|Dear valued client,|
As announced by Bursa recently, 351 listed companies with market capitalisation ranging between RM200 million and RM2 billion as at Dec 31, 2017, are eligible for waiver of stamp duty effective from Mar 1, 2018. The three-year stamp duty waiver (until 28 Feb 2021) is aimed at boosting trade for small-and mid-cap companies and garnering greater participation from retail investors which have shied away from the local equity market.
Eligibility from 2019 onwards will be based on the market capitalisation of the companies as at Dec 31, 2018, respectively.
Please be reminded also that Exchange Traded Fund (ETF) and Structured Warrants are also exempted from stamp duty for 3 years effective 1 Jan 2018 to 31 Dec 2020.
The list of eligible listed companies can be found [www.hlebroking.com/v3/Files/UserGuide/user guide pdf/user guide(E)/mail_stock_list.pdf]here.