eDividend

Excerpt from Bursa Malaysia website.

What is eDividend?

eDividend is a service which allows an issuer to electronically pay your cash dividend entitlements directly into your bank account instead of making payment via bank cheques.

One of the main objectives of implementing eDividend is to promote greater efficiency of the payment system which is aligned to the national agenda of migrating to electronic payment.

Process Flows

Registration of eDividend

eDividend Payment Flow

FAQs

Find out the What, Why, When and How of eDividend by downloading the FAQs

Registration

How do I register for eDividend?

1. To register, complete the relevant prescribed form which can be obtained from any stock broker’s office or downloaded from Bursa Malaysia’s website and submit the form and relevant supporting documents to the stock broker’s office where your CDS account is maintained.
2. If you are unable to be present at your stock broker’s office to submit the form and supporting documents, please ensure that your documents have been witnessed by an acceptable witness specified by Bursa Depository. An acceptable witness includes an Authorised Officer of a stock broker, a Dealer’s representative, a notary public, or an authorised officer of Malaysian Embassy/High Commission.
3. If your CDS account is held in the name of a nominee, the nominee will register for the eDividend.

What supporting documents are required?

Individual depositor

Corporate depositor

Original documents for verification. Copy of Identification documents i.e. NRIC, Passport, Authority Card or other acceptable identification documents Copy of your bank statement / bank saving book / details of your bank account obtained from your bank’s website that has been certified by your bank / copy of letter from your bank confirming your bank account details. (disclose part containing your bank account particulars only)

Certified true copy of Certificate of Incorporation / Certificate of Registration. Certified true copy of your bank statement / bank saving book / details of your bank account obtained from your bank’s website / any letter from bank confirming your bank account details (disclose part containing your bank account particulars only)

Download the eDividend Form