Bursa Malaysia seeks feedback on Proposed Amendments to Rules of Bursa Malaysia Depository

08 January 2025

1. To facilitate the making available of statements of accounts issued by the Depository to depositors (“CDS statements”) through the MyBURSA portal and to dispense with the despatch of hardcopy CDS statements to depositors by postal service except: 

• to specified depositors in the circumstances outlined in proposed new Rule 32.04(3)(b) of the Depository Rules; or 


• in the case of depositors who are not specified depositors, upon payment of a monthly fee of RM10 per month¹. 

2. To introduce a new requirement under the proposed Rule 17.12 of the Depository Rules for issuers to update the Depository with changes of the particulars or information previously provided to the Depository, which shall include the following: 

• the issuer’s name; 


• the issuer’s company registration number; 


• the issuer's contact details; 


• the name and contact details of its company registrar; 


• any resignation or change to its company registrar; 


• changes to the issuer’s issued securities; and 


• the appointment of or change of a judicial manager, receiver, manager, receiver and manager, special administrator, liquidator, or person of similar capacity, including the appointment of such person in an interim capacity. 

3. To impose a new requirement under the proposed Rule 30.01B(1) of the Depository Rules requiring an authorised depository agent, authorised direct member, depositor, issuer, user or any other person to whom the Depository Rules are directed to ensure all statements, information and documents provided to the Depository in relation to any matter under the Depository Rules: 

• are clear and accurate; 


• do not contain any material omission; and 


• are not false or misleading. 

• allow the Depository to rely solely on statements, information or documents provided to it by any of the persons referred to in the proposed Rule 38.01B(1) without further inquiry; and 
• absolve the Depository from liability to any party for any loss, damage, liability or cost that may be incurred by such party as a result of or in connection with any inaccuracy of the statements, information or documents provided.