Yes, you can do online trading from Msia after your trading account has been successfully opened.

latest requirement as of 5 dec 16 is INCOME TAX number and proof of INCOME TAX....

Where did you get this info?

Wow,.. to make sure we are not tax-evaders ?? Or to furnish details to another gov't if asked for by that gov't,....

Things are getting tighter,.....

likely a consequence of SG banks tightening after recent money laundering convictions.

hi guys,

this is good actually because if we open our global trading account with local bank like mine with maybank2u..it is 15 minutes delay from real time in Singapore meaning we cannot get the real price as wanted in stock trading.

tq

hi guys,

is no problem with that, just provide them with a copy our Malaysian Income tax return, we are not tax evader at all and neither we are a millionaire. If we a millionaire we don't have to trade already, just sit down and invest in a capital guaranteed fund like unit trust.

it was a requirement when my bro went to open ac on 5 DEC 16.
The lady servicing us says.. its latest requirement form 5 DEC 16 onwards.

Just give a copy of TAX RETURN or whatever that can proof
the correct number.

'Singapore's Q4 economy grew by 9.1%'

Reported by Bloomberg this morning,....

link?

Singapore GDP surprises with 1.8% full-year growth in 2016
http://www.businesstimes.com.sg/government...-at-18-y-o-y-91

Pasal English izzit? er.. U studying in US right? not enough coffee too eh
"It grew a steady 9.1 per cent on an annualised basis from the previous quarter."

This post has been edited by wongmunkeong: Jan 3 2017, 09:52 AM

Just used short tweeting style, bro,...

Singapore Budget will be delivered on Monday, February 20th..

Manulife US REIT ! Buy with your USDs converted at the moneychangers in Mid-Valley !!!

http://investor.manulifeusreit.sg/newsroom...447JHXKUU.1.pdf

hand itchy.. since i free.. i top up MANULIFE US REIT!!!

I just got back from SG. They told me the charges are for all new and old customers.
http://www.dbs.com.sg/personal/deposits/fees.page
My vickers is submitted to approval. Have to wait 1 week to know whether approved or not.

Hi
Can i the know the reasons you opened up a singapore CDP account..the advantages perhaps..tq

Maybe some are.
In fact i think those in business are always finding ways, and of course those who songlap.

Millionaire in MYR is nothing to shout about nowadays.

This post has been edited by prophetjul: Jan 10 2017, 08:33 AM

yeah.. must be >=USD millionaire *2 (ex-home/cars/doodads, children's Uni costs), to be able to chill all in FD

eg.
MYR10,000 pm now to be comfortable, not live rich
double it - for long term inflation & gawd know GST what
*12 months
=MYR240,0000

Assuming 3%pa FD, to get MYR240,000 pa, need MYR240,000/3% = MYR8,000,000
see USD2M if at MYR4: USD1

Even in retirement, FD is not the way to generate the bulk of income. It is very inefficient. 3% does not eveb cover real inflation, only the gomen's worked figures.

There are many asset vehicles to be able to generate 5 to 7% quite easily.

This post has been edited by prophetjul: Jan 10 2017, 08:59 AM

way back in 2013 when open the account..
I was considering STD CHART & DBS.

and I choose DBS in favour of the Direct Account.



The other factor is... ESTATE PLANNING.

i hv no idea in case i SAYONARA for Nominee account how it works... but for DIRECT CDP.. its a clear cut thing.

Our will in Malaysia is recognize in Singapore being COMMONWEALTH country. You can email DBS BANK and SGX and they will give u a step by step way on the procedure.

Also, for NOMINEE account.... I have no idea who own the shares or the procedures.

However, being a FOREIGNER to Singapore.. after open the ac i realise.. cannot take part in any RIGHTS ISSUE, bonus etc..
coz we do not have a SINGAPORE MAILING ADDRESS. so, this is the Minus Point.

I am O.K with that so far... as the Rights issue will be automatically sold off.. hence if one is really interested
can just buy off market. But have to make sure timing is right.

eg KEPPLE DC REIT. I think it works out to the same.