Do I need to open a new account for share margin financing? Yes. You are required to open a new current account and CDS account with us.
Can I open an account for utilization by third party? No. The account can only be used for own utilization.
What is minimum financing amount? The minimum amount is RM50,000.
What are the acceptable collaterals? Cash / fixed deposits pledged to RHB Bank and acceptable quoted shares on Bursa Malaysia
How long does it take to approve an application? All applications approval will be granted within 4 working days or less if all the criteria are met.
Do I need to make monthly payments? There are no fixed repayments as long as your margin does not breach the approved margin limit. Our margin call ratio is 67%.
How do I know when my account has hit margin call and what should I do? Our Officer will give you a call and request you to regularize the account back to the approved margin of financing within 3 market days to avoid force selling. You can choose to deposit cash/cheque, pledged marginable shares or sell down the existing shares in your account.
Can I withdraw cash? Yes. Cash drawdown is up to 50% of Margin of Advance (MOA) subject to terms and conditions.
Does price capping applicable to all Bursa Malaysia counters? No, price capping is only applicable to selected counters in Bursa Malaysia.
Do I receive dividends or bonus issues for the shares pledged to RHB Bank? Yes. You are still entitled to receive dividends and bonus issues.
