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News Release by:
Central Provident Fund Board
26 November 2007 -- |
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Singapore Exchange Ltd (SGX) announced today (26 November 2007) the transformation of SESDAQ to Catalist which would take effect on 17 December 2007. |
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CPF Board would like to inform CPF members that CPF savings can continue to be used to invest in the existing SESDAQ shares under CPF Investment Scheme – Ordinary Account (CPFIS-OA) after the transfer to Catalist. This is subject to the prevailing CPFIS rules and limits on investing in stocks. |
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New companies to be listed on the Catalist will be subjected to a new regulatory approach, i.e. an Exchange-regulated but Sponsor-supervised market. These companies are more likely to be in their earlier stages of development with limited track record. As such, the CPF Board will monitor developments of Catalist over the next 2 to 3 years before deciding whether members’ retirement savings are suitable to be invested in these new companies. |
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Enclosed is the list of Frequently Asked Questions (FAQs). |
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Members with enquiries can call the CPF Call Centre at 1800-227-1188. |