Author: liehyen

Volunteering

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12 June 2018

There are many types of voluntary work.  Which are the ones that are suitable for us?

It is better to contribute more valuable skills because that would create more value for the time spent.

 

Updated on 27 June 2018

Property Developing Business

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In property developing business, substantial cash flow is invested in asset that has subsequent appreciation potential.

As such, owner earnings do not provide an accurate picture of the business strength. Tangible asset has to be taken into account for such business.

It is not easy to assess earnings as property appreciation has to be taken into account.

 

Updated on 31 May 2018

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Genting HK Shares

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Genting HK shares were delisted from SGX on 17 April 2018.

Shareholders have to deposit their shares with a broking house to continue trading their shares on HKEx.

The share deposit process takes 6 weeks and involves the signing of three forms:

  • Security deposit request
  • Standard form of transfer (2 copies)
  • Specimen signature form

A deposit fee of SGD$53.50 is payable to the broking house.

 

Updated on 18 May 2018

Central Depository Account

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Central Depository Account Statement

Central Depository (CDP) account statement is mailed to depositors monthly if there are transactions in the account.

The account statement is mailed on a six-monthly basis if there are no transactions in the past six months.

 

Central Depository Security Code

Central Depository (CDP) security code differs from SGX stock symbol.  The security code for Sembcorp Marine is 1H97 whereas the stock symbol is S51

 

Updated on 4 June 2018

 

CPF Investment Scheme Stocks

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List of shares included under the CPF Investment Scheme (CPFIS) can be viewed the following link:

http://www.sgx.com/wps/portal/sgxweb/home/company_disclosure/stock_indiceslist

These shares are indicated by a “Y” under the CPFIS column.

SRS funds can be used for stocks listed on SGX.

Unlike SRS funds, CPF funds can only be used for selected stocks.

Note:

  • Amendment of cash trade to CPF can only be done on the trade date.
  • Sale of CPF shares cannot be done on the purchase date.  It has to be done at least one day later.

Updated on 20 June 2018