Comments on: DBS Rights Issue Offer Document

By: lioninvestor

lioninvestor — Thu, 05 Feb 2009 07:53:29 +0000

Hi Joelle,

Assuming you paid $5.42 (per share) to convert your rights entitlement to DBS shares, that should be sufficient. You should receive a statement from CDP telling you how much DBS shares were credited to your account.

By: Joelle

Joelle — Wed, 04 Feb 2009 12:36:46 +0000

Hi , do I need to do anything to convert my alloted right shares to mother shares? Or I can immediately sell them over the counter, as if I have already acquired the mother share at $5.42, assuming i am allotted 1000 rights issue.

Thanks for the answer.

By: lioninvestor

lioninvestor — Wed, 04 Feb 2009 00:56:59 +0000

Hi Soo Guan,

You can sell them in either.

The DBS 500 is for those who want to sell odd lots (500 shares) of DBS shares as the main DBS counter only allows for trading in 1000 shares denominations.

By: Soo Guan

Soo Guan — Wed, 04 Feb 2009 00:18:25 +0000

I had applied for the 500 DBS rights and the 500 excess rights through the ATM. Yesterday I received a letter from CDP that I have been alloted total 1000 DBS shares. So does it mean that if I want to I can sell 1,000 DBS shares in the trading market as if it were the DBS ordinary share which is the one that closed at $8.55 yesterday? Or is it the one that is indicated as DBS 500 that closed at $8.75?

By: lioninvestor

lioninvestor — Tue, 03 Feb 2009 16:31:13 +0000

Hi Phay Hoon,

If you are credited with any additional shares, you should receive a statement from CDP.