Share Trading/ Financing

Share Trading/ Financing

No. Types of Charges Non-Margin Margin
Cash Trading Collateral Trading Margin/Margin plus Trading
I Account Opening Fee      
  1. Ad-Valorem Stamp Duty on Share Margin Financing Agreement ("SMFA") (not subject to GST) - - 0.5% of Approved Limit
  2. Processing Fee - - RM53-00
  3. Opening of CDS Account with Bursa Malaysia Depository (BMD) Account (inclusive of GST charged by BMD) RM10-60 RM10-60 RM10-60
  4. Nominal stamping for: (not subject to GST)      
 
  • Nominee Agreement
RM10-00 RM10-00 RM10-00
 
  • Letter of Offer*
RM10-00 RM10-00 RM10-00
 
  • Memorandum of Deposit
- - RM10-00
 
  • Duplicate SMFA
- - RM10-00
  5. Others - stamping for stamping for (not subject to GST) :-      
 
  • Letter of Set-Off (for opening of Collateral Trading)
- RM10-00 -
 
  • Letter of Set-Off (for FD pledged as collateral – 1st party)*
- 0.5% of FD value RM10-00
 
  • Letter of Pledging Fixed Deposit Receipt (Third Party) *
  0.5% of FD value RM10-00
 
  • Letter of Guarantee*
- - RM10-00
  * if applicable  
II Nominee Charges  
  1. Share Transfer Out  
 
  • Service Charge
RM10-60 per counter
  2. Handling of Cash Distribution / Dividend Reinvestment    
 
  • Service Charge
     
RM2-65 per dividend cheque / payment
RM2-65 per Dividend Reinvestment Plan (DRP) subscription
 
  • Stamp duty (not subject to GST)
RM10-00 per Dividend Reinvestment Plan (DRP) subscription
  3. Handling of Rights / Restricted Issue / Other for sale:  
 
  • Service Charge
RM2-12 per subscription
 
  • Stamp duty (not subject to GST)
RM10-00 per subscription
  4. Handling of Redemption / Conversion of Securities, Merger & Acquisition, Capital Repayment  
 
  • Service Charge
RM5-30 per application
  5. Handling of Bonus Issue  
 
  • Service Charge
-
  6. Execution of Proxy Form  
 
  • Service Charge
-
  7. Splitting/ Replacing lost subsidiary Income Tax Certificate  
 
  • Service Charge
The 1st copy at RM10-60 and RM3-18 for subsequent copies
  8. Replacement of lost cheque issued by Share Registrar:  
 
  • Nominal stamping for Letter of Indemnity (not subject to GST)
RM10-00 per application
  • The Nominee fees and charges are not inclusive of Third Party fees and charges that may be applicable in respect of Beneficial Owner’s subscription of Nominee Services listed above.