Reduction of stamp duty rates for shares traded on Bursa Malaysia

As part of the Government’s effort to widen the affordable investment choices for the public and deepen investors’ interest in the domestic capital market to boost the Malaysian capital market, the Prime Minister of Malaysia has recently announced the reduction of the stamp duty rate for shares traded on Bursa Malaysia from the current rate of 0.15 % to 0.10 % of the contract value, subject to a maximum cap of RM1,000 per contract, with effect from July 2023.