Frequently Asked Questions
Singapore Depository Receipts
What overseas markets and instruments are SDR issued on?
Currently, there are SDR issued on Non-Voting Depository Receipts (NVDR) on shares of a company listed on the Stock Exchange of Thailand (SET), and also SDRs on underlying securities of Hong Kong and Indonesian companies listed on the Stock Exchange of Hong Kong and the Indonesia Stock Exchange respectively.
An NVDR is an instrument issued by the Thai NVDR Co. Ltd (Thai NVDR), a subsidiary of the SET. to facilitate trading by reducing barriers of foreign ownership limits. Generally, NVDRs carry the same prices and benefits as its underlying shares but do not carry voting rights.
Other faq that might help you
- What is an SDR?
- How does SDR work?
- 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, Hong Kong and Indonesian shares to SDR?
- How can I convert SDR to Thai NVDR, Hong Kong and Indonesian shares
- Can I invest in SDR with my CPF/SRS?
- Can I trade SDR on Thai, Hong Kong and Indonesia holidays?
Did this answer your question?
