Kuakari
commented on a stock · Aug 8 03:52
$ELRIDGE (0318.MY)$ i have both cds acc in m+ global and moo...
$ELRIDGE (0318.MY)$ i have both cds acc in m+ global and moomoo under my name . can i apply for the same ipo on different platforms?
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Alif Afifi : yes
griezzler : i heard cannot...
Mickey1689 : Your application will get through as many under your cds account but if a) you are selected both... One will automatic cancel by Bursa. B) at discreet bursa may penalise you for 50k because apply cds under different account. If they didn't penalise you,... Good luck
Mickey1689 : What small ipo investor do is putting all the application with friends and family members cds.
Kuakari OP : Thanks everyone
Kuakari OP : But if i apply for different ipos using different platforms? E.g apply for elridge using moomoo and vetece using m+ global
Is this considered fine?
Mickey1689 Kuakari OP : Per Ipo 1 application cds under your name. You can stimulusly apply different ipo under same cds account. That one no problem. It's just same ipo only one application under name disregard which brokerage u use.
Kuakari OP : Thank you so much for the info
Zen Cheng : Both application will be flagged unsuccessful. Just apply one. System detects by NRIC number, not cds number