Frequently Asked Questions
Singapore Depository Receipts
How can I convert SDR to Thai NVDR?
To apply for cancellation of SDR, you will need to either:
(i) Submit a cancellation request by completing the “SDR Issuance and Cancellation Form” directly to the Depository,
To submit a cancellation request by completing the “SDR Issuance and Cancellation Form” directly to the Depository
(i) Deliver SDR to the Depository’s designated account with the CDP;
(ii) Complete and lodge the “SDR Issuance and Cancellation Form” to the Depository by following the instructions on the form;
(iii) Provide details of your nominated brokerage account into which the Underlying NVDRs can be delivered;
(iv) Pay the cancellation fee to the Depository in Singapore dollars; and
(v) Instruct your custodian to receive the Underlying NVDRs on your behalf.
(ii) Instruct your broker to submit the “SDR Issuance and Cancellation Form” to the Depository on your behalf.
To instruct your broker to submit the “SDR Issuance and Cancellation Form” to the Depository on your behalf,
(i) Deliver SDR to the Depository’s designated account with the CDP;
(ii) Complete and submit the “SDR Issuance and Cancellation Form” to the Depository on your behalf;
(iii) Provide the Depository with delivery instructions for the Underlying NVDRs to which your SDR relate; and
(iv) Pay the cancellation fee to the Depository.
You can obtain the “SDR Issuance and Cancellation Form” from the SDR website at https://www.singaporedr.com/forms/
The Depository shall endeavour to deliver the Underlying NVDR to you within 3 Business Days from receiving (i) a valid and completed cancellation request and (ii) the relevant number of SDR. Incomplete or inaccurate submissions may result in delays in processing your cancellation request.
Other faq that might help you
- What is an SDR?
- How Does SDR Work?
- What Overseas Markets And Instruments Are SDR Are Issued On?
- Who Can Invest In SDR?
- What Are The Benefits Of Investing In SDR?
- How Can I Buy And Sell SDR?
- How Are The Prices Of SDR Determined?
- Will I Own The Underlying Securities?
- How Can I Exchange My SDR For The Underlying Securities And Vice Versa?
- What Corporate Action Benefits Will I Be Entitled To?
- Where can I find corporate actions?
- What Are The Tax Implications Of Investing In SDR?
- How can I convert Thai NVDR to SDR?
- Can I invest in SDR with my CPF/SRS?
- Can I trade SDR on Thai holiday?
Did this answer your question?
