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Old 18-04-2015, 02:39 PM   #3722
Asphodeli
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Join Date: Jul 2001
Posts: 15,952
Let's put it this way, every broker in the world uses a custody to hold your shares except SG. If you are worried over this, you can't trade anything except sgx.

This includes all local brokers who trade overseas shares like DBS, OCBC, POEMS etc...
The CDP itself is a custodian for local shares on the SGX...everytime the circular comes around, the proxy form will always state that CDP appoints you as proxy for them...and you-know-who owns CDP...hehe
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