How can I claim the deceased member's discounted Singtel shares if no nomination was made?

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Accepted Answer

The claims process depends on whether the deceased member held a personal securities account and whether an executor or administrator has been appointed under Grant of Probate (GP) or Letter of Administration (LA). For more information on how to apply for a GP or LA, visit Singapore Courts’ website.

Scenario	Process
Deceased member held a personal securities account	We will automatically transfer the discounted Singtel shares to the account.
Deceased member did not have a personal securities account, but an executor or administrator has been appointed	We will transfer the discounted Singtel shares to the estate securities account opened by his appointed executor(s) or administrator(s). If there is no securities account or estate securities account, the appointed executor(s) or administrator(s) may instruct the Board to sell the Singtel shares.
Deceased member did not have a personal securities account, and no executor or administrator has been appointed	We will sell the discounted Singtel shares. If the estate is below $50,000, the deceased member’s family has two options to claim the sale proceeds: Approach the Public Trustee to administer the shares together with the estate of the deceased member. Appoint a proper claimant to claim the sales proceeds or any dividends in cash directly from the Board. Write to us for more details about the application via the proper claimant route.

How can I claim the deceased member's discounted Singtel shares if no nomination was made?

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