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 Applied IPO using nominee CDS A/C

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TSginvin
post Jul 1 2010, 05:34 PM, updated 16y ago

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Currently, I have applied the Sunway REIT IPO via Maybank2u using nominee CDS account which I realised later I am not allowed to do this at all.

I called up Maybank SIC where I got my nominee CDS from, they said the system will not accept my application if I have already done it, however today when I checked my status from Maybank2u, it shown that the amount has been cleared and my application has been proceed successfully.... cry.gif

Could any sifu pls advise what should I do?

(Actually I have called up Maybank2u and tell them about this, but the CS doesn't even know what is nominee CDS a/c.... which make I felt f-up to further explaining to her)

icon_question.gif icon_question.gif icon_question.gif icon_question.gif icon_question.gif
smartly
post Jul 1 2010, 05:45 PM

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Probably you will get rejected later on, for reason could be due to "technical error" or "wrong CDS #".

Meanwhile, do nothing and wait till the letter come, you might get surprise asking you to open new account at designated broker firm for shares to be deposited in else you get refund.

This post has been edited by smartly: Jul 1 2010, 06:04 PM
mmusang
post Jul 1 2010, 06:50 PM

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just wait for rejection
Darkmage12
post Jul 1 2010, 06:55 PM

shhhhhhhhh come i tell you something hehe
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Most probably they reject and refund you
TSginvin
post Jul 2 2010, 08:56 AM

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thanks for the advices...

i felt less worries, after reading all the replies.... hihi

wat i can do now is just wait for the 'reject' and 'refund' biggrin.gif thumbup.gif
gskow
post Jul 6 2010, 08:21 AM

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yes i have experienced this before, just wait for refund only.
TSginvin
post Jul 8 2010, 09:46 AM

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but i today SUNREIT already listed in KLSE however, I have yet to receive any refund from Maybank..... rclxub.gif

may I know how long the refund procedure takes, before IPO listed or after IPO listed?
smartly
post Jul 8 2010, 10:21 AM

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QUOTE(ginvin @ Jul 8 2010, 09:46 AM)
but i today SUNREIT already listed in KLSE however, I have yet to receive any refund from Maybank.....  rclxub.gif

may I know how long the refund procedure takes, before IPO listed or after IPO listed?
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You would not get refund from Maybank, it will be from registrar i think.
Beside the rejected application refund, there is refund of balance from IPO price where it has been adjusted from 97sen to 88sen.

TSginvin
post Jul 8 2010, 11:17 AM

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omg!! rclxub.gif rclxub.gif

like tat really faint
KVReninem
post Jul 8 2010, 11:22 AM

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Sunway REIT went down 1 % right?
TSginvin
post Jul 8 2010, 11:55 AM

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it opened trading at 0.90 i guess....
jjjkj
post Jul 9 2010, 06:02 PM

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I have the same problem with U!!. but the problem is my CDS doesnt even exist.Or even if the CDS i registered with does exist its 100% not under my name.So should i just wait or call who???
wongck
post Jul 10 2010, 11:40 AM

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I also have the same problem with this Sunway REIT. Transaction show clear at maybank2u. But is not at my share portfolio.

Called maybank, they said need to wait for a letter from Bursa in 14 days. If no letter, call in again to recheck.
TSginvin
post Jul 13 2010, 08:04 PM

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QUOTE(jjjkj @ Jul 9 2010, 06:02 PM)
I have the same problem with U!!. but the problem is my CDS doesnt even exist.Or even if the CDS i registered with does exist its 100% not under my name.So should i just wait or call who???
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QUOTE(wongck @ Jul 10 2010, 11:40 AM)
I also have the same problem with this Sunway REIT. Transaction show clear at maybank2u. But is not at my share portfolio.

Called maybank, they said need to wait for a letter from Bursa in 14 days. If no letter, call in again to recheck.
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currently there is no refund from either Maybank or Maybank SIC (Share Investment Center), but i realised that in my portfolio already showing SUNREIT.....

one thing i dun understand is that the person from Maybank SIC told me that my CDS a/c should be nominee a/c but how I managed to applied successfully? or it will still refund later on? haizzz.... regret to apply, some more price drop cry.gif cry.gif cry.gif
kllau3
post Jul 13 2010, 10:45 PM

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The SUNREIT final retail price is RM0.88. anyone know when will get the refund?
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TSginvin
post Jul 14 2010, 08:02 AM

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QUOTE(kllau3 @ Jul 13 2010, 10:45 PM)
The SUNREIT final retail price is RM0.88. anyone know when will get the refund?
icon_question.gif
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do you mean if the diff between final price and IPO price, will be refunded to us? if that is the case, I have yet to receive and refund yet....
aeronic
post Jul 14 2010, 10:46 AM

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QUOTE(ginvin @ Jul 8 2010, 11:55 AM)
it opened trading at 0.90 i guess....
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opened at 89¢ on the first day of listing
minus 5 marks for you drool.gif

QUOTE(kllau3 @ Jul 13 2010, 10:45 PM)
The SUNREIT final retail price is RM0.88. anyone know when will get the refund?
icon_question.gif
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yes, i have posted them in the other thread, go check

QUOTE(ginvin @ Jul 14 2010, 08:02 AM)
do you mean if the diff between final price and IPO price, will be refunded to us? if that is the case, I have yet to receive and refund yet....
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you will get it this week

This post has been edited by aeronic: Jul 14 2010, 10:47 AM
jjjkj
post Jul 14 2010, 10:51 AM

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Wait,then what about people who applied IPO with bullShyt CDS??? when will get refunded?


