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 REIT V2, Real Estate Investment Trust

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wongck
post Jul 9 2010, 04:28 PM

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Hope someone can help me to clear this out.

I bought the IPO SunwayREIT thru Maybank2u. The IPO listing price is 0.970 and my transaction is successful.

But the opening is at 0.88. The balance will auto transfer back to my maybank2u online?

Now the worse part is I check my share portfolio thru Maybank2u stock online, is not there. I called maybank to check and they told me I need to wait for a letter from Bursa in 14 days to confirm whether the transaction is successful or not.

Now my $ is gone & also stock also none. So I have to wait for 14days from 8/7 or the due date of 30/6?
wongck
post Jul 9 2010, 04:46 PM

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QUOTE(smartly @ Jul 9 2010, 04:36 PM)
Reference price revised downward to 0.88sen for retailer which mean you will receive a refund of 9sen by check.

Share will be deposited to your CDS account where you supply in the M2U during application. Question is did you provide CDS information in the first place ?
*
Yes, my CDS account is there. This is not the first time I subscribe the IPO thru Maybank2u. I never face this problem before.
wongck
post Jul 9 2010, 05:06 PM

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QUOTE(cherroy @ Jul 9 2010, 04:55 PM)
This is bulls#t,
14 days?
Whether successful or not, already known prior before the listing.

You should be successful in getting in, as the IPO is not overly subscribed. 1.0x subscription rate aka only a small portion (0.0x%) won't get it.
or there is some technical issue that resulted your application being rejected
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If it is rejected, it will auto transfer the $ back to my bank account. But it doesn't. The technical issue u mean is on Maybank or the IPO?
So I have to wait for 14 Days again? Then only call back to maybank to check?

QUOTE(htt @ Jul 9 2010, 05:02 PM)
Strange... I can see the share in my portfolio before it list, if the application success, also the m2u will show the successful amount... You see nothing?
*
Yes, I am very confirm it is not in my share portfolio. Even I try to sell it also cannot.

This post has been edited by wongck: Jul 9 2010, 05:08 PM

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