CDP Two New E-services

FROM 1 September 2020, the Central Depository (CDP) rolls out two new online services.

1. Submission of election instruction for scrip dividend election, dividend currency election and takeover acceptance events through the Singapore Exchange (SGX) investor portal.

2. Cash distributions to be credited directly into investors' designated bank accounts via the CDP's free direct crediting service (DCS).

Three other existing online services include...

- currency conversion service, 

- viewing of one's CDP portfolio on the SGX mobile application, and

-  using PayNow to submit and pay for rights subscription.


Oh great! I can use PayNow to submit and pay for rights subscription via CDP.

Source:

https://www.businesstimes.com.sg/companies-markets/cdp-offers-investors-two-new-e-services-from-sept-1

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