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The Star
  • 7 weeks ago
The Investment, Trade and Industry Ministry has launched eSaham MITI 2.0, replacing the manual process for allocating 12.5% of IPO shares to eligible Bumiputera investors.

Its minister Datuk Seri Johari Abdul Ghani said the new system ensures that “no one can jump the queue” and no information can be changed after submission.

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00:00I know that people can do 24% of the public.
00:06There are no people who can jump, no people who can jump,
00:13no information that they can do.
00:16Everyone will know exactly how they can,
00:211 lot, 1,000 share, 2,000 share.
00:25All that will be decided by the system that we introduced.
00:31So, we don't have to come back to MIT,
00:33we can just do it.
00:34It's one.
00:35Number two, it will have many categories.
00:39We have 79,000,
00:43but they can do it with MIT.
00:46But, they are including the companies,
00:51corporations,
00:53and other companies,
00:56and individuals who apply to MIT.
01:00So, when they log into the system,
01:02they will check the system.
01:05How long will it be?
01:07They will launch in 18 months.
01:10They will launch in 18 months.
01:12They will launch in 18 months.
01:13This is how they do it.
01:14It's perfect.
01:15If you don't have the same,
01:16if you don't have the same,
01:17if you don't have the same.

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