Learn how to invest in the securities market. Whether you are a beginner or an expert, you can find useful information, tips and ideas on investing in this section.
The CDS account may be opened by:
In general, a CDS account can only be opened if the persons are opening it either as a beneficial owner or as an Authorised Nominee.
If you are an individual investor, you may go to an ADA of your choice and:
If you are a corporate investor, you are required to:
Your ADA will then open the CDS account and give you your CDS account number. Bursa Malaysia Depository Sdn Bhd will send you an account opening confirmation notice by ordinary mail.
Bursa Malaysia Depository would have informed you of the account and the need for you to formalise the opening of the account by submitting the relevant documents and by paying the Account Opening fee. The account cannot be utilised until all these formalities are complied with.
* an advocate/solicitor or barrister admitted to the recognised Bar council of the respective country.
All you need to do is complete the Application for Updating of Account Particulars form, and hand it over to your ADA who will then do the rest.
Individual investors who wish to do so must be present before the ADA, bringing along the letter officially expressing the intention of updating the signature.
The letter should contain the following:
For a corporate investor, a letter duly signed by the person appointed to operate the account pursuant to Board Resolution of the company or a new Board Resolution on the update, is to be submitted.
Depositors' statement of account cycles are assigned to either the 7th, 14th or 21st of each month. ADAs' principle and nominee accounts are assigned to the 28th of each month.
If the date of the statement goes back to more than one (1) year from the date of retrieval, you must request it from Bursa Depository by way if letter. Charges are applicable
It may be due to the following circumstances:
The changes are as follows:
This category of approved reason for transfer caters for transfers that result in no change in the beneficial ownership of securities. Under this category of approved reasons for transfer, the name of the beneficial owner is transparent and identical at both the securities accounts of the transferor and transferee, thus no supporting document is required.
This category of approved reason for transfer covers scenarios such as transfers pursuant to General Offer, transfers between family members, transfers arising from pledging of securities, transfers involving Government Authorities and transfers that require prior approval from Bursa Malaysia Depository. Except for transfers involving Government Authorities, the rest of the approved reasons in this category would require supporting documents.
Individual depositors are also able to transfer securities from their CDS accounts held directly in the name of the individual depositor or nominee accounts held by an Authorised Nominee (where the individual depositors are indicated as beneficial owners) to CDS accounts held directly in the name of their family members. They will be required to enclose the relevant supporting documents when initiating such transfers.
However, transferring of securities from the depositors' Pledged Securities Accounts directly to their family members' CDS accounts are not permitted.
However, transferring of securities from the depositors' Pledged Securities Accounts directly to their family members' CDS accounts are not permitted.
Based on this information, the issuer will determine the entitlement of each of its shareholder and instruct Bursa Malaysia Depository to credit the relevant CDS accounts with the appropriate number of shares.
A depositor shall not withdraw deposited securities from the Central Depository safe except in the following circumstances:
In a nutshell, ESA is a mode of applying for IPOs in a paperless manner.
It is provided by financial institutions which have formulated the handling of IPO processes with the Issuing House. IN the context of ESA, these financial institutions are commonly known as Participating Financial Institutions (PFI), which are:
All you need is:
Note: The above FAQ on ESA facility is only intended to provide IPO applicants with a brief overview on the ESA facility. The procedures and guidelines governing the operations of ESA facility may vary from one PFI to another. If in doubt, applicants are encouraged to seek necessary clarification on the usage of the ESA facility directly from the respective PFI or Issuing House.
Bursa Malaysia Depository can only liaise with the following personal representatives in terms of balance enquiry, closing of accounts, and transfer of securities:
Notifying the Bursa Malaysia Depository in writing, of the death of the depositor
Submitting the following documents to Bursa Malaysia Depository:
The form must be executed before a Notary Public/Advocate & Solicitor/any of the CDS officers of the ADA in Malaysia. The above mentioned documents must also be certified true by the same witness who witnesses the execution of the said form.
Upon the extraction of the Grant of Representation (GOP), Letter of Administration (LA) or the Distribution Order, transfer of securities from the deceased depositor's account may be performed by the executor/administrator appointed pursuant to the GOP or the beneficiary named in the Distribution Order, who must be personally present before an officer of Bursa Malaysia Depository to execute the relevant transfer form.
Please note that the GOP/LA obtained from other countries have to be duly resealed in the High Court of Malaysia.
Submit the following documents to Bursa Malaysia Depository for verification:
Pay the RM10transfer fee and RM50 processing fee
To withdraw, you need to do the following:
Copyright © 2013 Bursa Malaysia Berhad. All rights reserved.
Terms & Conditions of Use, Disclaimer and Linking Policy
General: (603) 2034 7000 | (603) 2332 7000 (603) 2732 5258 customerservice@bursamalaysia.com Customer Service: (603) 2026 5099 (603) 2026 4122
Interact with Bursa Malaysia
TwitterRSS
Subscribe to our RSS feeds and get the latest Bursa Malaysia news delivered directly to your desktop.
Click on the orange RSS button to go to the Subscribe page.
| Subscribe | |
|---|---|
Media Releases |
Subscribe |
Investor Relations
|
Subscribe |
Bursa Malaysia Listing Requirements
|
Subscribe |
Bursa Malaysia Rules
|
Subscribe |
Enforcement News |
Subscribe |
Initial Public Offering |
Subscribe |
Events |
Subscribe |