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CGT implementation is definitely going to spook the market and hit banks like RHB hard due to reduced trading volumes. Once the liquidity dries up, investors will just shift their capital elsewhere to avoid the extra tax burden.
Confirm that capital gains tax go scare off everyone and make volume drop like rock for RHB. Investors sure will pack bag and run to other markets to save their margin.
Capital gains tax confirm sure make everyone lose heart and send trading volume crashing down for RHB. Investors definitely going to siam to other markets once they see their margin getting whack by the new rule.