Yes. The Executor, Administrator or beneficiary of the deceased depositor may request to suspend the CDS account of a deceased depositor by providing the following documents to the ADA/stockbroking company:
a. A duly executed Suspension/Release of Suspension of Securities Request form. This form is available at the Bursa Malaysia’s website here.
b. A certified true copy of the deceased depositor’s death certificate;
c. A certified true copy of the Executor, Administrator or beneficiary’s NRIC/Passport; and
d. A certified true copy of Grant of Probate, Letter of Administration, Distribution Order (Borang E - Surat Kuasa from Bahagian Pesaka Kecil) or Direction Letter (Surat Arahan) from Amanah Raya Berhad.
The Suspension/Release of Suspension of Securities Request form must be executed before a Notary Public, Advocate & Solicitor or any of the authorised officer(s) of the ADA/stockbroking company in Malaysia. The above-mentioned documents must also be certified to be a true copy by the same witness who witnesses the execution of the Suspension/Release of Suspension of Securities Request form.