How To Applying IPO Through Cimbclicks

Posted by Kris | Thursday, February 02, 2012 | | 2 comments »


Applying IPO through CIMBClicks is very straightforward and simple.

Just follow the steps:

1. Just choose the tab " Manage My Wealth" and select EIPO (Apply Now). And select which IPO that you want to subscribe. (see above)

2. Then you just click "Agree & Submit" to the terms and conditions for the IPO subscription.


3. Then fill up all the details aka how many units that you want to buy, your CDS account and your CIMBClicks account you want to use to pay for the IPO. 

There is an NON-refundable service charge of RM2.00 for CIMB CDS account and RM2.50 for non CIMB CDS account.

Do note that your CDS account type must be under your name NOT under the investment banking nominee.


4. You can view your application status after the IPO subscription ends. As you can see below, I never ever managed to get the IPO subscription since it uses a balloting system to determine whether you got the stock or not. (Really need some element of luck here)

For Unsuccessful applications, the funds will be channeled back to your CIMBClicks savings/current account. The refund speed is quite satisfactory to me.. in my own experience ~about 3-4 working days.


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2 comments

  1. ChampDog // 10:48 AM  

    I thought you were going to say how to apply IPO for Facebook! :)

  2. Kris // 11:32 PM  

    Honestly, I don't know how to do that..lol.