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 Singapore Stocks

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jasontoh
post Jul 4 2012, 08:57 PM

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QUOTE(wongmunkeong @ Jul 4 2012, 04:29 PM)
Got this when i started several months back (Feb/Mar 2012).
Look at the "Foreign Currency" columns for each country for multi-currency a/c
Look at the "RM" columns for each country if not opting for multi-currency a/c
Note: I'm just a customer/user - not attached to HLeB. Please call to get the latest data yar  notworthy.gif (just in case of changes)
[attachmentid=2929339]
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Are you charged in Singapore as well as in Malaysia?
jasontoh
post Jul 4 2012, 10:30 PM

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QUOTE(wongmunkeong @ Jul 4 2012, 09:01 PM)
Huh? er.. my costs are just those as stated.
All there - specifically item (3) in the list?
English neh, not nihong-go wor  sweat.gif
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For example, you buy Singapore stocks, do you get charged in Singapore brokerage as well? Like I know people trading foreign stocks, they will be charged both side....Malaysia and Singapore.
jasontoh
post Jul 4 2012, 11:14 PM

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QUOTE(cwhong @ Jul 4 2012, 11:02 PM)
yes, charge at two side ......
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Thanks. So I better open a trading account in Spore in order to avoid that.
jasontoh
post Jul 5 2012, 08:30 AM

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QUOTE(wongmunkeong @ Jul 5 2012, 08:21 AM)
anoneh bro,
The list i attached already have that costed in - thus i found your Q very weird when it's ALREADY stated in the uploaded scanned list.  rclxub.gif
Sorry ar - blur on why such Q when already answered/listed http://forum.lowyat.net/topic/1186899/+1639  notworthy.gif
U did click on the JPEG to make it pop-up bigger.... right? See row (3.) in it? "3. Transaction Charges by Foreign Broker"?


Added on July 5, 2012, 8:26 am
Well, to it's a good idea for cost purposes but, IMHO, as a holistic planning including estate planning (ie. die then how ar the a/c and $?), easier control and passing on to beneficiaries if brokerage in MY, since my Will is drawn in MY and executed in MY. I don't intend to have Wills in every country i invest in hehe - not THAT rich.
Perhaps not many people look that far, it's just "my personal reality"  sweat.gif
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Anyway the Q was already answered by cwhong. The reason I'm asking as I also saw (1) as well as (3). So it's like double charged not to mention that you are charged at "worse" currency exchange. Since I've already have a savings account in Singapore, might as well utilized that for investment purposes as well.
jasontoh
post Jul 11 2012, 10:30 AM

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QUOTE(oblimey @ Jul 10 2012, 10:40 PM)
didnt they say they were linking up sgx with bursa?  didnt they say it was to be ready in june? 

they mentioned in their announcement that with the link-up you need to pay only 1 side.
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Thanks for the info. But I believe it is not ready, thus, majority of the people are paying both ways. Anyway, I can just go down south to open the account and trade here, not a major issue to me.
jasontoh
post Jul 18 2012, 09:48 PM

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QUOTE(activez @ Jul 18 2012, 04:40 PM)
I am also keen on doing this. Opening Singapore savings account to invest in Singapore shares.

However my remisier is advising me against opening Singapore CDS account. He mentioned that I may miss out on 'corporate actions'.

May I know what are the pros and cons of trading Singapore shares via Malaysia and directly in Singapore? What are the requirements needed to open Singapore CDS account?

Thanks! notworthy.gif
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Your remisier is Malaysian broker right? Sure he advice against doing so. To me, I feel better as we do not lose in foreign exchange a lot and we are not charged both side.
jasontoh
post Jul 25 2012, 03:01 PM

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QUOTE(cwhong @ Jul 19 2012, 11:00 AM)
lose in foreign exchange unless u earn in SGD only however if buy using RM still lose exchange rates mah ....... but agree on charged from both side .....  nod.gif
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If I'm not wrong the foreign exchange change is better outside than brokerage. Anyway, I do have agreement to get a fixed rate of the SGD and I previously do have income in SGD.

 

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