$KHB (0322.MY)$ trying to understand how the allotment for I...
trying to understand how the allotment for IPO works. let say subscribing RM5000 worth of shares, does it mean we need to have RM 5000 in our deposited account ?
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Kieto-San : yes
TenGTanK : yes, & lets say you failed to get any allotment, your money will be returned in your universal acc. or if you managed to get partial allotment, the balance will be returned to your universal acc as well
101615913 TenGTanK : ohh! might get partial? now oni know it![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
TheHumbleGambler 101615913 : Only will get partial. You will never ever get full allotment.