Terms Definition

Specified/ Potential U.S. Person.

The term U.S. person means a person described in section 7701(a)(30) of the Internal Revenue Code: (A) A citizen or resident of the U.S.

Are you a tax resident of Malaysia?

Determination of Malaysian Tax Residence Status Resident Individual is defined as an individual resident in Malaysia for the basis year for a Year of Assessment (YA) as determined under Section 7 and subsection 7(1B) of the Income Tax Act, 1967 (“the Act”). If an individual resides in Malaysia permanently, the question of determining his residence status would not arise. However, citizens of Malaysia are not automatically tax residents. The rules governing the determination of residence status will still apply. An individual is considered to be physically present in Malaysia for a whole day although he is present in Malaysia for part(s) of a day. There are also other circumstances to determine tax residence status as provided under Section 7 of the Act.

Do you have tax residency outside Malaysia?

For more information please refer to http://www.oecd.org/tax/automatic-exchange/crs-implementation-and-assistance/tax-residency/

Product Info

Collateralised Securities Trading

A share trading giving up to two (2) times value of your shares in your account.

Derivatives

A Futures Trading to trade in FCPO, FKLI & FGLD.

E-Direct (Cash Upfront)

An online trading account specifically designed for individual clients who wish to trade in shares purely on cash upfront basis to enjoy a special low brokerage fee.

Islamic Collateralised Securities Trading

A share Trading Account that can only trade in Shariah-Compliant counters, giving up to two (2) times value of your shares in your account.

Islamic E-Direct (Cash Upfront)

An online trading account specifically designed for individual clients who wish to trade in Shariah-Compliant counters/shares purely on cash upfront basis to enjoy a special low brokerage fee.

Services Info

Discretionary financing ("DF")

Allows the client to effect settlement of clients outstanding purchase up to seventh (7th) market days.

Custodian Services by Custodian

A share trading with custodian services (Tempatan/Asing) provided by Amsec Nominees.

Foreign Investing Services ("FIS")

A share trading to trade in foreign shares.

LEAP Market

For Sophisticated Investor only (High Net worth Individual/Entity).

  • Individual : Annual Income > RM300K or asset net worth > RM3mil
  • Entity : Corporation with total net assets exceeding ten million ringgit