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Central Depository System (CDS)
Investors who wish to trade in securities listed on Bursa Malaysia must open CDS (Central Depository System) accounts with Authorised Depository Agents (ADAs), i.e. stockbroking companies. Securities bought will be credited into CDS accounts that the investors have opened. Likewise for securities sold, these securities will be debited from the CDS accounts.
Request for eStatement
TERMS AND CONDITIONS
ENROLLMENT TO RECEIVE CDS STATEMENT OF ACCOUNTS, NOTICES AND OTHER COMMUNICATION ELECTRONICALLY (“eSTATEMENT”)
TERMS AND CONDITIONS:
- By providing my details herein, I hereby elect to receive my CDS statement of accounts, notices and other communication from Bursa Malaysia Depository Sdn Bhd (“Bursa Depository”) electronically (hereinafter referred to as “eStatement”) via the email address provided in the details above, subject to these terms and conditions.
- I understand and agree that, with this enrollment to receive eStatement in relation to this CDS account, eStatement in relation to my other CDS Accounts will also be sent to me electronically.
- I understand and agree that these terms and conditions supplement, but do not replace, Bursa Depository’s rules, conditions, disclaimers or requirements governing my CDS Accounts, CDS statement of accounts, notices and other communication from Bursa Depository.
- I declare that the information in the details provided are accurate and complete.
- I further declare that the password used for enrollment herein, is the password allocated to me in my hard copy CDS statement of accounts or notices, for the purpose of enrollment to receive eStatement.
- I agree and understand that following my enrollment to receive eStatement, Bursa Depository will be providing me my CDS statement of accounts, notices and other communication in electronic form via the email address provided herein instead of hard copy.
- I understand and agree that in the event that I do not receive an email confirmation of my successful enrollment to receive eStatement within two (2) business days following enrollment, I will need to re-enroll using the same password.
- I understand that I have a right to resume receiving my CDS statement of accounts in hard copy at any time by completing the eServices Form which can be obtained from Bursa Malaysia’s website at www.bursamalaysia.com or from the Authorised Depository Agent (“ADA”) through which I opened my CDS Account. The eServices Form must then be submitted in hard copy to the aforementioned ADA.
- I understand and agree that in order to receive eStatement from Bursa Depository, my email address as well as other details must be valid and current and I undertake to update Bursa Depository of any changes to my details by completing the eServices Form and submitting it to my ADA.
- I understand that eStatement shall be in PDF format and in order to view my eStatement, I require Adobe Acrobat Reader.
- I understand and agree that any password provided in relation to accessing eStatement must be kept confidential and any loss or liability arising from a breach of the aforementioned shall be borne solely by me.
- I understand and agree that Bursa Depository reserves the right to stop delivering my CDS statement of accounts, notices and other communication electronically, and revert to hard copy by giving me notice.
- I understand and agree that Bursa Depository makes no representations or warranties regarding the accuracy, functionality or performance of email, the internet or any software that may be used in connection with the same. Bursa Depository disclaims any expressed or implied warranties, including any warranties of error-free operation.
- I agree and understand that receipt of any email notification may be delayed or prevented by factors affecting Internet Service Provider(s), phone operator(s), and such relevant entities (“Third Party Service Providers”). I agree and understand that all matters between the Third Party Service Providers and I are solely between the Third Party Service Providers and I. Bursa Depository, Bursa Malaysia Berhad (“Bursa Malaysia”) and its group of companies make no representations or warranties whatsoever with regard to Third Party Service Providers’ products and services. I understand and agree that Bursa Depository, Bursa Malaysia and its group of companies do not guarantee the delivery of the contents of any email notification and will not be liable for losses or damages arising from non-delivery, delayed delivery, or misdelivery of any email.
- I understand that internet transmission lines and email may not be a secure means of transmission. I accept that such unsecure transmission methods involve the risk of possible unauthorised alteration of data, unauthorised usage thereof for whatever purpose, or contents becoming known to third parties and I agree to absolve Bursa Depository, Bursa Malaysia and its group of companies from all liabilities arising from or related to the aforementioned and agree to hold Bursa Depository, free and harmless from all losses, costs, damages and expenses that may be suffered by me due to any errors, delays or problems in transmission or unauthorised or illegal interception, alteration, manipulation of electronic data or otherwise caused by using email as a means of transmission.
- I agree to indemnify, defend and hold harmless Bursa Depository, Bursa Malaysia and its group of companies from any third party claims, liabilities, damages and costs (including reasonable attorney’s fees), arising from, related to, or in connection with my breach of these Terms and Conditions and in connection with my enrollment to receive eStatement or the transmission of eStatement to me.
- Bursa Depository may amend, delete or add to the terms and conditions herein.
- I understand and agree that Bursa Depository will process my personal data (as defined in the Personal Data Protection Act 2010) in the Details, including any additional information that I may subsequently provide, for the purposes of administering of my enrollment to receive eStatement, to communicate with, and provide other services to me or to provide me with information on products and services and other business activities of Bursa Depository, Bursa Malaysia and its group of companies or to facilitate the sending of notices and communications from the issuers and Participating Organisations (“POs”), including among others, eDividend notification and contract notes from POs and notices or circulars from issuers (collectively referred to as “Purposes”).
- I understand and agree that my personal data in the details may be disclosed to Bursa Malaysia and its group of companies, related and/or associated company, business partners and/or service providers for any of the above Purposes or any other purpose directly related to any of the above Purposes.
These terms and conditions shall be governed by, and construed in accordance with, the laws of Malaysia. All depositors agree to submit to the exclusive jurisdiction of the courts of Malaysia.
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All rights reserved.
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