How will we subscribe to the rights issue?
for you people out there wanting to know how to subscribe to the rights issue cause we are not CDP but custodian under Futu. We won't get mail for this so how now brown cow? can anyone advise how we go about for this PP?
Do share brother and sisters if you encounter PP under moo moo before. ![]()
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Moomoo Buddy : Apologies for the inconvenience. We'd like to know more about the issues and help sort out. Please contact our 24/7 live chat agents through the app via Me > Customer Service. If you prefer talking to someone, please call us at +18887210610 during regular trading days, 8.30 am - 4.30 pm eastern time(Closed on weekends and public holidays).
Captain Woon : Public one is 14 June so you won’t be getting notification so soon.
ultra976OP Captain Woon: have you gotten into a similar situation with Moomoo? I know my CDP will come. but first time happening doe Futu for me.
Captain Woon ultra976OP: Not for Moomoo but done that with Tiger before, in apps notification to remind you for the right issue and subscription. Just that for Tiger no excess subscription is allowed but not sure for Moomoo.
ultra976OP Captain Woon: yeah that's why I am tagging @Moomoo Lily to see if she can help.
CᖇYᑌI᙭ Captain Woon: So far i believe only SCB Online trading is the only platform being non-CDP that allows excess. Let’s find out for moomoo!
ultra976OP CᖇYᑌI᙭: just out of curiosity, if anyone knows it's good to share what happens here on Moo. I have this under my CDP account, so I can apply from there.
thanks for the follow
snoopy123 : typically, you will get an email from moomoo (corporateactions@sg.moomoo.com) asking you what you want to do: option 1: exercise the rights allotted option 2: no action (default)you have the option to apply for excess rights on top of your allotment but this is not guaranteed - so it can be fully/partially accepted or rejected (same for CDP).you will have to reply to them by a certain cut-off date (usually earlier than CDP scenario), and ensure you have enough fund for deduction on this cut-off date. the default action will apply if they do not hear from you by cut-off date or your account does not have enough fund for deduction on the cut-off date. hope this helps..
ultra976OP snoopy123: wah bro.. thank you so much for this info. I am applying on both side for the excess. hope able to get.
Lobang King CᖇYᑌI᙭: My ibkr gives me excess and more than cdp
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