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.