Moomoo Securities Malaysia has launcehd its IPO subscription service, allowing investors to subscribe to IPOs directly through the App making its the first to streamline this process online.
The plaform offers a straightforward and accessible approach to IPO participation for local investors enabling investors who are looking to invest in compainies to be listed directly from their devices.
Mr. Ivan Mok, CEO of Moomoo Securities Malaysia, said “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. Our goal is to empower every investor with the tools and knowledge to participate confidently in IPOs.”
The Moomoo Malaysia CDS Account-IPO feature allows investors to subscribe to IPOs directly through the Moomoo App, bypassing traditional paperwork and queues. The service supports direct in-app deductions, eliminating the hassle of bank transfers, and provides real-time updates throughout the subscription process—from application to IPO allotment—ensuring that investors are well-informed every step of the way. These efforts ensure equitable access to crucial information,
enabling retail investors to make decisions on a level playing field.
Johor Plantations Group IPO, slated to be the largest IPO of 2024 yet, will be available for Malaysian investors to subscribe to via this innovative service on the moomoo platform. This offering, available until June 24th, will be accompanied by a live Q&A webinar with its Managing Director, Faris Adli Shukery. This session will offer detailed insights into the IPO and the company’s future plans and growth strategies, allowing investors to engage directly and get their questions answered.
