A Note About General Offers for Shares in CPFIS Accounts

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So I recently tendered my Keppel T&T shares up to the offeror, and to my surprise, OCBC didn’t charge me anything for this. Usually there will be bank charges for share purchases/sales and custodial fees, but it seems that in the case of a general offer, charges are either waived, or borne by the offeror. Good news for me, I guess, as I get to save a little bit of money.

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