A CDS account can be opened by:
a. An individual who has reached the age of eighteen (18) years as of the application date;
b. A corporation within the context of Section 3 of the Companies Act 2016, including limited liability partnerships within the meaning of Section 2 of the Limited Liability Partnerships Act 2012;
c. Any corporate body that is incorporated within Malaysia and is by notice published in the Gazette, declared as a public authority or an instrumentality or agency of the Government of Malaysia or of any Malaysian State;
d. A society under any written law relating to co-operative societies;
e. A trustee or trust corporation duly constituted under any written law;
f. Any society registered under the Societies Act 1966; or
g. Statutory bodies incorporated under an Act of Parliament.
In general, a CDS account can be opened only if the applicant is opening the account either as a beneficial owner or as an authorised nominee*.
*Authorised nominee means a person who is authorised to act as a nominee as specified in accordance with the schedule prescribed under part VIII of the Rules of Bursa Malaysia Depository Sdn. Bhd.
Individual investors may open a CDS account by:
1. Applying through your preferred ADA (Authorised Depository Agent, also known as "Broker"). You may find the list of Bursa Malaysia ADAs here: https://www.bursamalaysia.com/trade/trading_resources/brokers_for_equities/list_of_participating_organisations
2. Applying through our Bursa Anywhere mobile app. Please note that you will also need to open a Trading Account with an ADA ("Broker) along with your CDS account.