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 Selling Odd Lots on Bursa Malaysia

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TSzaFrOoNaLdO
post Mar 8 2016, 10:28 AM, updated 10y ago

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Hi All

Initially I bought some shares say 1200 units.

however after some corporate exercise, bonus issue or sumting, i was given extra 8 shares.
now i wanna sell off the shares, but unable to do so..

anyone can help/have any idea how do i sell that extra 8 shares?

thanks in advance!
haru20
post Mar 8 2016, 11:26 AM

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QUOTE(zaFrOoNaLdO @ Mar 8 2016, 10:28 AM)
Hi All

Initially I bought some shares say 1200 units.

however after some corporate exercise, bonus issue or sumting, i was given extra 8 shares.
now i wanna sell off the shares, but unable to do so..

anyone can help/have any idea how do i sell that extra 8 shares?

thanks in advance!
*
If not mistaken u have to engage ur broker or the broking house to perform the sale.

a pointer try calling ur broking house to enquire

This post has been edited by haru20: Mar 8 2016, 11:27 AM
TSzaFrOoNaLdO
post Mar 8 2016, 12:01 PM

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QUOTE(haru20 @ Mar 8 2016, 11:26 AM)
If not mistaken u have to engage ur broker or the broking house to perform the sale.

a pointer try calling ur broking house to enquire
*
oo okay.. thanks for the help!
djhenry91
post Mar 11 2016, 07:32 PM

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ask ur broking house how to chg to normal odd lot board
topearn
post Mar 11 2016, 09:15 PM

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If U're using AmeSecurities, U can trade both normal lots and odd lots yourself. I've bought some odd lots myself; It's just like buying normal lots.
But I would advice U to just keep the 8 shares cos to sell it the brokerage fee will be very high in percentage terms, and could even be more than the share sold, e.g. if I were to sell 8 shares of RM1 per share, brokerage already cost RM6.36, stamp duty is rm1, clearing fee also need to pay, so the total fee I've to pay is about RM8, then I get nothing for selling the 8 shares. So why bother selling. Mind U, I've doing the trading myself, but if I were to go thr's a broker, the brokerage fee is a lot higher, meaning I've to pay the brokerage firm to sell the 8 shares.
TSzaFrOoNaLdO
post Mar 17 2016, 03:39 PM

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QUOTE(topearn @ Mar 11 2016, 09:15 PM)
If U're using AmeSecurities, U can trade both normal lots and odd lots yourself. I've bought some odd lots myself; It's just like buying normal lots.
But I would advice U to just keep the 8 shares cos to sell it the brokerage fee will be very high in percentage terms, and could even be more than the share sold, e.g. if I were to sell 8 shares of RM1 per share, brokerage already cost RM6.36, stamp duty is rm1, clearing fee also need to pay, so the total fee I've to pay is about RM8, then I get nothing for selling the 8 shares. So why bother selling. Mind U, I've doing the trading myself, but if I were to go thr's a broker, the brokerage fee is a lot higher, meaning I've to pay the brokerage firm to sell the 8 shares.
*
thanks for the advice.. i've just called Itrade CIMB and they told me where to navigate to change to odd lots board.

i actually have more units la, its like 5428 units. so they told me to sell normal lots and odd lots on the same day to save on brokerage thumbup.gif

 

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