procedures for trading dtac shares on set and sgx purchasing dtac securities in singapore and...
Post on 24-Dec-2015
215 Views
Preview:
TRANSCRIPT
Procedures for trading DTAC shareson SET and SGX
Purchasing DTAC securities in Singapore and selling in Thailand
Investors who purchase DTAC shares in Singapore and wish to sell them on the Thai market can choose one of two methods:
1.Withdraw their securities from Central Depository (Pte.) Ltd., (CDP)[1] as securities certificates, then bring the physical certificate to deposit with a securities company in Thailand. The brokerage house will then deposit the certificates with TSD. This process will take about ten to thirteen business days.
[1] CDP is a securities depository center in Singapore; 4 Shenton Way #02-01 SGX Centre2, Singapore 068807 Tel.65-62368888 Fax.6565350775
2. Withdraw their securities from Central Depository (Pte.) Ltd., (CDP)[1] and ask Lim Associates (Pte.) Ltd. (LIM)[2] in Singapore to inform TSD that they wish to transfer securities to their securities account in Thailand. When contacting LIM, investors should specify:
a) Their investors’ member account number at a securities company in Thailand, and:
b) Their securities company’s depository participant number.
This process will take about eight to ten business days.
[1] CDP is a securities depository center in Singapore; 4 Shenton Way #02-01 SGX Centre2, Singapore 068807 Tel.65-62368888 Fax.6565350775
[2] LIM is a securities registrar in Singapore; 3 Church Street #08-01 Samsung Hub, Singapore 049483 Tel. 65-65365355 Fax. 65-65361360
Procedures for trading DTAC shareson SET and SGX
SGX-SET Share: Transfer Procedures
Option 1: Request for Share Certificate
SINGAPORE THAILAND
Central Depository (Pte)
Ltd. (CDP)
DTAC Holder
Thailand Securities Depository (TSD)
The Stock Exchange of Thailand (SET)
Broker
1
2
3
4
5 6
7
Approximately 11-13 business days
Share Withdrawal from CDP
Share Certificate Issuance & Delivery
Share Certificate Deposit through Broker
LIM Associates (pte) Ltd. as the registrar of DTAC in Singapore
Deposit document delivery to TSD Verify &
Confirm Depository
Request for Trading
Share Transfer Request
SGX-SET Share: Transfer Procedures
Option 2: Request for Share Transfer through Scripless
SINGAPORE THAILAND
Central Depository (Pte)
Ltd. (CDP)
DTAC Holder
Thailand Securities Depository (TSD)
The Stock Exchange of Thailand (SET)
Broker
1
2
34
5
6
Approximately 8-10 business days
Share Withdrawal from CDP
Request for Share Certificate Deposited through Broker
LIM Associates (pte) Ltd. as the registrar of DTAC in Singapore
Share Transfer Request
Share Credit to TSD System
Verify & Confirm Depository
Request for Trading
Purchasing DTAC securities in Thailand and selling in Singapore
Since CDP uses the scrip system, investors in
Thailand must withdraw their securities in the
form of a certificate from TSD’s scripless
system and deposit it with CDP to further trade
in Singapore. This process will take about
fourteen business days.
SET-SGX Share Transfer Procedures
THAILAND SINGAPORE
DTAC Holder
Thailand Securities Depository (TSD)
1
2
3
4
5 6
7
Approximately 14 business days
Share Withdrawal from TSD
Share certificate issue/delivery to broker
Share Certificate Deposit with CDP
Submit share withdrawal request
Share Transfer to CDP
Share certificate issue to holder & Deposit with CDP
Request for Trading
Broker
Central Depository (Pte) Ltd. (CDP)
SGX
LIM Associates (pte) Ltd. as the registrar of DTAC
top related