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Last updated: 18 / 09 / 2020
Dear Valued Clients,
Please be advised that, from time to time, corporate exercise undertaken by foreign companies that you invested in may cause your shareholdings being reduced.
There are times UOB Kay Hian Securities (M) Sdn Bhd ('UOBKH') may not be able to update your adjusted shareholding timely enough before the start of trading session in foreign market on ex date due to reason, among others, untimely advised by foreign brokers for us to adjust your foreign shares portfolio.
Therefore, you are strongly advised to monitor corporate exercise of foreign shares that you own. If you notice abnormal changes in shares price of your foreign portfolio, you are advised to check with your dealer's representatives before executing your transactions.
We would like to bring to your attention that it is your responsibility to ensure that the foreign shares you executed are available for delivery in your trading account for sell order on the due date. If you fail to comply and effect the delivery of shares, UOBKH shall effect a 'buy-in' in accordance with Foreign Exchange Rules and you undertakes to indemnify and pay UOBKH for all losses incurred in such events.
Thank you.