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For shares listed on Bursa Malaysia, shares must be held in the client's UOB Kay Hian (M) Sdn Bhd designated CDS sub-account before they can be sold online. If Malaysian shares are held with other stockbroking houses, they must first be transferred into the UOB Kay Hian (M) Sdn Bhd designated CDS sub-account via the other broker.
For non-Bursa shares, the shares must be in the UOBKH online account before they can be sold via the UTRADE multi-market trading platform.
Transfers from UOB Kay Hian (M) Sdn Bhd to other custodians are charged at RM10 per counter.
Share transfers are processed immediately.
Clients are notified if a sell order is placed with insufficient shareholdings.
Step 1: Go to your existing broker and request a transfer of your shares.
Step 2: Complete the “Transfer In of Foreign Securities From Other Broker” form.
Step 3: Mail the completed form back to us.
Note: For more information, please contact our CDS & Settlement Department at +604 229 9318.
Agents for American Depositary Receipt (ADR) issues impose a custodial fee on holders, collected by the ADR agent.
The usual practice is for the ADR agent to deduct the custodial fee from the gross dividend payable to ADR holders.
These ADR fees are in turn deducted from dividends due to clients, or a debit advice is sent to clients seeking payment. The rate applied is approximately USD 0.02 per ADR.
ADR custodial fees are imposed by DTC and are irrevocable and not subject to waiver.
