Basically, there are a few ways to apply for IPO such as via ATM machines and internet banking. For me the easiest method is via internet banking as I can do it anywhere providing I have internet connection.
Before you start, make sure you follow these rules,
- Malaysian citizen above 18 years old.
- Malaysian citizen residing in Malaysia
- Active CDS account registered under your own name. Nominees or third party CDS Accounts are not allowed. If you don’t have CDS account read here on how to open.
Below are step by step guides on how to apply for PCGB IPO via CIMBClicks. The step to do it via Maybank2U very much similar except the first 3 steps. You have to go in “Investment” & “eShare” menu.
I believe it should be very close if you do it via other bank internet banking as well.
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With immediate effect, Bank Negara Malaysia (BNM) reduces the maximum loan-to-value (LTV) ratio to 70% instead of normally as much as 90% from the value of the property.
The limit will be applicable to the third house financing facility taken out by a borrower. However, first and second home buyers are not affected by this new rules. They will continue to be able to obtain financing for their purchases at LTV of 90%
The measure aims to support a stable and sustainable property market, and promote the continued affordability of homes for the general public.
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The previous 15% Cash Back Promotion ended 30th June 2010. Public Bank is currently aggressive with credit card promotion extend the 15% cash back promotion with a new campaign called Public Bank Double Bonus. This campaign will reward up to RM2 million in cash & prizes to be won.
This promotion is valid from 1st October 2010 to 28th February 2011. Under this promotion, Public Bank credit card holders who spend on weekdays will earn 15% Cash Back and 10% Cash Back on weekend spending. All the spending must be in single receipt with minimum of RM50.
On top of cash rebate, card holders are eligible to won BMW 523i, Honda CRV and Nissan Grand Livina with every RM50 spending. Local purchase will earn 1 entry while overseas will earn 2 entries.
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Further Election Indications. With the Star reporting that the PM has called on UMNO party members to get ready for the general election, we believe our long held view of an early 2011 polls will indeed become reality. Given the history of pre-election rallies, we maintain our year-end KLCI target of 1496 pts and 2011 KLCI fair value of 1648 pts even as we caution on the 3Q results to be announced in November. We are particularly positive on the Construction, Property and O&G sectors as part of the election theme. With the Sarawakian state election possibly being held in 2010 and the general election before June 2011, any weakness in the local bourse in November is a cue to Buy.
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The Edge Property Excellence Awards, the TPDA established in 2003 ranks the country’s best property players from the consumer’s perspective for their quantitative and qualitative attributes. In 2010, the award was given on the 7th October during The Edge Property Excellence Awards 2010 event.
The “quantitative” elements were the companies’ shareholders’ funds, revenue, pre-tax profit and net gearing for the fiscal year ended 2009.
The “qualitative” attributes include the quality of the product, innovation and creativity, value creation for buyers, image and expertise. Deloitte Malaysia audited the tabulation of both the quantitative and qualitative results.
Below are the list of companies that received the award.
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