Great news for all retail investors!!! 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.
These measures were announced on 6 February 2018 by Prime Minister at the World Capital Markets Symposium 2018, hosted by the Securities Commission Malaysia.
What are the incentives???
What are the incentives???
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* Stamp duty on shares of mid and small cap companies will be waived effective 1st March 2018 until 28th February 2021.* Exemption will be applicable to listed companies 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.
- Fee waiver on trading and clearing fees for six months* Eligible to first time individual investors who open a CDS account from 1st March 2018 to 31st August 2018* No other CDS account has been opened before (including closed account). Don't try to cheat ya :)* Applicable to new investor’s trading within waiver period (Meaning, open account early and start trading will be the best!)* Eligible to direct individual accounts only, NOT nominee CDS account. What's the difference? Click here to find out...
(Source: Securities Commission Malaysia & Bursa Malaysia)
Malaysian market is not too reliable, i rather invest and trade on ETF (Exchange Traded Funds) ....
ReplyDeleteGreat info there!
ReplyDelete