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Will the Board sell the discounted Singtel shares due to the nominee?
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Source: https://www.cpf.gov.sg/memberCurrently, we will sell the shares due to the nominee if:
i. we are unable to transfer these shares to the nominee;
ii. the nominee has instructed us to sell these shares;
iii. the nominee is an undischarged bankrupt;
iv. the nominee has passed away;
v. no instruction has been received from the nominee even after six weeks from the notification of the member's death; or
vi. there exist such other circumstances as may be prescribed in the Special Discounted Shares regulations.
This information provided here is sourced from the CPF website.
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