Announcements

REVISION OF STAMP DUTY ON CONTRACT NOTE

Dear Valued Clients,

Bursa Malaysia, via its circular dated 30 December 2021, has announced a revision in the stamp duty relating to the sale of any shares, stock or marketable securities in companies incorporated in Malaysia or elsewhere effective 01 January 2022 as follows :

1. For “shares or stock” - the stamp duty is 0.15% for every RM1,000 or fractional part of RM1,000 of the value of any shares or stock (payable by both buyer and seller). The minimum stamp duty is RM1.50 with increment of RM1.50 to a maximum of RM1,000.

1. For “marketable securities” - the stamp duty is 0.10% for every RM1,000 or fractional part of RM1,000 of the value of any marketable securities (payable by both buyer and seller). The minimum is RM1.00 with increment of RM1.00 to a maximum of RM200.

Due to the late announcement and system limitation, effective 01 Jan 2022 until further notice, the stamp duty charged across all clients’ contracts, for both “shares or stock” and “marketable securities”, will be at the rate of 0.15% subject to a maximum of RM1,000 per contract. The “excess” stamp duty charged on contract notes for “marketable securities” will be refunded to all affected clients via a one-off payment once our system enhancement to cater for the different stamp duty rates is completed.

If you need further clarifications, please contact our friendly eBroking Helpdesk Team via email [email protected] or at 03-2031 0102.

Thank you.

Kindly be informed that access to AmEquities website will not be available from 7:00pm, Friday, 12/11/2021 to 8:00pm, Saturday, 13/11/2021 due to a system maintenance activity.

The activity will result to all unmatched G-Orders (GTD and GTC) be withdrawn by BURSA on Friday, 12/11/2021 after 5.30pm. If you wish to continue with your G-Orders, please enter the orders from 8:30am, Monday, 15/11/2021.

 

Any inconvenience caused is much regretted.

Dear Valued Client,

 

With reference to the above, this serves as a gentle reminder to be vigilant when it comes to protecting your accounts and passwords from unauthorised access. 

 

Login credentials are uniquely assigned to specific users which constitute authentications needed in the system and sharing of such information could put your accounts at risk.  

Here are some simple practices that you can do to protect the safety of your account (s):

1. Do not share sensitive personal information such as usernames and passwords with anyone.
2. Be extra cautious in handling personal information via email.
3. Store your passwords in a secure location that is only available to you.

 

We hope that by following these practices, we can help in increasing awareness on how to protect your accounts from security threats. We would also like to take this opportunity to thank you for your support and we look forward to continue being of service to you.

Please contact eBroking Helpdesk at 03-2031 0102 or via email [email protected] if you need further information or clarification.

 

Thank you.

 

Yours faithfully,

Retail Business,

AmInvestment Bank Berhad