Gamuda 31 Dec 2024

Gamuda 31 Dec 2024
👉 Key in promo code [UNBOXWONDER] to enjoy 50% discount on selected ala-carte tickets.

30 November 2022

What is "Shares2share" Donation Programme?

Running out of ideas about what else can you donate? Other than cash money, property, and collectibles, now you can donate your shares.


Yes. Your shares that are listed on Bursa Malaysia.

What is that?
How to donate?

Bursa Malaysia Berhad launched Shares2share, a securities donation scheme that enables investors to donate their listed securities, or proceeds from the sale of the listed securities, towards charities supported by Yayasan Bursa Malaysia.

The Shares2share scheme is a cost-effective and easily accessible method for investors to donate their securities towards charitable causes. It leverages the capital market by rallying market participants towards doing good for people and the planet.

To participate, investor donors have a choice of two options to choose from, namely:
  • Model 1: Donation of securities without a tax receipt, and
  • Model 2: Donation of sale proceeds with tax receipt, which allows the investor donor to receive a tax deduction.
This applies to donors who prefer to donate their listed securities under Shares2share without the need for Tax Receipts.
Under Model 2, the donor shall transfer the listed securities to the donor’s Participating Organisation’s designated exempt authorised nominee (EAN) account. There will be no change in beneficial ownership as the securities still belong to the donor.


Both these options are available to investor donors who are clients with any of the following participating organisations:
1. Affin Hwang Investment Bank Bhd
2. AmInvestment Bank Bhd
3. Apex Securities Bhd
4. BIMB Securities Sdn Bhd
5. CGS-CIMB Securities Malaysia Sdn Bhd
6. Hong Leong Investment Bank Bhd
7. Inter-Pacific Securities Sdn Bhd
8. KAF Equities Sdn Bhd
9. MIDF Amanah Investment Bank Bhd
10. M & A Securities Sdn Bhd
11. Malacca Securities Sdn Bhd
12. Maybank Investment Bank Bhd
13. RHB Investment Bank Bhd
14. TA Securities Holdings Bhd
15. Public Investment Bank Bhd

Q: Huh? What if my broker firm was not participating?
A: Never mind, you may still participate in the Shares2Share scheme but will not receive a tax receipt.

Q: Can I do the share donation via an online platform?
A: Yes, you can transfer your shares to Shares2share via Bursa Anywhere app. Please download the app for ease of transfer if you have not done it yet.

Q: Does Shares2share apply to all types of securities?
A: Shares2share applies to all listed securities except the following -
  • Stocks listed on LEAP Market,
  • Delisted stocks,
  • Structured Warrants,
  • Leveraged & Inverse Exchange Traded Funds,
  • Non-equity securities, and
  • Securities classified as PN17 and GN3.

Approved Charitable Organisations
  1. Cancer Research Malaysia
  2. Hope Mission Welfare Society of Teluk Intan Perak
  3. Malaysian Relief Agency Foundation
  4. Mercy Malaysia
  5. National Cancer Society Malaysia
  6. Pertubuhan Kebajikan Mental Selangor
  7. The Pure Life Society
  8. United Voice
  9. Yayasan Orang Buta Malaysia

Members of the public may find more information about Shares2share by visiting the following website: https://www.bursamalaysia.com/about_bursa/sustainability/yayasan-
bursa-malaysia/shares2share



Follow our active FB page via

No comments:

Post a Comment

Finance Malaysia Blog appreciates your comment. Cheers!