Cash Drawdown Financing

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Service Highlights

A financing facility for stock market investors to get cash or liquidity by pledging their quoted shares without selling or losing ownership of their shares.

 

Terms & Condition

Eligibility

  • Shareholders (Individual or Company) of Public Listed Company on BMSB
  • Individuals or Corporations that have quoted shares on BMSB in their CDS Account

Collateral/Security – Counter listed on BMSB and acceptable to the Company (SJC)

Margin of Finance – Max 50% of the Shares Value or May Vary according the Counter

Minimum Facility – RM10,000

Tenure – 3 months only and rollover every 3 months up to 1 year subject to approval

Repayment – Service of profit only without principal

Required Documents
  • Photocopy of NRIC / Passport / Armed Forces or Police Personnel Authority Card
  • Photocopy of Salary Slip (2 months) / Bank Statement (3 months) * or EA Form or Proof of Other Income
  • CDS Account Maintenance
  • Others Documents