Transfer of Malaysian shares between two trading accounts takes two market days.
Fees to be settled are as follow:
Custody fee: S$2 per counter month
Transfer fee: S$5 per counter
Requirement for waiver of custody fee is two trades per month or six trades per quarter. This works out to a minimum of 24 trades per year. Custody fee is not applicable for suspended or delisted counters.
Malaysian shares that are bought offline can be sold online. Backroom staff will initiate the transfer upon online sale of the shares. There’s no transfer fee.
Updated on 1 April 2019