Frequently Asked Questions
Singapore Depository Receipts
How can I convert Thai NVDR to SDR?
To apply for SDR to be issued to you, you will need to:
(i) Submit an issuance request by completing the form “SDR Issuance and Cancellation Form” directly to the Depository; or
(ii) Instruct your broker to submit the “SDR Issuance and Cancellation Form” to the Depository on your behalf.
You can obtain the “SDR Issuance and Cancellation Form” from the SDR website at https://www.singaporedr.com/forms/
You need to have a CDP securities account held either directly with the CDP or a Depository Agent with the CDP for SDR to be issued to you.
Submit an issuance request by completing the “SDR Issuance and Cancellation Form” directly to Depository
(i) Instruct your custodian to deliver the relevant Underlying NDVR to the Depository for issuance of new SDR to you
(ii) Complete and lodge the “SDR Issuance and Cancellation Form” with the Depository by following the instructions on the “SDR Issuance and Cancellation Form”; and
(iii) Pay the issuance fees to the Depository.
Instruct your broker to submit the “SDR Issuance and Cancellation Form” to the Depository on your behalf
(i) Deliver the relevant Underlying NDVR to the Depository for issuance of new SDR to you;
(ii) Complete and submit the “SDR Issuance and Cancellation Form” to the Depository on your behalf; and
(iii) Pay the issuance fees to the Depository.
The Depository shall endeavour to issue the SDR to you within 3 Business Days from the date of receiving (i) a valid and completed issuance request and (ii) the underlying NVDRs. Incomplete or inaccurate submissions may result in delays in processing your issuance 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 SDR to Thai NVDR?
- Can I invest in SDR with my CPF/SRS?
- Can I trade SDR on Thai holiday?
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