Share Transfer
Transfer share to next generation
Eligibility
- Open to all KOJADI members.
- Member shall not be a person whom a conviction stands for a registrable offence, or be mentally disabled, or an undischarged bankrupt person.
Submit your form to us by post or by hand:
Koperasi Jayadiri Malaysia Berhad (KOJADI)
11th Floor, Wisma MCA,
163 Jalan Ampang,
50450 Kuala Lumpur.
Contact us:
- The transferor and transferee shall sign a Share Transfer Form (R036) and refer to KOJADI for processing fee/stamp duty (payable by Cheque/Bank Draft). Stamping fee may vary depending on share amount transferred.
- The share transferor shall return the original Share Certificate(s). If the relevant certificate(s) is/are not available, the transferor shall sign a Letter of Indemnity (R043) and return with a RM10.00 for stamp duty.
- If the transferee is a non-member, the transferee shall complete the Membership Application Form (R023) and subscribe RM10.00 for entrance fees. (Please attached photocopy of your IC)
Forms
Please click on the relevant forms for reference.
Frequently Asked Questions
A share transfer is the process of transferring ownership of shares from one party to another. This can occur for various reasons, including transmission among family members, securing education loans, or in the case of a deceased transfer, among others.
The transferee can be a member’s immediate family, an existing KOJADI member, or any individual whom KOJADI deems to be acceptable.
i) An existing member may transfer shares to one (1) person while maintaining membership with a minimum share of RM500.
ii) An existing member can transfer all shares to a maximum of two (2) persons, provided that each transferee receives a minimum share of RM500.
RM500 in principal shares, which includes both initial and additional shares.
There is no ceiling on the amount of shares that can be transferred, subject to compliance to the conditions in question 3 and 4.
Yes, both the transferor and transferee must sign a Share Transfer Form (R036) and refer to KOJADI for processing fee and stamp duty, which should be paid by cheque or bank draft. The stamping fee may vary depending on share amount transferred.
Yes, 1 to 2 witnesses are required. Witnesses must be at least 21 years old. Please note that the spouses of both the transferor and transferee cannot serve as witnesses.