You have to have $20 million AS in equity before you can invest.
I’m not sure if it’s that. It used to be that the message stated that you didn’t have enough equity to participate in an IPO. This might be something else entirely if it talks about the financial ratings.
Strictly speaking, you only need 10M in equity and 10M in shareholders' equity.
I can confirm that IPO is possible, which I had subscribed one share from whoever as a trial.
may i ask, what do you mean with shareholders equity?
i tried in participating in ipo bids but it never worked out. always got the statement that i dont have enough equity (which is actually above 12m). i'm a bit confused
may i ask, what do you mean with shareholders equity?
i tried in participating in ipo bids but it never worked out. always got the statement that i dont have enough equity (which is actually above 12m). i'm a bit confused
You have to have equity (items 3000 and 3100) of over (I think) 20 million AS$.