PWB :FAQ

FAQ Q&A

Frequently Asked Questions

Frequently Asked Questions

  • Account Opening
  • Global Trading
  • Islamic Stockbroking
  • KenTrade Online Trading
  • Mobile Trading
  • Payment and Deposit
  • Portfolio Management
  • Security
  • Settlement of Contracts
  • Technical Requirements
  • Updating of Existing KIBB Clients Information
  • Withdrawal of Funds via My Trust account

    • Account Opening

    New Account Application for Corporate

    Who is eligible to open a Corporate Trading Account with Kenanga Investment Bank Berhad “KIBB”?

    Any local or foreign companies who are registered according to relevant jurisdiction countries’ Companies Acts/Regulations.

    What are the documents required to open a KIBB Corporate Trading Account?
    • Kenanga Investment Bank Bhd - Customer Information Form
    • Kenanga Investment Bank Bhd - Equity Broking Account Opening (Products) Form
    • Bursa - CDS Account Opening Form (FMN070) in triplicate
    • W-8BEN-E Form (optional) – For trading in US markets
    • Extract of Board Resolution (2 Board Resolution; i.e. 1 for Trading & the other 1 for CDS account opening)
    • Authorised Signatory(ies) & Specimen Signatures
    • NRIC/Passport of all authorised signatory(ies) as stated in Trading Board Resolution
    • Bank Statement/Bank Confirmation Letter 
    • Form 8 or Form 9 (Section 17 or 15 or 14 - CA 2016)
      • - Certificate of Incorporation; or equivalent document evidencing the incorporation, or Notice of Registration of the company
    • Form 13 or Form 20 (Section 28 - CA 2016)
      • - Certificate on Change of Company name; or equivalent document evidencing the change of name (if any)
    • Form 24 (Section 78 or 68 or 51 - CA 2016)
      • - Return of Allotment of Shares or Latest “Annual Return”
    • Form 44 (Section 46 or 14 - CA 2016) 
      • - Notice of Situation of Registered Office or Notification for change in the registered address
    • Form 49 (Section 58 or 14 - CA 2016)  
      • - Return giving particulars in Register of Directors, Managers and Secretaries of Notification of change in the Register of Director, Managers and Secretaries
    • Annual Report or Audited Financial Statement (latest)
    • Memorandum & Articles of Association (M&A) or Constitution
    • RM10 CDS account opening fee

    Click here for Corporate account forms

     

    Note:
    All supporting documents must be the latest and; either original, or original certified true copy by company director and/or Company secretary.
    The party certifying true copy of the copies of NRIC/Passport cannot be the NRIC/Passport holder himself/herself. 

     

    Can we open a KIBB Corporate Trading Account via online?

    Our online account opening service is for new individual trading account only. Please contact your Dealer’s Representative (DR) to open a corporate account. 

    Alternatively, you may visit any of our branches to open an account or contact KenTrade Support at toll free 1800-88-2274 (Monday-Friday, 8.30a.m. to 5.30p.m.) for further assistance.

    How do we submit our account opening forms & documents?

    You may submit to your DR or the Head of Dealing at our Head Office in Kenanga Tower.

    Will we be notified when our account is opened?

    Yes, you will be notified via a letter of confirmation once the account is successfully opened together with the assigned account number from Kenanga Investment Bank Berhad to your registered mailing address.