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Share Margin Financing

Share Margin Financing

 

Description

  A standby, revolving credit facility which provides leverage for the secured collaterals for   
  trading, subscription or purchase of securities

Features

  • Margin of financing up to 60%
  • Wider range of acceptable collaterals, i.e Cash/Fixed Deposit (MYR, SGD, HKD, USD, AUD, GBP, THB and JPY); Acceptable Quoted Shares (Bursa Malaysia, SGX, HKEx and US Markets (NYSE & NASDAQ)
  • Leverage of collateral: up to 2.5x
  • Minimum facility limit of RM50,000
  • Documentation fee of up to RM130 (waived for redemption case)
  • CDS account opening fee of RM10
  • Stamping Duty
    · Principal Agreement – Ad valorem (0.5% of the facility limit)
    · Subsidiary Agreement – Nominal (RM10 each)
  • Rollover fee at 0.5% of outstanding facility amount - waived for first 12 months (if applicable)
  • CDS transfer fee: Absorbed up to 20 marginable Bursa counters (for redemption case only)

Terms and conditions apply

 

 

 

 

 

Share Margin Financing

 

Eligibility

  • Individual age between 21 to 70

-    Malaysian

-    Permanent Resident of Malaysia

-    Foreigner

  • Corporate

 

Documentation
Requirement

  • Individual
     

ü   Account Application Form

ü   Photocopy of NRIC (Front & back)

ü   Income evidence:

-    EA Form / Form B / Form BE; or

-    Latest EPF statement; or

-    Latest one (1) month salary slip

ü   Latest three (3) months savings account / latest three (3) months current account statement;

ü   Latest margin account statement from your existing financier (Applicable for redemption case)

 

  • Corporate
     

ü   Account Application Form

ü   Certified True Copy (“CTC”) of Memorandum and Articles of Associate or constitution documents, if applicable

ü   CTC of audited accounts for past 2 years

ü   CTC of Form 9 (Certificate of Incorporation) for companies incorporated under Companies Act 1965), or Notice of Registration for companies incorporated under Companies Act 2016 (whichever is applicable)

ü   CTC of latest Form 24 of the Companies Act 1965 and/or the form on Return for Allotment of shares (whichever is applicable)

ü   CTC of latest Form 44 of the Companies Act 1965 or the Application of Registration and Notification of Change in the Registered Address Form, if applicable

ü   CTC of latest Form 49 or the Notification of change in the Register of Directors, Managers and Secretaries Form (whichever applicable)

ü   CTC of Directors and Guarantors’ NRIC (Front & back)

ü   CTC of Guarantors’ latest payslip/ Form B/ Form BE/ EA Form/ EPF statement and bank statement.

ü   Latest margin account statement from your existing financier (Applicable for redemption case)

ü   Board Resolution

 

 

 

 

Individual

Corporate

Account Application Form (Individual)

Account Application Form (Corporate) 

1.     Complete and sign the application form

2.     Visit any of our CGS-CIMB Securities Sdn Bhd Branches. Click Contact Us here; or

3.     Contact us at +603 2635 6868 or email us at customerservice.my@cgs-cimb.com

 

 

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(formerly known as Jupiter Securities Sdn. Bhd.)