Rights Events (SRS and CPFIS)
Check and/or subscribe to your Rights via DBS digibot which is convenient, seamless and available 24/7.
Important information
- This option is only for customers with shares held with DBS under the CPF Investment Scheme (CPFIS) and/or Supplementary Retirement Scheme (SRS).
- For SRS, please ensure your SRS account has sufficient cash balance (subject to SRS contribution limit).
- For CPFIA, please ensure your account has sufficient stock limit and/or cash balance before submitting your instructions. For more details, see below.
- You will not be allowed to submit any instructions after the deadline.
- Your submitted instruction will be final and irrevocable.
Check and/or subscribe to your Rights
Select the applicable links below:
FAQs for Rights Events
How do I check where my shares are held?
Please check your holdings:
- via digibank.
- via your DBS CPF Investment Scheme and/or Supplementary Retirement Scheme (SRS) Account Statements.
How will I get notified when there is a rights issue?
Shareholders who have purchased shares before ex-rights date under the CPF Investment Scheme (CPFIS) and Supplementary Retirement Scheme (SRS) will receive a notification SMS and/or letter which will be mailed to the address registered with the bank. You may check the book close date and timetable of key events via the company’s circular/website or the SGX-ST’s website https://www.sgx.com.
When can I expect to receive the notification SMS and letter?
Shareholders will receive a notification SMS and letter from the bank within 3 business days after the book close date. You may check the timetable of key events via the company’s circular/website or the SGX-ST’s website https://www.sgx.com.
What can I do with my rights entitlement?
In response to a rights issue, shareholders can do one of the following:
- Exercise your rights by subscribing to a portion or all of the entitlement at the specified issue price
- Sell your rights on the open market (not applicable to non-renounceable rights)
- Choose not to take any action and let the provisional allotment of rights lapse and become void
What are the channels* for checking and/or subscribing to my Rights?
- Digital (DBS digibot)
- You may submit your instructions via our bank’s digibot above.
- Branch
- Complete the application form enclosed in the notification letter. The completed form must be submitted at a DBS/POSB branch. More details can be found in the letter.
How do I submit my instructions via the DBS digibot service?
- Simply click on the applicable links above and DBS digibot will launch at the bottom right of the public website.
- Follow the guided conversation to check and/or submit your instructions.
- Please ensure pop up blocker is disabled for authentication purpose.
I have purchased shares using the funds in my SRS account. Can I use cash to subscribe for rights issue?
You will have to use the same fund source to apply for rights. This means that if your shares were purchased with SRS funds , you can only subscribe to a rights issue via your SRS account.
What happens if I am currently living overseas?
Shareholders with registered addresses outside Singapore as at the book close date will still receive a notification SMS and letter sent via ordinary mail. However, as rights events are time-sensitive, you may use DBS digibot to retrieve your Rights entitlement as at book close date and to submit your Rights subscription.
What do I need to check for before submitting my instructions?
For SRS, please ensure your SRS account has sufficient cash balance (subject to SRS contribution limit).
Top up your SRS account via digibank/Branch.
For CPFIA, please ensure your account has sufficient stock limit and/or cash balance before submitting your instructions. This means that if your account has either zero or negative stock limit and/or balance of less than <$20k in your CPF Ordinary Account (OA), you will have to do a cash top up.
To check your stock limit, please login via digibank and view under My Accounts > View Transaction History > CPF Investment.
To check your OA balance, you can view your CPF statement by logging in to my cpf Online Services with your SingPass and selecting “My Statement”.
To top up* your CPFIA, please visit any DBS/POSB Branch.
*Note: cash top-ups to CPFIA are not withdrawable or refundable, even if your Excess Rights applications are unsuccessful or partially alloted.
For CPF non-approved rights, please ensure you have an active CDP account number to credit the securities.
Top up your SRS account via digibank/Branch.
For CPFIA, please ensure your account has sufficient stock limit and/or cash balance before submitting your instructions. This means that if your account has either zero or negative stock limit and/or balance of less than <$20k in your CPF Ordinary Account (OA), you will have to do a cash top up.
To check your stock limit, please login via digibank and view under My Accounts > View Transaction History > CPF Investment.
To check your OA balance, you can view your CPF statement by logging in to my cpf Online Services with your SingPass and selecting “My Statement”.
To top up* your CPFIA, please visit any DBS/POSB Branch.
*Note: cash top-ups to CPFIA are not withdrawable or refundable, even if your Excess Rights applications are unsuccessful or partially alloted.
For CPF non-approved rights, please ensure you have an active CDP account number to credit the securities.
Can I do the cash top up after submitting my instructions?
No, you have to ensure your account is sufficiently funded/do a cash top up before submitting your instructions, otherwise your application will be appropriated in accordance to your available stock limit/cash balance and/or rejected.
How many excess Rights can I apply for, if applicable?
There is no limit on the number of excess rights that you can apply as long as you have sufficient stock limits and/or cash balances in your respective accounts for deduction of the application monies.
How should I apply for excess Rights, if applicable?
Indicate your instructions to apply for excess right shares when submitting your instructions. Please ensure your account has sufficient stock limit and/or funds before submitting your instructions.
I have submitted my application; how can I check if I subscribed successfully to the rights issue?
The expected date for the crediting of the Rights securities subscribed to be credited into your account is approximately 3 business days from the listing of the new rights securities*.
You may view your holdings via digibank/monthly account statement.
*Please note that the timeline above is indicative only and is subjected to change. For updates and announcements, please refer to the respective company’s website and SGX-ST’s website https://www.sgx.com.
You may view your holdings via digibank/monthly account statement.
*Please note that the timeline above is indicative only and is subjected to change. For updates and announcements, please refer to the respective company’s website and SGX-ST’s website https://www.sgx.com.
When will the unsuccessful application monies be refunded?
The expected date for the refund monies to be credited into your account is approximately 3 business day from the listing of the new rights securities.
I have misplaced my notification letter, how do I get a new copy?
DBS digibot will also retrieve your Rights entitlement as at book close date and guide you in submitting your Rights subscription.
I have already submitted my application; can I revoke the application?
No, any submitted instruction is irrevocable.
What happens if I apply for more Rights than the rights entitlement allocated to me?
Your instruction will be processed based on your rights entitlement allocated to you.
Can I transfer my rights entitlement?
No, your rights entitlement is non-transferrable.
What happens if I submit multiple instructions?
Shareholders should avoid submitting instructions more than once as it will be counted as a duplicate application and might be rejected.
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