When will I receive the refund for my unsuccessful excess rights application, and to which bank account will the refund be credited?

Refunds for unsuccessful excess rights applications will be made within 15 market days from the closing date of application and payment for excess securities. 

The refund will be credited to your bank account registered with Bursa Depository, regardless of whether the excess application payment was made from a different bank account.

If you have not registered any bank account with Bursa Depository, the refund will be issued via cheque and sent by normal mail to the address recorded in your CDS account.