Bursa Malaysia Berhad launches electronic CDS statements and notices

Source: Bursa Malaysia Berhad

Bursa Malaysia Berhad (Bursa Malaysia) today introduced a new service under its e-initiative programme, namely Bursa Malaysia Electronic Statement (eStatement) to its Central Depository System (CDS) account holders.

With the implementation of eStatement, CDS account holders will be able to request for CDS statements of accounts, notices and other communication from Bursa Malaysia to be delivered to their personalised email addresses instead of the current hard copies of these documents that are being delivered to them via ordinary mail.

Bursa Malaysia's Chief Executive Officer Dato' Tajuddin Atan said the eStatement service is one of several initiatives lined up by the Exchange, following the successful launch of the Electronic Dividend (eDividend), Electronic Share Application (ESA) and Electronic Rights Issue (eRights) services, to offer further convenience to investors and to reach out to a new market of technologically-inclined investors.

"The eStatement service ensures CDS account statements and notices are delivered efficiently, timely and safely. This also reduces the risk of missing mails and at the same time, ensures more privacy for CDS account holders and contribute to reduction in paper usage in the process," he added.

CDS account holders are encouraged to apply for this new service by visiting the eStatement Section of Bursa Malaysia's website at www.bursamalaysia.com and sign up for eStatement.

For more details on eStatement, a set of Frequently Asked Questions (FAQ) has been posted at the eStatement Section of Bursa Malaysia's website. CDS account holders are advised to post their queries, if any at this link, http://bursamalaysia.custhelp.com 

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