Most of the bursary apps in Malaysia does not have the mechanism to perform full subscription to right issue on your counter.

The most the app could do is to sell or start the right issue from the app.

Instead of selling the right issue from the app as an immediate profit. To buy the subscription, the person of interest needs to “bid” to buy the numbers of right issue from the app. After bidding the right issue, it does not means you have subscribed fully. You have just buy the right to subscribe to the right issue.

Luckily my remiser has helped me through the process.

Once, upon subscription go to other 3rd party such as Shareworks to create your account. Do follow up with the staffs for the activation of the account once expedited by your remiser it may take a single working day. Make sure you have your CDS account number. Get it from your remiser or from your bursary statement.

Once the account is done, time to login to the Shareworks website and proceed to perform subscription to right issue. If everything is good you should see the right issue on the Sharework in your account.

Fill up the e-form.

Follow up with the contact in sharework a few working day later to check the status.

Subscribe into right issue is a good learning experience. However, the discounted price right issue however is not too far off from the lower price of the ordinary share in the share market. It is due to my lack of experience in the share market works. A large bulk of the discount is offset by the bidding to earn right to subscription of right issue.