I experience this as well when I first started using OSK. Normally the brokers will ask you to pick up meaning to actually pay for the share. Because if you intend to sell it before T + 3, they won't pick it up and they will ask you for a sell price to be queued. If you intend to pick it up or buy it and hold it beyond T  + 3, you can tell them upfront to pick it up when the transaction is done. This means they won't ask you about it before T + 3 as they know you already intent to pick it up and will settle the amount using your trust account or whatever ways you use to pay them.

It will be credited according to what you choose. I believe under the application form, you can choose either to bank into your bank account or your trust account or issued a cheque.

Normally I ask them to automatically put back into my trust account so I can use it again. Just tell your broker how you want it done. For online trades, I'm not entirely sure how they will handle it. Best you call their help line for that.

thanks for the advice, i've already miss the boat for the AA shares bcoz of this.. why need a guarentor ?can anybody explain??

1. If your CDS is active aka you have transaction, then Bursa will send you the CDS statement from month to month. If not, they won't and will only send about 6 months time or so if account is inactive (even though got shares inside)

Yours one is nominee account or direct account with CDS?

Nominee account won't receive any statement from Bursa because you are not dealing with Bursa or having a CDS account with them.

Mind to tell what investment bank or broker you use? Then can know already.

Then do you open a CDS account at that time?

I think that's equal to paid up share capital.

ram-wa

LCL fly to moon, 90 degree movement!

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Added on May 6, 2009, 9:39 amRAMUNIA action is not yet?

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Added on May 6, 2009, 9:56 amwat? been almost 1 hr but nobody posting?

THanks for your reply!

So in that case, am I right to say that if there is a fall, it's because ppl start selling at a lower and lower price?

OSK online trading services need to pay monthly? 

hai everyone
just want ask again about how system macthed the sell stock

example;

1000 unit kencana at 1.70 5/5/2009 (already pay)
1000 unit kencana at 1.75 6/5/2009 (already pay)
sell kencana 1000 unit at 1.82 on 15/5/2009. which date the system will macthed the 1.70 5/5/2009 or 1.75 6/5/2009.