You can now have more reasons to expand your investment portfolio and trade more with the new trading incentives that will take effect on 1 March 2018.
1) Stamp duty waiver on shares of mid and small cap companies traded on Bursa Malaysia, effective 1 March 2018 for a period of three years
Stamp duty on shares of mid and small cap companies will be waived effective 1st March 2018 until 28th February 2021.
The stamp duty exemption will be applicable to companies listed on Bursa Malaysia Securities with a market capitalization ranging between RM200 million and RM2 billion as at 31 December 2017 for eligibility in 2018. For eligibility in 2019 onwards, the companies will be based on their market capitalization as at 31 December 2018. The list of companies will be static until the annual review.
Download the list of mid and small cap companies eligible for stamp duty exemption here
The stamp duty exemption will be applicable to companies listed on Bursa Malaysia Securities with a market capitalization ranging between RM200 million and RM2 billion as at 31 December 2017 for eligibility in 2018. For eligibility in 2019 onwards, the companies will be based on their market capitalization as at 31 December 2018. The list of companies will be static until the annual review.
Download the list of mid and small cap companies eligible for stamp duty exemption here
2) Fee waiver on trading and clearing fees for six months
Below are the criteria to be eligible for the waiver:
· Eligible to first time individual investors who open a CDS account from 1st March 2018 to 31st August 2018- want to know how to open account? click HERE
· No other CDS account has been opened before (including closed account) (No other account at any bank or closed account )
· Applicable to new investor’s trading within waiver period (1st March 2018 – 31st August 2018)
· Eligible to direct individual accounts only - want to know the different of direct and indirect? click HERE
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