{"id":63959,"date":"2024-06-24T13:35:57","date_gmt":"2024-06-24T05:35:57","guid":{"rendered":"https:\/\/www.imoney.my\/articles\/?p=63959"},"modified":"2024-06-24T16:48:07","modified_gmt":"2024-06-24T08:48:07","slug":"moomoo-malaysia-ipo-subscription-service","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/moomoo-malaysia-ipo-subscription-service","title":{"rendered":"Moomoo MY Pioneers Seamless Online IPO Subscription Service"},"content":{"rendered":"
Moomoo Securities Malaysia Sdn. Bhd. (Moomoo MY) has recently launched a new IPO subscription service that is set to shake up the investment scene.<\/span><\/p>\n The service allows investors to subscribe to IPOs directly through the Moomoo App, streamlining and simplifying capital market participation for local investors.<\/span><\/p>\n “As the first platform in Malaysia to facilitate a completely seamless and direct online IPO subscription process, making this process as easy and accessible as possible for retail investors, we are not just setting a new industry standard; we are opening doors for potential investors and paving the way for a more inclusive financial ecosystem. <\/span><\/p>\n “Our goal is to empower every investor with the tools and knowledge to participate confidently in IPOs,\u201d said Ivan Mok, CEO of Moomoo Securities Malaysia.<\/span><\/p>\n The Moomoo Malaysia CDS Account-IPO feature allows investors to subscribe to IPOs directly through the Moomoo App, bypassing traditional paperwork and queues.\u00a0<\/span><\/p>\n In addition, the service also supports direct in-app deductions. This means that users will not have to deal with the hassle of bank transfers, and provides real-time updates throughout the subscription process.<\/span><\/p>\n The service supports direct in-app deductions. This eliminates the hassle of bank transfers, and provides real-time updates throughout the subscription process. From application to IPO allotment, this ensures that investors are well-informed every step of the way.<\/span><\/p>\n This service will consist of no fees for IPO subscriptions or maintenance of CDS accounts. Users will also receive a competitively low financing rate of 6.8%. These conditions present a highly attractive and accessible option for investors looking to maximise their financial resources.<\/span><\/p>\n The new subscription service is supported by Moomoo app\u2019s robust resources. It provides investors with detailed information about the IPOs, insightful business analyses, and live Q&A sessions with business leaders. These tools ensure that investors have equitable access to crucial information, empowering them to make smarter, well-informed investment decisions.<\/span><\/p>\n “Our platform does more than facilitate transactions. Through comprehensive educational resources and direct engagements such as live webinars, we are creating a community of well-informed investors. These efforts ensure equitable access to crucial information, enabling retail investors to make decisions on a level playing field. The upcoming Johor Plantations Group IPO is a prime example of how we leverage this integration to foster a well-informed community of investors,” Mok elaborated.<\/span><\/p>\nDirect online IPO subscription<\/h4>\n
Enable in-app deductions<\/h4>\n
Moomoo app resources<\/h4>\n