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I am transferring my shares from another broker to Rakuten Trade. Do I need to do anything?

You will need to contact your current broker to request for a share transfer out to Rakuten Trade.

Below is the information which you would need for the transfer.

Type	Cash Upfront/ Contra	Margin
ADA Number	073-001	073-001
CDS Number	KENANGA NOMINEES (TEMPATAN) SDN BHD RAKUTEN TRADE SDN BHD FOR XXXXXXX (your name as per your ID)	KENANGA NOMINEES (TEMPATAN) SDN BHD PLEDGED SECURITIES ACCOUNT FOR XXXXXXX (your name as per your ID)
CDS Number	073-001-XXXXXXXXX (your CDS number is located at the top left corner of the trading platform, below the ‘Cash Upfront/ Contra’ tab)

Please note that the "trading account number" listed on the dashboard (not the tab) is your Rakuten Trade account number and not your CDS number

How do I request a transfer share out from my account?

You may request transfer of shares at “My portfolio”, “Share Transfer” and proceed accordingly.

A share transfer out will take up to 48 hours to process.

Are there any charges for the transfer of shares?

Yes, RM10.00 per stock charged by Bursa Malaysia Depository Sdn Bhd (formerly known as Malaysian Central Depository Sdn Bhd / MCD) regardless of quantity.

Who can I transfer my shares to?

Your shares can be transferred by your spouse (requires a marriage certificate), sibling (requires a birth certificate) or your parents (copy of birth certificate).

Can I transfer financed shares from other brokers to RakuMargin account?

No.

Can I perform a share transfer out from my RakuMargin account?

Yes, you may but only limited to paid shares. A RM10.00 transfer fee will be realized as the charged transaction and financed by Kenanga Investment Bank Berhad.

Share transfer out from RakuMargin account is subjected to manual approval of Kenanga Investment Bank Berhad and Rakuten Trade to ensure the margin ratio after the transfer does not go below than 180%.

The share transfer can only be done to the same beneficial owner, not immediate family member.

Can I perform an intra-account share transfer within Rakuten Trade?

Yes. You are only allowed to do inter-account share transfer to the same beneficiary owner / immediate family members.

Notes: The intra-account shares transfer will be done within 48 hours.

Could I raise shares transfer request in the event of corporate action related to CDS shares units adjustment?

Rakuten Trade and custodian party has the right to reject share transfer request in conjunction with related corporate action involving the CDS shares units adjustment. It is advisable to raise share transfer request on or after the entitlement date/lodgement date.