23 Sep 2020

Selling of shares after Corporate Action Events

Please note that in view of the frequency of corporate actions which may result in stock consolidations and stock splits at the respective Exchange(s) and the need to rely on our agents to update us timely on such matters, it may not be possible for UOB Kay Hian Pte Ltd to alert you ahead of time for such corporate actions. You are therefore reminded to trade with caution and to be mindful that sudden sharp unexplained changes in share prices overnight may be due to corporate actions which affect your shareholdings. Always refer to the respective Exchange official websites for such corporate actions.

Do take note that your new holdings in your UTRADE account may not be updated in time before the start of trading after corporate action events. Should you choose to sell the new quantity which result from the stock split or consolidation, please note that it is your responsibility to compute your entitlement correctly. Clients will be held liable for any oversold positions.

UTRADE Portfolio page is an indication of your share holdings from trade(s) executed on UOB Kay Hian Pte Ltd only, and/or through your own manual updates. It will not be updated for 1) shares transferred in or out from your UTRADE account, 2) trades executed with other brokerage house(s) or any corporate action(s). UOB Kay Hian Pte Ltd will not be held responsible and/or liable for any losses or damages resulting from the usage of and/or reliance on information on this page.

Please refer to User Guide for adjustment of your UTRADE portfolio.

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