3 March 2015

The Implementation of Malaysian Goods and Services Tax (“GST”)

The Malaysian Government has announced the implementation of Goods and Services Tax (“GST”) of 6% in the Budget 2014, which will be effective starting from 1 April 2015.

GST is a multi-stage tax on domestic consumption. GST is charged on all taxable supplies of goods and services in Malaysia except those specifically exempted.

As such, we would like to inform that under the GST regime, all charges (sales charge, transfer fee, switching fee, redemption fee and platform fee) and expenses charged to the fund (annual management fee and annual trustee fee) will be subjected to GST and will be borne by investors, unless stated otherwise.

For more information on GST, please visit the Royal Malaysian Customs Department website at www.gst.customs.gov.my.

If you have any enquiries, please do not hesitate to contact us at 03-2149 0567 or 04-640 1567. Alternatively, you can email us at clienthelp.my@fundsupermart.com.

Thank you.



Yours sincerely,

Wong Weiyi
General Manager
fundsupermart.com

How come I didn't receive such email.

haha cause of the 1MDB loan I guess?