Trading in HK market may be done through the Internet
with POEMS or by calling your Trading Representative
(e.g. Dealer / Remisier) during
Singapore
office hours. The following rates are applicable to both
buy and sell transactions.
Commission Table
0.3%, minimum HK$170
Plus HK contract stamp of 0.1% (Round up to the nearest dollar) & CCASS fee of 0.01% (Minimum HK$3.00) & HK Levy fee of 0.004% & trading fee of 0.005% & GST on local brokerage fee
Click HEREto download a free copy of the
Brokerage Charges Brochure.
How much are the dividend charges?
Dividend
Payment
Dividend
Charges
Dividend
charges are
applicable on
the net dividend.
<S$100
S$1.07 (inclusive of GST)
>S$100
1%
of Net Dividend, max. S$53.50
(inclusive of GST)
GST is on dividend charges and is applicable for Singaporean and Singapore PR.
Note:
Dividends are subject to counterparty charges and
taxation by the foreign source. These rates may vary
depending on conditions set by the counterparty and
country concerned.
What are the custody charges like?
A S$2.14 (inclusive of GST) monthly custody charge will be levied per counter based on your foreign shareholdings in your account at the end of every month. The charges are capped at $160.50 (inclusive of
GST) per quarter for each account in which you hold foreign shares.
The charges will take effect from 1 July 2003. A quarterly invoice starting October 2003 will be sent out to inform you of the custody charges due.
How
much are the corporate action charges?
Types
of services
Fees
and charges
Cash
Offer, Rights Issue, Privatisation Exercise,
Merger & Exchange, Cash In Lieu,
Liquidation, Redemption of Warrant, Loan Stock
or Bonds, Capital Distribution, Tender Sales,
Warrant Conversion
S$10.70 (inclusive of GST) + Foreign broker fees if applicable.
What happens if I hold foreign shares in two separate accounts?
The custody charges will be levied on a per account basis. If you hold foreign shares in two separate accounts, you will be billed according to the shareholdings in each account.
Is there any exemption from the monthly custody charges?
We will automatically waive the monthly charges if you have at least two trades in your account for the month, regardless of trade size and whether you trade local or foreign shares in that account.
Can I consolidate all my foreign share holdings in one account?
Yes. Account holders may submit written instruction to our Operations department.
Share Transfer
How do I pay for the custody charges?
If you have a margin or custodian account with the Phillip Group, we will arrange to debit your account accordingly. Otherwise, you may settle the invoice by cheque or through your bank's electronic payment services. Where applicable, any outstanding charges will be deducted from any payment due to you.
Will there be any charges for shares transferred into Phillip?
There are no charges for transferring shares to Phillip. However, it is important that you check with the delivery securities firm as to whether there are any charges for transferring your shares out.
Will there by any charges incurred for outgoing shares transfer?
Yes, there will be a handling fee of S$21.40 + HK200 + 0.01% market value (inclusive of GST) per counter. ** With effect from 1st Jan 2009, the
handling fees will be amended to S$53.50
(+ Foreign broker fees if any)
Are there any charges for physical scripts deposit?
The charges comprise of:
Handling
Fee
S$ 10.70 (inclusive of GST)
Courier Fee
S$ 21.00 for 20 Certificates and below S$ 1.05 per Scrip for above 20 Certificates
Scrip
Charges
S$
1.00 per Transfer Form (Each Transfer Form can contain up to 5 scrips)
** There are other miscellaneous fees for physical scrips deposit. For more
details, please send in your enquiry to
operations@phillip.com.sg
How can I make payment for outgoing shares transfer (physical scrips deposit)?
You can pay by any of the following payment methods:
Cash
Cheque, made payable to "PHILLIP SECURITIES PTE LTD"
EPS (Clients has to notify Trading Representative)
Debit from client's trading account if there are sufficient funds in their Phillip Financial, Cash Management or Investment account, but client must indicate their instruction at Remarks column.
Note: We will not effect transfer before receiving payment from client.
