Notice: Closure of Branches

There are 11 branches and 1 Electronic Access Facility (“EAF”) to be closed on a staggered basis. After this exercise, KIBB will have 20 branches (including KL Main) and 1 EAF.

Notwithstanding closure of these branches, KIBB will continue to maintain and further expand its business presence in these locations. The remisiers will remain physically in the locations to serve their clients using the mobility platform.

You will be notified of the automatic transfer of your account to a newly designated branch. Nevertheless, your trading account, share portfolio and trust monies will continue to be referred using the same account number to avoid any confusion or interruption.

Further details are as follows: –

1. Trading Account

   Your account will be transferred automatically to the newly designated branch. You do not need to go to the new branch, and no action by you will be necessary for this account transfer. You may contact the newly designated branch for any further enquiries.

2. CDS accounts
   • If your CDS account is registered with Principal Office (PO), there is no change to the CDS account number. CDS account registered with PO contains “073-001” as the prefix in your CDS account number e.g. 073-001-XXXXXXXXX
   • If your CDS account is registered with an affected ADA branch, your CDS account will be automatically transferred to PO with ADA code 001. No action by you will be necessary.
   • Prior to your CDS account being transferred to the PO, Bursa Malaysia will send the necessary notice to inform you of the change and the effective date.
   • Only if you are planning to apply for an IPO during this period, you need to make sure that you use the correct prefix to avoid any technical rejection.
3. Settlements

   Settlement services remain uninterrupted although the originating branch is closed. There is no change to banking accounts and you can continue to receive and make payment from your bank account from/to KIBB bank accounts.

No. There is no interruption to stock trading and provision of support services. You can continue to place trade orders through your respective remisier/dealer whom shall continue to serve you via electronic means and phone. You may also contact your newly designated branch for assistance, when required.

The outstanding/pending requests shall be attended to without interruption by the remisier and your newly designated branch.

If you have any question, please contact your Remisier/Dealer’s Representative, or your servicing branch. In addition, clients may also email KIBB via branchsupport@kenanga.com.my for any questions.