Bonus share 10:1 questions
$DBS Group Holdings (D05.SG)$ hi hi, sorry newbie here. can ask about DBS bonus 10:1 share scheme, how will that be reflected in MooMoo? will we need to do anything or will the bonus share automatically be added to the current holding? sorry if the question seems a no brainer.. really first time here. thanks so much teachers
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Moomoo Lily : Hi, @Moomoo Buddy Please help!
Moomoo Buddy : Dear valued customer, if the listed company supports scrip dividend, moomoo SG will send an email notification after confirming the user's eligibility and you can follow the email guidelines to submit the instructions. Please pay attention to the follow-up news notification. If certain stocks have been specified as cash or stock dividends only, this means you can not make your choice at will. Moomoo SG will not inform you otherwise. If you have any questions, please feel free to contact our customer service. Online service: APP>Me>Customer Service>Online Inquiry. Have a nice day!
102536116 OP Peter Lee 987 :
102536116 OP Moomoo Buddy :
Moomoo Buddy Pete987 : Dear valued customer, if there is any dividend election and client is eligible, we will email to the eligible clients. If it is a mandatory event, then we will not email to clients. We will process/credit it to client's moomoo sg account when we receive it from upstream. Please refer to sgx or company website on such information. Thank you. If you have any questions, please feel free to contact us, Have a good day!