Are you ready to be a part of one of the most anticipated IPOs in Malaysia? 99SpeedMart, the renowned grocery chain, is gearing up for its debut on Bursa Malaysia's Main Market, and you don't want to miss this opportunity to invest in a company with a solid reputation and promising growth prospects. As reported by The Edge, 99 Speed Mart's founder, Lee Thiam Wah, and family are set to release 17% ownership, paving the way for the company's IPO. With plans to secure RM1.5 billion for expansion, this IPO is expected to attract significant attention from investors looking to capitalize on the company's growth potential. Source: https://theedgemalaysia.com/node/704198 What makes this IPO even more enticing is the reduced public shareholding spread. While typical IPOs require a minimum public shareholding spread of 25%, 99 Speed Mart's draft prospectus hints at a reduced 15% minimum, offering investors a unique opportunity to get involved with a smaller initial investment. So, how can you ensure that you don't miss out on this exciting opportunity? By signing up for a DIRECT CDS Account today! With a DIRECT CDS Account, you'll have the ability to apply for 99 Speed Mart's IPO directly, giving you the chance to secure your shares before they hit the market. Can you apply IPO with your Nominee CDS account? Answer: NO Why? You may check my detail explanation at this blog post. You need a Direct CDS Account Number to apply for an IPO in Malaysia.
To sign up for a 15-Digit Direct CDS Account Number, 1. Download M+ Global app 2. Sign up online 3. Choose the Malaysia Market 4. Enter my Invitation Code, which is UBZQ 5. Pay RM11 to register a Bursa Direct CDS number. 6. Wait for the email confirmation
1 Comment
Esther
11/9/2024 18:01:16
How to buy the 99 speed mart IPO
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