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 Maybank Trade, CDS Account, How to do Nominees?

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TSchinkw1
post Sep 29 2024, 10:42 PM, updated 2y ago

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Hi,

Our Maybank Trade & CDS Account, how to do Nominees?

Example like kwsp, can do Nominees (in the event if we are not around, our nominee can claim shares in my CDS.)
ketnave
post Sep 29 2024, 10:51 PM

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QUOTE(chinkw1 @ Sep 29 2024, 10:42 PM)
Hi,

Our Maybank Trade & CDS Account, how to do Nominees?

Example like kwsp, can do Nominees (in the event if we are not around, our nominee can claim shares in my CDS.)
*
Can refer to here:
https://www.bursamalaysia.com/trade/our_pro...ceased-investor

Or you can contact your dealer representative and check with them.
nexona88
post Sep 29 2024, 11:22 PM

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No such Thing as nominees upon death...

Follow the usual route...

High court letter order, Land office order or amanah raya letter...

No KWSP style nominees

So basically, best to write wills stating who get what clearly... Including your shares holdings

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TSchinkw1
post Sep 30 2024, 09:27 AM

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Oic, unlike ASNB where we can also do 'pengisytiharan'?
coyouth
post Sep 30 2024, 09:53 AM

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QUOTE(ketnave @ Sep 29 2024, 10:51 PM)
Can refer to here:
https://www.bursamalaysia.com/trade/our_pro...ceased-investor

Or you can contact your dealer representative and check with them.
*
good info as most people don't know about this.
nexona88
post Sep 30 2024, 11:09 AM

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QUOTE(chinkw1 @ Sep 30 2024, 09:27 AM)
Oic, unlike ASNB where we can also do 'pengisytiharan'?
*
I think they bound to the financial act something

Just like our CASA... Don't have nominee stuff

KWSP is different... Got their own Act... And their distribution also different especially Muslim.... Got big headache there... Those listed are just administrator of the $$$... Not the one would get $$$

 

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