You're right RM1.00 per RM1000 for STAMP DUTY

To be exact, for purchase of shares in Bursa Malaysia:

When you buy a shares say, 1000 shares at 1.10

your cost will be:

Rm 1,100 plus:

i) brokerage RM8.88 ( for Cimb click traders a/c, and 0.42% for itrade)
ii) Stamp duty of RM 1 for RM 1000 or part of ( if 1,000 up to 2000 it will be RM 2 ), so for this example Rm 1,100 will be charged RM 2, If the     purchase is bigger then the maximum Stamp Duty charged is RM200
iii) Clearing fees = 0.03% x 1,100 = RM 0.33

So your total cost = Rm 1,100 + 8.88 + 2 + 0.33 
                 
                           = RM 1,111.21 ( for Sell, just minus all these from the RM1,100)

Hope this helps 

Is Rm 1 for Rm 1000 as shown in the example

Didn't get you on the expensive issue, your cost of trading only Rm 8.88 + 2 + 0.33 = RM 11.21 for trade with itrade

If call remisier to buy it will be RM 40 for brokerage not RM 8.88, the rest of the fees are the same ie RM 2 + Rm 0.33

Hope you get it