Q1. If I wish to appoint CGSI to safe-keep my Singapore-listed shares, do I need to open a nominee account with CGSI and what are the charges?
To appoint CGSI as a nominee to custodise your SGX-listed securities, you need to open a CDP Sub-Account with CGSI.
Click here to download the form
Click here to download the Fee Schedule.
Q2. If I have foreign shares held with other broking houses, how do I arrange to transfer them to CGSI and are there any transfer fees involved?
To arrange for transfer, you can obtain a copy of our foreign custodian details from our Custody Department at 6210 8767 or email to
clientservices.sg@cgsi.com. You need to fax us a copy of the transfer instructions that you have given to your other broking house. Please fax to 6210 8757.
The originating broking house will impose the transfer fee.
Q3. If I am holding physical share certificates, how do I get them converted to scripless shares?
For conversion of physical Singapore shares, you need to submit the share certificates together with Form 5.1 and a fee of SGD10* (not inclusive of CDP charges). For Bursa Malaysia shares, no conversion of physical share certificates is permissible. You will have to submit them to the Ministry of Finance (Malaysia) to make a claim of your shares. For other foreign shares, you need to submit the physical share certificate and sign the relevant forms to CGSI.
*Subject to prevailing GST rate.
Q4. How are dividends paid on my foreign shares held in my account with CGSI?
Dividends will be paid to you in SGD via the following:
Please refer to the Fee Schedule for more information
| Mode |
Handling Fee |
| For Direct Crediting to other Banks including CIMB Bank |
S$5 |
| For Direct Crediting to Trust Account/Multi-Currency Trust/Margin Account |
S$3 |
Q5. How can I request for dividends to be paid into my SGD bank account?
You can apply for Dividends Direct Crediting Service for shares held in your custodian account and have your dividends credited into your designated bank account. Simply print and complete the
Dividends Direct Crediting Service Application Form and send it back to us.
Q6. Can I request that my dividends remain in foreign currency?
Yes you may. Please contact your Trading Representative to give him/her your instructions.
Q7. What will happen to rights and bonus entitlement on my foreign shares held with CGSI?
You will be notified of any rights entitlement in writing. Should you wish to subscribe to the rights issue, please provide us with your instructions and payment. For bonus issues, your entitlements will automatically be credited to your account.
Q9. How often will I be billed for CDP Sub-Account?
You will be billed quarterly (end March, June, September and December)
Q10. Are there any charges to transfer my foreign shares to another local broking house?
Yes, a
Handling Fee of SGD50 (subject to GST) per counter and
Agent Fee (if applicable) will be charged
