Stocks & Shares

Malaysia (BURSA)

POEMS Online/Mobile Broker -assisted
Total Asset Value Cash Plus Account All Accounts
SGD0 – SGD 29,999 0.18%, min MYR50 1%, min MYR80
SGD30,000 – SGD 249,999 0.15%, min MYR40
SGD250,000 and above 0.12%, min MYR30
Exchange fees:
Contract Stamp 0.1% (rounded up to nearest dollar, max MYR 200 per contract)*
Foreign Fee 0.03% (rounded up to nearest cent, max MYR 1,000 per contract)
Sales and Service Tax (SST) ^ 6%

*Contract Stamp Duty for shares of selected mid and small cap companies will be waived for a period of 3 years with effect from 1 March 2018 till 28 February 2021. View the list of mid and small cap companies eligible for stamp duty exemption.

^With effect from 1 March 2019, Malaysia’s Sales and Service Tax (SST) of 6% will be imposed on intermediary brokerages.

Note: All fees and charges are subject to Goods & Services Tax (GST). GST will also be applicable on related foreign fees such as stamp duty, exchange and trading fees from 1st October 2021. Fees & charges may be subject to changes without prior notice. Please click here for custodian charges. (effective 1 April 2022)

 

Order Placement Via
1) POEMS or
2) Your designated Trading Representative
Trading lot 100
Price Quote Via POEMS (live price)
Exchange Bursa
Minimum bid size Share price (MYR) Minimum Bid Size (Sens)
< 1.00 0.5
1.00 – 9.99 1
10.00 – 99.98 2
≥100.00 10
Trading Phase (Mon-Fri) Morning Session Afternoon Session
Pre-opening 08:30am – 09:00am 02:00pm – 02:30pm
Matching at Theoretical Opening Price 09:00am 02:30pm
Continuous Trading 09:00am – 12:30pm 02:30pm – 04:45pm
Pre-closing NA 04:45pm – 04:50pm
Matching at Theoretical Closing Price NA 04:50pm
Trading at Last NA 04:50pm – 05:00pm (orders can only be placed at Last Done price)
Settlement Date4 T+2 market days*
Settlement Currency MYR or SGD
Order Amalgamation Yes (Conditions for Amalgamation, click here)
Contra Trading Yes
CPF settlement No

For payment methods, please visit https://www.poems.com.sg/payment/

*With effect from 29 April 2019, Malaysia’s settlement date will be revised from T+3 to T+2. For more information, please visit http://www.bursamalaysia.com/market/securities/education/faqs-on-t-2-settlement-cycle/

  1. Limit order – order will be executed at order price or better.
  2. All orders are only valid for one trading day. Orders not done will be cancelled at the end of each trading day.
  3. Starts on last Sunday of March and ends last Sunday of October.
  4. Should the due date coincide with Singapore public holiday/s – The due date will follow the traded market’s due date.

2021

Month Day Date Holidays Settlement Trading Day
January Friday 01 January New Year’s Day No No
Thursday 28 January Thaipusam Day No No
February Monday 01 February Federal Territory Day No No
Thursday 11 February Chinese New Year Eve Yes Partial
Friday 12 February Lunar New Year No No
April Thursday 29 April Nuzul Al-quran No No
May Wednesday 12 May Hari Raya Puasa Eve Yes Partial
Thursday 13 May Hari Raya Puasa No No
Friday 14 May Hari Raya Puasa No No
Wednesday 26 May Wesak Day No No
Monday 31 May Harvest Festival No No
June Monday 07 June Yang Dipertuan Angong No No
July Tuesday 20 July Hari Raya Haji No No
August Tuesday 10 August Muharram No No
Tuesday 31 August National Day No No
September Thursday 16 September Malaysia Day No No
October Tuesday 19 October Birthday Of Mohammed No No
November Thursday 04 November Deepavali No No

*** Date subject to change

Note: Information is correct at time of posting