25-08-2014, 09:29 AM
(23-08-2014, 11:47 AM)mario1942 Wrote: Hi all,
Need some clarifications. I bought my OCBC shares through CPF (DBS).
1) What if I have insufficient funds in CPF that I can use to purchase the rights? Am I able to do a top up just for the purchase?
2) Can I buy nil-paid rights through CPF?
Thanks in advance.
Please note that cash top-ups are not allowed, except in the case of taking up entitlements or conversion of entitlements. You may top-up your CPF Investment Account through DBS if you have insufficient CPF savings or stock limit to subscribe for the entitlements or conversion. However, such cash top-ups are not withdrawable or refundable, even if your applications are unsuccessful.