Malaysia legislation

Section 34

of *SECURITIES INDUSTRY (CENTRAL DEPOSITORIES) ACT 1991

Section 34

Record of depositors to be issued to issuer on request

(2)

The record of depositors required by an issuer under subsection (1) shall be issued by the central depository within the following period:

(a)

in a case where the issuer requires the issuance of a record of depositors—

(i)

as at the date of the notice, no later than three market days from that date;

Securities Industry (Central Depositories) 47

(ii)

as at a date later than the date of the notice (in this section referred to as ―the later date‖), no later than three market days after the later date;

(b)

in a case where the issuer requires the issuance of a record of depositors as at a date earlier than the date of such notice (not being a date earlier than one year), no later than one month after the date of the notice.

(3)

A record of depositors shall contain the names, addresses, the numbers of the identity cards issued under the National Registration

Act 1959 [Act 78], if any, race, nationality, and such other information and particulars of the depositors as may be required by the issuer, and in the case of the issuer being a company having a share capital, a statement as to the number of the deposited securities acquired by each depositor.

(4)

The record of depositors obtained by an issuer under this section shall be available for inspection by any member of the issuer

(including a depositor) without charge and by any other person, on payment of one ringgit or such lesser sum as the issuer may require, in respect of each inspection.

(5)

Any member of an issuer or any other person may require the issuer to furnish him with a copy of the record of depositors, or of any part thereof, but only so far as it relates to the names, addresses, and the number of securities held, on payment in advance of one ringgit, or such lesser sum as the issuer may require, in respect of every hundred words or fractional part thereof required to be copied.

(6)

The copy of the record of depositors, or any part thereof, required under subsection (5) shall be supplied to the person who required such copy within a period of twenty-one days or within such longer period as the Commission considers reasonable in the circumstances, commencing from the day after the date of receipt of the request by the issuer.

48 Laws of Malaysia ACT 453

A depositor to be treated as if he were a member

Section 34 — SECURITIES INDUSTRY (CENTRAL DEPOSITORIES) ACT 1991