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showing “waiting list,” it usually means that you have applied to subscribe to the shares of a company that is about to go public through an Initial Public Offering (IPO), but it is not yet confirmed whether you will be allocated shares.
A number of Applications will be reserved to replace any successfully balloted Applications
that are subsequently rejected. The Application monies relating to these Applications which
are subsequently rejected will be refunded (without interest) by the Issuing House by
crediting into your account with the Participating Financial Institution or Internet
Participating Financial Institutions (or arranged with the Authorised Financial Institutions)
not later than 10 Market Days from the date of the final ballot. For Applications that are
held in reserve and which are subsequently unsuccessful or partially successful, the relevant
Participating Financial Institution will be informed of the unsuccessful or partially successful
Applications within 2 Market Days after the final balloting date. The Participating Financial
Institution will credit the Application monies or any part thereof (without interest) within 2
Market Days after the receipt of confirmation from the Issuing House.