Warrant Exercise Events (SRS and CPFIS)
Check and/or exercise your Warrants via DBS digibot which is convenient, seamless and available 24/7.
Important information
- This option is only for customers with warrants held with DBS under the CPF Investment Scheme (CPFIS) and/or Supplementary Retirement Scheme (SRS).
- Under the terms and conditions of the company, you have the option to exercise your warrants before the expiration date or the warrants will lapse and become void
- You will not be allowed to submit any instructions after the deadline.
- Your submitted instruction will be final and irrevocable.
Check and/or exercise your Warrants
Select the applicable links below:
FAQs for Warrant Exercise Events
How do I check where my warrants 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 warrant exercise event?
Warrant holders who have held/purchased warrants approximately one month before the expiration 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 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?
You will receive the notification SMS and letter from the bank within one month before the expiration 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 expect for a warrant exercise event?
In response to a warrant exercise event, warrants holders can do one of the following:
- Exercise your warrants into ordinary shares
- Choose not to exercise your warrants and let warrants lapse and become void
What are the channels* for checking and/or exercising my warrants?
- 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.
What happens if I am currently living overseas?
Warrant holders with registered addresses outside Singapore as at approximately one month before the expiration date will still receive a copy of the letter sent via ordinary mail. However, as warrants exercise events are time-sensitive, shareholders should use DBS digibot to check their eligibility and submit their instructions.
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.
For CPF non-approved warrants, 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.
For CPF non-approved warrants, please ensure you have an active CDP account number to credit the securities.
I have submitted my application; when will the cash and/security proceeds be credited?
The cash and/security proceeds will be credited to your respective accounts credited approximately 14 days* after submitting your instructions.
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.
I have misplaced my notification letter, how do I get a new copy?
DBS digibot will also retrieve your total number of warrants held as at balance capture date and guide you in submitting your exercise instructions.
I have already submitted my application; can I revoke the application?
No, any submitted instruction is irrevocable.
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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