jervis43
2021-10-22

$UMS HOLDINGS LIMITED(558.SI)$SGX is T+2. Meaning the settlement will be done on second business day after the day of trading, which is also the day of the share being recorded to our account. So if we buy this share today 22nd Friday, it will only be recorded to our account on 26th Tuesday which misses the record date of 25th. So we won't be eligible for the bonus share. Payment date of 1st Nov is the day of allocating the bonus share. Since Tiger is custodian account, it may take longer time (maybe 1st Nov afternoon or next business day) to credit the bonus share to us. 

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