***Bull**** CDS=Cincai put make up 1.Maybe never exist also
aeronic
post Jul 14 2010, 10:52 AM

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QUOTE(jjjkj @ Jul 14 2010, 10:51 AM)
Wait,then what about people who applied IPO with bullShyt CDS??? when will get refunded?
***Bull**** CDS=Cincai put make up 1.Maybe never exist also
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let's be honest here
why are you asking that?
you actually did that? doh.gif doh.gif doh.gif
are you sure it did not exist? if it did not get rejected maybe you just gave someone free pre chinese new year angpow?

This post has been edited by aeronic: Jul 14 2010, 10:53 AM
jjjkj
post Jul 14 2010, 10:58 AM

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QUOTE(aeronic @ Jul 14 2010, 10:52 AM)
let's be honest here
why are you asking that?
you actually did that?   doh.gif  doh.gif  doh.gif
are you sure it did not exist? if it did not get rejected maybe you just gave someone free pre chinese new year angpow?
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weiii, serious ar? Then my $$ go to other people's CDS?The maybank cleared my IPO ler...zzzz

This post has been edited by jjjkj: Jul 14 2010, 11:00 AM
aeronic
post Jul 14 2010, 11:06 AM

karma is a funny thing
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QUOTE(jjjkj @ Jul 14 2010, 10:58 AM)
weiii, serious ar? Then my $$ go to other people's CDS?The maybank cleared my IPO ler...zzzz
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ok you sound like you just did that stupid thing
i don't think it will go thru lah because your IC numbers and other stuff would not match the CDS number of the person you're giving the angpow to.
jjjkj
post Jul 14 2010, 12:30 PM

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Then how long will i have to wait?They should like refund it back to my bank acc rite?? Is it just a matter of time till they do dat?? Or i will have to call or something?
wongck
post Jul 14 2010, 04:38 PM

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I received a letter from MIDF stated the application is successful. My CDS account is correct on Maybank2u which is OSK.

But my share portfolio at maybank2u still don't have SUNREIT.

Is the stock at my Maybank or OSK now?

Even last time I applied others, it will goto my Maybank not OSK.

Please advise.

This post has been edited by wongck: Jul 14 2010, 04:46 PM
smartly
post Jul 14 2010, 04:50 PM

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QUOTE(wongck @ Jul 14 2010, 04:38 PM)
I received a letter from MIDF stated the application is successful. My CDS account is correct on Maybank2u which is OSK.

But my share portfolio at maybank2u still don't have SUNREIT.

Is the stock at my Maybank or OSK now?

Even last time I applied others, it will goto my Maybank not OSK.

Please advise.
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With OSK as the CDS account is with OSK.
TSginvin
post Jul 19 2010, 08:11 AM

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anyone actually receive the refund of the price different yet? me don't....
cofin
post Oct 21 2020, 10:47 AM

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QUOTE(ginvin @ Jul 19 2010, 08:11 AM)
anyone actually receive the refund of the price different yet? me don't....
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This might be a long ago post ... but how long did you wait to get the refund ? I also facing same problem as one of my Maybank CDS is nominee and I go and subscribe ipo to it
_kilakila_
post Oct 21 2020, 12:08 PM

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same issue here...waiting for refund...

terrytong99
post Oct 26 2020, 08:26 AM

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QUOTE(_kilakila_ @ Oct 21 2020, 12:08 PM)
same issue here...waiting for refund...
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have you received your refund? l also have same mistake like you doh.gif
_kilakila_
post Oct 26 2020, 02:50 PM

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QUOTE(terrytong99 @ Oct 26 2020, 08:26 AM)
have you received your refund? l also have same mistake like you doh.gif
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I received refund for southern cable 2 weeks after result of balloting i think, now wait again for DIY...maybe another week..
cofin
post Oct 26 2020, 03:32 PM

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QUOTE(terrytong99 @ Oct 26 2020, 08:26 AM)
have you received your refund? l also have same mistake like you doh.gif
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yes got my refund after weeks lol ...
mycroftlee
post Oct 27 2020, 10:17 PM

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QUOTE(cofin @ Oct 26 2020, 03:32 PM)
yes got my refund after weeks lol ...
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direct credited back to the account? and the amount is the full amount or current price.
also made the same mistake and waiting for DIY refund
cofin
post Oct 28 2020, 05:29 PM

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QUOTE(mycroftlee @ Oct 27 2020, 10:17 PM)
direct credited back to the account? and the amount is the full amount or current price.
also made the same mistake and waiting for DIY refund
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back to the account ....full amount ....you rugi RM1 for the application of IPO
askm
post Nov 9 2020, 01:28 PM

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Need your advice, how to check my successful IPO whether already included in my broker account (HLBroking) / CDS ?

 

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