#KLSE--#DAMARU FINANCE

Location: Malaysia

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GET a GooD BROKER IN MALYSIA# damaru finance

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# damaru finance Brokerage Fee Structure Trading Limit Settlement / Payment Method Hong Leong Bank 0.106% Minimum RM8.48 Value Trade: Cash Upfront Hong Leong, Maybank2U Rakuten Trade 0.106%  Minimum RM7, RM8 & 0.1% depending on trade value. Max RM100. Cash Upfront All banks M+ Online 0.05% Minimum RM8.48 M+ Silver: Cash Upfront CIMB, Maybank, Public Bank, Hong Leong, UOB, RHB Maybank 0.1% Minimum RM8.48 Cash Account Maybank AM Securities 0.05% Minimum RM8.48 e-Direct - Cash Upfront eDeposit / eSettlement through Ambank Jupiter Securities 0.1% Minimum RM10 Cash Upfront Fund transfer via Maybank, HSBC, CIMB, RHB, Public Bank. CIMB iTrade 0.106% Minimum: RM8 Cash Upfront CIMB, Maybank, Public Bank, Hong Leong Kenanga Wealth 0.49% Minimum: RM12 Cash Upfront Fund transfer Showing 1 to 8 of 8 entries Previous Next Table updated as at 1 June 2017 Some of the fees may change from time to time, so for those of you who managed to get the latest figures, please ...
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STAM DUTY CALCULATION - TRANSFERING PRIVATE COMPANY SHARES IN MALAYSIA

GO-- FOR MORE   http://lampiran2.hasil.gov.my/pdf/pdfam/guideline_stampingofshares.pdf Example I XYZ Sdn. Bhd. (an investment holding company) has an issued share capital of RM200,000. A total of 150,000 shares were sold on 1.3.2001 for a sale consideration of RM75,000. The particulars as per audited accounts for the year ended 31.12.2000  (Appendix 1A and 1B) are as follows : Net loss for the year ( RM 2,275 ) Issued share capital RM200,000  Shareholders’ Funds RM181,950  (A) Par Value of shares transferred RM150,000  (B) Net Tangible Assets (“NTA”) Value per share = Shareholders’ Funds Issued share capital = RM181,950 RM200,000 = RM0.91 Value of shares transferred = RM0.91 x 150,000 = RM136,500  (C) Sale consideration RM75,000 A comparison between Par Value, “NTA” and sale consideration shows that the value of shares based on par value is the highest. The stamp duty payable is, therefore, calculated based on par value i.e. RM150,000. ...
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