1 lot = 100 units of shares
we will pay minimum RM520 as the ipo state RM5.20 per unit

do maxis ask us to fill in CDS number in the Green/Blue form.??
need clarification...

hey
not sure if it has been asked...
i have cds acc so can i apply under my name with the maxis account under my dad's ?

I see, then can you transfer shares you hold on one particular CDS account to another CDS account? Say from an OSK CDS account to Maybank CDS account? Is such transfer easy to do?


Then in general, which would be a good company to have a CDS account with? In terms of service, charges, interface, etc?

This post has been edited by btfan: Oct 31 2009, 11:22 AM

Yes, can do, but you need to go to the respective investment firm yourself to carry the transfer, they need to verify and some minimal cost (transfer fee) incurred.

Also Maybank is not an investment bank aka M2U is carrying nominee account type, not direct account type.

Nominee account doesn't have CDS. Those share are directly owned by M2U (behalf on you) as compared to direct account type like OSK which share is directly owned by you.

---

Added on October 31, 2009, 11:36 amHad been asked, check earlier posts.

Technicallly, and legally, cannot.

This post has been edited by cherroy: Oct 31 2009, 11:36 AM

Hi just to share with you guys,

I have a friend who can create a new cds/trading account for you free and has the applications forms for the Maxis IPO. She is with Public Investment. Feel free to contact her at the following number.

Dory
012-2208351

hie guys , is there any site whereby i can read to proceed in purchasing the shares from Maxis, i just took the blue form but have no clue on how to go with it .. i never purchase any share/ipo before.. do advise fellow sifus

Wow, you have only 4 days to do this.

1)Open a direct CDS account with a securities company (Fastest already).
2)Purchase a bank draft for RM5200.
3)Fill up your blue with CDS account no. and bank draft no.
4)Handpost to address stated on the bigger envelope. There will be a post box specially for IPO application. Read back of blue form at 14.9(vii).

sifus...

my IC address is old address, but in the blue form it says

need to have the same address as my IC?

shud i put old address(wont reach me) or new address?

Zzzzzz headache

can i buy for Rm1000 which mean 195 units instead of 1000units??... Coz, rm5200 is too much for since it is way out of my budget...newb here..

This post has been edited by Faris97: Oct 31 2009, 08:14 PM

eh guys.. can i buy the IPO thru CIMBclicks?

and i wanna uplift my e-FD in MBB to convert to buy maxis IPO units..

can any1 answer me
i) is ther any charges on uplifting the E-FD in maybank?
ii) 1 unit = RM5.20, will this price fluctuate once it goes live?

Thanks

the size is base on lot, 100 unit share for each lot, so you can buy 2 lot..........but highly not recommend because when you sell the share, it will charges you brokerage fees, the fees come with minimum charges

i) e-fd upliftment is FREE for Maybank.
ii) there's a risk that it might. anything is possible.

hi Sailou,

Thank you so much for the summary, i need to ensure i can get the CDS account by Monday and prepare the bank draft ASAP.

i really wish i could make it in time

will there be any other chargers ?

Edit :
will there be any chargers opening CDS account ?
bank draft ?
or any other etc etc that we may need to know off but is unaware ?

This post has been edited by chris251285: Oct 31 2009, 11:45 PM

Cherroy,

Given that Maybank2u offers only Nominee acc, does Public Investment Bank (Public Bank) shares the same concept?, i was told that Pbb is totally different M2U and that they could open up a CDS account, given that they are a independent broker.

Normally CDS is about RM10 but some places waives it.

Bank draft will cost less than RM10.

I thought CDS takes a few days to activate. But I may be wrong and it could be the trading account that takes longer. Just try anyway.

hi skiddtrader , thank for the info , duno if i could attempt to make it or not gona call CIMB Investment 1st thing tomorrow

YES, they need ur cds account. However, for the latest maxis bill to be attached is abit strange. In the maxis website stated we need to photocopy our latest bill however in the blue form, it never said. might call up MIH to clarify

Direct account upon request.

Anyone knows of security firm nearby 1 Utama, or surrounding area? I want to open a CDS account tomorrow.