KUALA LUMPUR: Bursa Malaysia Bhd has launched a new feature on its Bursa Anywhere mobile application, enabling investors to participate in the dividend reinvestment plan (e-DRP) corporate exercise electronically.
In a statement, the stock exchange operator said the new e-DRP feature offers a one-stop solution for investors to participate in DRP corporate exercises.
This Bursa Anywhere service is available for individual CDS account holders. To use this service, investors need to register using the Bursa Anywhere app, which is available for download in the App Store and Google Play Store.
Other features of the Bursa Anywhere app includes transfer of shares among investor’s own CDS accounts, easy access to statements, marked-to-market portfolio value display, remote central depository system (CDS) account openings, e-Dividend subscriptions, reactivation of dormant and inactive CDS accounts, e-Right application and e-General Offer acceptance.
“Since its launch, Bursa Anywhere has garnered over 260,000 downloads. The new service is a continuation of Bursa Malaysia’s ongoing efforts to delight our customers, by enabling easy and convenient access to CDS accounts with various features and functions available”, market operations director Tay Yu Hui said in a statement.