12 August 2022

Revision of Terms and Conditions for Margin (Share Margin/Portfolio Financing) and Non Margin (Share Trading) Products

Announcement

Dear Valued Customers,

Please be informed that we had recently revised the terms and conditions governing our Margin (Share Margin/ Portfolio Financing) and Non Margin (Share Trading) products to amend clauses relating to Alliance Investment Bank Berhad (“AIBB”) as the sale of AIBB stockbroking business to Philip Capital Sdn Bhd (formerly known as Philip Futures Sdn Bhd) has been completed on 30 July 2022. The revised terms and conditions shall have no effect on the existing commercial terms for the products accepted/signed by you and your rights and obligations for the said products shall remain unchanged.

The scope of the revisions are as set out below:

  1. Application For Opening of Margin Financing/ Non-Margin Account
  2. Supplemental Terms and Conditions for Alliance Foreign Share Trading
  3. Supplemental Terms and Conditions for Leading Entrepreneur Accelerator Platform (LEAP) Market
  4. Letter Of Offer – Margin Financing Facility

The summary of revision of the terms and conditions can be downloaded HERE

Thank you.