Wednesday, February 07, 2007

Sell SingTel shares

Someone asked if she should sell her SingTel shares at the Post Office now, as she heard that this service will be discontinued in March.

I asked my stockbroker for advice. He said that a shareholder who does not have a trading account with a stockbroker will find it better to sell the shares at the Post Office. It will be quite inconvenient to open an account and link to the CDP account, just to sell the SingTel shares.

However, if the shareholder has a trading account, then it is quite convenient to sell through the stockbroker.

He is not aware that the Post Office intends to withdraw this service.

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