eRights Bursa Anywhere – How to Subscribe Right Issue Online

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The Bursa Anywhere app has introduced a new eRights service that allows depositors to apply and make payment for Right Issue shares electronically.
With eRights, there is no need to send physical subscription forms to the post office or bank for processing.
Datuk Muhamad Umar Swift, Bursa''s Chief Executive Officer said this new eRights feature on Bursa Anywhere helps reduce the risk of lost forms or delayed postal deliveries.
First, log in to the Bursa Anywhere app. Click on >> My Service >> Select Corporate Action

Select Corporate Action >> eRights

Select Submit Application

Click Agree on the Terms & Conditions

As an example, EASTLND is offering a Right Issue (EASTLND-OR). So select the type of subscription and the number of OR share units you wish to subscribe.

Your eRights subscription has been successfully submitted through the Bursa Anywhere app when:
Besides technical or system issues, your subscription may be rejected if you did not make payment from the bank account registered in your CDS (eDividen Bursa Depository).
If you wish to check or cancel your subscription after successfully applying through Bursa Anywhere, you need to contact the Share Registrar directly.
You may contact the Issuer or Share Registrar for any payment requests related to Right Issue allocations.
You can request a new printed copy from the Issuer or Share Registrar. Alternatively, you can view it on the Bursa Malaysia website under the Corporate Announcements section.
eRights is a service within the Bursa Anywhere app that allows investors to apply and pay for Right Issue shares electronically without having to submit physical forms.
You need to have an active CDS account and have registered for the Bursa Anywhere app. Make sure your account is updated with the latest information.
Yes, you can still use the physical form method through the post office or bank, but the process is slower compared to applying online through eRights.
The subscription period depends on the company''s announcement. Typically you are given several working days to apply. Check the deadline under Corporate Announcements on the Bursa Malaysia website.
If you hold shares that offer a Right Issue, you can subscribe easily through Bursa Anywhere without having to send physical documents. The online process is far quicker and more convenient.
If you don''t have a CDS account yet, open a CDS account now to start investing. To learn stock market basics, get the free ebook from Mahersaham.