Investing Experience Intermediate
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2012-03-17 12:44 | Report Abuse
I opened iTrade@cimb lately and wanted to trade a stock worth RM11,400 yesterday but was shocked to find out from the trading platform that the net transaction costs is closed to RM94.62. No breakdown was given. I worked out myself that excluding the RM3.42 clearing fee and RM11.40 stamp duty, the brokerage fee would be RM79.80 or 0.7% and not 0.42% as above or communicated earlier. Can anyone explain why?
2012-03-19 14:14 | Report Abuse
Go for Uchitech. Save for 2009-2010 had been paying dividend yield 9-11% yearly.