DRP is now available for those using TIIH, starting today. For those who want to take advantage of the DRP discount (4.69 sen less than theoretical ex-price), keep in mind that it only makes mathematical sense if you have more than 10000 shares in CMMT (entitles you to about 336 shares). That is due to the RM10 stamp duty & RM5 handling fee (assuming you use TIIH online to process, as it may actually cost more for courier fee of physical document).
If you have less than 10000 shares, it will probably make financial sense to take the cash instead.
can anyone here explain on the withholding tax? Thank you. i expect to receive the gross income distribution in full which is the 1.99sen. however, it seems like a withholding tax needs to be deducted from this and what we get is the net income distribution.
if you are using cds account.Thr form will be sent to the email linked to ur cds account. Else it will send the form to you by post. Just fill in the form, buy the RM10 stamp hasil and post the form back to the registra
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Posted by fortunefire > 2021-02-03 11:48 | Report Abuse
dpu 1.99 ain't bad