Will the Board sell the discounted Singtel shares upon the death of CPF member?

Q: Will the Board sell the discounted Singtel shares upon the death of CPF member?

If the deceased member had made a valid nomination , we will sell the shares due to the nominee if: the nominee instructs us to sell the shares; the nominee is an undischarged bankrupt; the nominee is below age 18; the nominee is a beneficiary under the Special Needs Saving Scheme ; the nominee has passed away (and no instruction is received from the estate administrator/executor to transfer the shares); the nominee lacks mental capacity (and no instruction is received from the Deputy/Donee to transfer the shares); or no instruction is received from the nominee six weeks from the notification of the member's death. If the deceased member had not made a valid nomination , we will sell the shares if: the appointed executor or administrator instructs us to sell the shares; the Public Trustee instructs the Board to sell the shares (if the Public Trustee is appointed to administer for small estates below $50,000 when there is no appointed executor or administrator); or no instruction is received from the appointed executor or administrator six months from the notification of the member’s death.

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If the deceased member had made a valid nomination, we will sell the shares due to the nominee if:

the nominee instructs us to sell the shares;
the nominee is an undischarged bankrupt;
the nominee is below age 18;
the nominee is a beneficiary under the Special Needs Saving Scheme;
the nominee has passed away (and no instruction is received from the estate administrator/executor to transfer the shares);
the nominee lacks mental capacity (and no instruction is received from the Deputy/Donee to transfer the shares); or
no instruction is received from the nominee six weeks from the notification of the member's death.

If the deceased member had not made a valid nomination, we will sell the shares if:

the appointed executor or administrator instructs us to sell the shares;
the Public Trustee instructs the Board to sell the shares (if the Public Trustee is appointed to administer for small estates below $50,000 when there is no appointed executor or administrator); or
no instruction is received from the appointed executor or administrator six months from the notification of the member’s death.

Will the Board sell the discounted Singtel shares upon the death of CPF member?

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Related questions

When will the deceased member's CPF savings be paid to me after I have submitted the withdrawal application form?

Will the nominee(s) and next-of-kin be notified to claim the deceased member's CPF savings?

Can the nominee instruct the Board when to sell the discounted Singtel shares at a certain price?

What happens to a deceased member's discounted Singtel shares?

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