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SALE OF DISCOUNTED SINGTEL SHARES TO BE CONTINUED AT POST OFFICES

 

News Release by:
Central Provident Fund Board
22 March 2007 --

 

The CPF Board is pleased to announce that SingPost will continue with the service for the sale of Discounted SingTel Shares at all its post offices. This is in response to CPF members’ feedback that this service continues to be useful. This service was earlier planned to be discontinued after 31 March 2007.

The current fees charged, at a flat rate of $17.95 (before SGX fees and GST) for each sale transaction, and the procedures for selling SingTel shares through SingPost will remain unchanged. Any future change to the fees will be announced by SingPost.

About 43,000 members have sold their discounted SingTel shares at post offices in the past one month. The continuation of this service will make it more convenient and accessible for the 910,000 members who are still holding discounted SingTel shares, to sell their shares.

Members with enquiries can also call the CPF Call Centre 1800-227-1188 or SingPost’s hotline at 1605 for enquiries on the sale procedures at post offices.

 

 

 Last Updated on: Thursday, June 30, 2011 at 5:48 PM
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