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 Singapore REITS, S-REITS

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aronteh
post Nov 1 2012, 01:22 PM

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QUOTE(ruben7389 @ Oct 27 2012, 07:03 AM)
ok so correct me if im wrong pls, very new in this... as a malaysian i will then need to open a scb trading account and a savings account with them and that should do it so I can start trading?
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You will first need to open an eSaver account with your Passport and $$$.
Then SCB will send you your userid and pin via mailer.

When you received your userid and pin than proceed to login to your account.
You will then need to do an online applications for your trading account.
Once you trading account is approved, you can click the online trading button that will bring you the trading platform.

This post has been edited by aronteh: Nov 1 2012, 01:23 PM
aronteh
post Nov 2 2012, 02:48 AM

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Junior Member
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QUOTE(ruben7389 @ Nov 1 2012, 11:17 PM)
Ok great and thanks for the info

So all I need to do is go into Spore and open esavers account.  CDS account no need?
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You don't to open CDS account for Standard Chartered Bank Trading Platform as your shares will be deposit into a nominee account.
aronteh
post Nov 2 2012, 12:07 PM

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Junior Member
139 posts

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QUOTE(jjsia @ Nov 2 2012, 10:58 AM)
Nominee account? Is it possible to open a principal account? I don't think we can apply IPO for nominee account. Plz correct me if I am wrong. Thx
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For IPO you need to use other broker. SCB only use nominee account.
aronteh
post Feb 18 2014, 08:08 PM

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Junior Member
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QUOTE(wKkaY @ Feb 18 2014, 04:09 PM)
I just received a call from my broker and they said that I can be exempted from foreign witholding tax on AIMS dividend, and all I have to do is give my consent.

Is this normal?
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As a foreign individual, you just have to confirm your status with your broker to get the exemption.
aronteh
post Feb 19 2014, 12:34 PM

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QUOTE(wKkaY @ Feb 18 2014, 11:34 PM)
Oh! So the tax only applies to SG residents? I thought it was the other way around sweat.gif
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No. As long as the entity is not a company, there is no witholding tax. thumbup.gif
aronteh
post Jul 14 2014, 01:21 AM

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Junior Member
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QUOTE(ryan18 @ Jul 11 2014, 10:51 PM)
anyone know if a fee is charged by standard chartered when we receive dividend(since the account is a nominee account).
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No fee is charge. Full dividend is deposit into your account.

 

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