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Of course you can sell units less than a board lot (100 units) and it is called odd lot. The point to take note on selling odd lots is there any additional payment after deduct brokerage & other fees, usually people rather not sell due to the need to pay additional.
ss tan, 关于这点可能您可以从了解 DRP 里新股的价钱 issue price of new shares 开始。在每一次发 DRP 都会有一则 statement, 里面有关于的定义,我截了那段如下:
the issue price of such new Maybank Shares shall not be more than
10% discount to the 5-day volume weighted average market price (“VWAMP”) of Maybank Shares
immediately prior to the Price-Fixing Date, of which the VWAMP shall be adjusted ex-Dividend before
applying the aforementioned discount in fixing the issue price.
您可以在 bursamalaysia 的网页查找,或 Google Maybank DRP Statement.