Should I go for let's say, PB Sharelink or the likes,

Will there be tax exemption for Nominee a/c as the dividen will be bank in directly into the account?

Thanks in advanced.

Thanks! I'm new to this. But since we are the nominee and not holding the real shares, the tax rebate will be under whoever that is holding the shares. In this case, the bank. So the bank gets the tax rebate and the balance is banked into our account.

Correct me if I'm wrong.

Dividend Voucher

Dividen on 10,000 shares : RM10,000.00
Less: Malaysian Tax at 25% : RM2,500.00
Net Dividend due to you : RM7,500.00


My question is,

For Direct a/c, one can make claim for the tax.

What about for Nominee a/c? Since the shares are under the organisation name, the tax deduction will benefit organisation. We the nominee, will get the balance RM7,500. Can we still file the RM2,500 tax for the HK3 tax form?

I hope my question is not too confusing.

Thanks for the reply. That means, for long term investor, it's better to get a direct a/c.

What determines the market price? Say for example in an ideal scenario

All Seller wants to sell at 1.20 . All Buyer wants to buy at 0.80 . Nobody is willing to budge from their price. What/who will determine the price of the share then?

Since there is no match. Then in my opinion, the price should just stick to where it is, since nobody is buying or selling cos no match. Am I right to say that?

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?

Thanks for your reply.

That's the case, what makes the price in the stock market goes up or down if both buyer and seller are adamant on their respective price?

ic... appreciate your help.


Let's say I want to buy 1000 lots.
But there's only small time seller like 20 seller selling only 3 lot = total 60 lots (20*3)
Plus there will also be buyer, maybe 10 buyer buying at various lots.
End of day I still could not get 1000 lots.
Will I get 60 lots or none? and how long will my buy/sell queue be in the system?

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Added on May 11, 2009, 12:55 pmIn that case, if someone wants to 'manipulate' the price, he/she can sell at a lower price, maybe just 100 shares to bring the price down?

Repeat the steps at a lower price than the previous. Keep doing it (selling small amount 100 shares at lower price) until the price falls down???

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Added on May 11, 2009, 12:57 pmbtw, i hope it's not illegal to ask this question.

This post has been edited by orangutan: May 11 2009, 12:57 PM

ic... thanks for the reply.

I was in Science stream... accounting makes my head

HSBC Bank Malaysia Berhad

How come there is no stock code for it?

ooo... i thought that if Berhad means it have to be listed in KLSE.

Thanks!