share Application (ESA)
facility.
ESA allows investors to apply for shares via the ATMs of participating
financial instituitions.
Following are some steps to be taken when applying for IPOs via the ESA
facility.
You must have a CDs account, savings account and an ATM card issued by a
participating financial instituitions.
Follow all instructions as required at the ATM. You must have the following details:
Personal identification Number (PIN).
CDS account number.
IPO stock code. Keep the ATM slip as proof of your transaction.
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