Malaysia

Malaysia's market-oriented economy, combined with an educated workforce and a well-developed infrastructure, has made Malaysia one of the largest recipients of Foreign Direct Investments among developing countries.

Why Malaysia?

Market-oriented economy
Educated workforce
Well-developed infrastructure

Basic Information

Morning Session
Pre Opening	08.30am - 09.00am
Open & Continuous Trading	09.00am - 12.15pm
Pre Closing¹	12.15pm - 12.20pm
Trading at Last and Closing²	12.20pm - 12.30pm
Afternoon Session
Pre Opening	02.00pm - 02.30pm
Open & Continuous Trading	02.30pm - 04.45pm
Pre Closing¹	04.45pm - 04.50pm
Trading at Last and Closing²	04.50pm - 05.00pm
Time Difference	GMT + 8
Currency	Malaysia Ringgit (MYR)
Trading Lots	100
Maximum Qty Per Order	500,000 units
Main Index	FTSE Bursa Malaysia KLCI
Settlement Period	T + 3 market days
Price Quotes	LIVE Data Feed
Use of CPF	No

Note:

¹ You can enter, amend and cancel orders at any price. Queue is based on first come first serve basis, time x price priority. No matching is done during this time. At 12:20pm & 4:50pm sharp, after Theoretical Closing Price (TCP) is determined, orders will be matched.

²Last 10 minutes for trading. All buy/sell orders can only be done at Theoretical Closing Price (TCP). Eg: if the TCP is MYR2.12, you will have to enter MYR2.12 as the price in the order ticket.Your order will be rejected if you enter other prices. If there's sufficient volume, your orders should be done. In the event of no TCP during the period, the closing price will be the last known traded price

The Electronic Trading Service is provided on an “as is”, “as available” basis only and subject to the Standard Trading Terms and Conditions.

Please refer to www.bursatrade.com for more details.

Minimum Bid Size for trading on Bursa Malaysia

Table I - New Tick Sizes for Securities Traded and Quoted On Bursa

Share Price (RM)	Minimum Bid Size (RM)
Below RM1.00	0.005
RM1.00 to RM9.99	0.01
RM10.00 to RM99.98	0.02
RM100.00 and above	0.10

Additional Information:

No “force key” will be required
Order will be rejected if the price entered is more than 30% of the last traded price
For odd lot quantity, kindly contact your Trading Representative to place order

Table II - New Tick Sizes for ETF

Securities	Market Price (RM)	Minimum Bid Size (RM)
ABFMY1	At any price	0.001
Equity-based ETFs	Below RM1.00	0.001
	Between RM1.00 to RM2.995	0.005
	RM3.00 and above	0.01

For bonds, debentures, loan securities, warrants and call warrants, the minimum bid structure will have the same minimum trading spreads as for shares.

For more information, please refer to Bursa Malaysia’s website.

Commission Rate and Charges for trading on Bursa Malaysia

(A) Commission Rate

Transacted Value	Online
Minimum Commission	RM70
< RM100K	0.50%
RM101K to RM200K	0.40%
> RM200K	0.30%

Note:

For dealer-assisted rate, please contact your Trading Representative.
Commission is subjected to prevailing Singapore GST (if applicable).

(B) Foreign Fees Payable

Clearing Fee

0.03% on Gross Amount, rounded up to the nearest cent (subject to maximum of RM1000 per contract)

For example RM1.293 will be rounded up to RM 1.30.

Stamp Duty

0.10% on Gross Amount, rounded up to the nearest dollar (subject to maximum of RM200 per contract)

For example RM1.30 will be rounded up to RM2.00

Note:

Do note that the exchange fees are subject to change by respective Exchanges from time to time without prior notice.

(C) Custodian Fees for Foreign Securities held with OCBC Securities.

The custodian fees for foreign securities are S$2.00 per counter per month. Click here for more details.

Note:

All the above commission & fees are subject to prevailing Singapore GST (if applicable).

2012 Securities Trading Holidays

Month	Date	Day	Remarks
January	02-Jan-12	Monday	New Year's Day
January	23-Jan-12	Monday	1^st day of Chinese New Year
January	24-Jan-12	Tuesday	2^nd day of Chinese New Year
February	01-Feb-12	Wednesday	Federal Territory Day
February	06-Feb-12	Monday	Birthday of Prophet Muhammad
February	07-Feb-12	Tuesday	Thaipusam
April	10-April-12	Wednesday	Installation of Yang di-Pertuan Agong
May	01-May-12	Tuesday	Workers' Day
August	20-Aug-12	Monday	Hari Raya Puasa (Eid-ul-Fitri)
August	21-Aug-12^*	Tuesday	Hari Raya Puasa (Eid-ul-Fitri)
August	31-Aug-12	Friday	National Day
September	17-Sept-12	Monday	Malaysia Day
October	26-Oct-12^*	Friday	Hari Raya Haji (Eid-ul-Adha)
November	13-Nov-12	Tuesday	Deepavali
November	15-Nov-12	Thursday	Awal Muharram (Maal Hijrah)
December	25-Dec-12	Tuesday	Christmas Day

Note:

* Dates may subject to change.

- All dates given here are correct at the time of posting. Some Holidays may differ slightly and are subject to the local official announcement.

Additional Remarks

Declaration Form for Clients trading in the Malaysian market

Customers who wish to trade in Malaysian shares (Bursa Malaysia) are required to make a one-time declaration on their Malaysian Residency Status to OCBC Securities.

In compliance with Bank Negara Malaysia Foreign Exchange Administration (FEA) Rule, any sale proceeds and contra gains in relation to Malaysia stock holdings held by Malaysia residents are strictly required to be made in Ringgit. If you wish to receive in foreign currency, you will need to sign and submit a one-time Declaration Form to allow us to act on your future instructions on the conversion of MYR to a foreign currency. Click here for more information.

Click here to download Declaration For Malaysian Residency Status

Useful Information on Stock Code

Sample Stock Code	Remarks
5398CF	Call Warrant
4073LA	Loan Stock
7040PA	Preference Share
2208W	Warrants
1635OR	Rights to Share

DISCLAIMER

Trading in securities can be very risky, and the customer may lose all or more than the amount invested or deposited. This is particularly so when the customer needs to i) make his or her own trading decisions and ii) ensure each trade is specifically suitable for him or her – the only basis for any trading through or with OCBC Securities Private Limited (“OSPL”). The information provided herein is intended for general circulation/discussion purposes only and may not be published or circulated (in whole/in part) without our written consent. It does not take into account the specific investment objectives, financial situation or particular needs (collectively “Objectives”) of any particular person. Please seek advice from an independent financial adviser regarding the suitability of any trade or investment product taking into account your Objectives before making a commitment to trade or purchase the investment product. If you choose not to seek independent financial advice, please consider whether the trade or product in question is suitable for you. This does not constitute an offer/solicitation to buy/sell/subscribe for any investment products or to participate in any particular trading or investment strategy. Any proposed transaction is subject to the final expression of the terms in the definitive agreement/confirmation. No representation or warranty whatsoever (including without limitation any representation or warranty as to accuracy, usefulness, adequacy, timeliness or completeness) in respect of any information (including without limitation any statement, figures, opinion, view or estimate) provided herein is given by OSPL and it should not be relied upon as such. OSPL does not undertake an obligation to update the information or to correct any inaccuracy that may become apparent at a later time. All information presented is subject to change without notice. OSPL shall not be responsible or liable for any loss or damage whatsoever arising directly/indirectly howsoever in connection with or as a result of any person acting on any information provided herein.

Pre Opening

DISCLAIMER