Overseas Chinese Banking Corporation (OCBC Bank)

[pubster]

I just bought 4 lots through CPF early this week as I feel the price is attractive.

But I never bought any stocks which offer scrip dividends before. I will definitely be interested in the picking up in terms of scrip.

Can any kind soul advise me on how and what I need to do? Also any problems I might faced in the future if I decide to offload the stock.

Very sorry for posting such a noob question here...

They will send you the form for taking up the script dividend.

You have the option of taking up one time script dividend, or
taking up script dividend for the rest of dividends payment.

Just tick the appropriate box and mail back to them.

As for selling the loose shares from the script dividend ( eg 4035 shares ),
you can call your remisiers or broker to transact on your behalf.

Thank you so much for your advice.

So the agent bank for my CPF account will send me the form? If there is a right issue, my agent bank for CPF will also send me the forms right and the amount will be deducted from my CPF, right?

Guess I will contact my remisier to help me if I need to offload these odd lots counter...

Thank you once again