Hi all, recently OYY(Propnex) issued Bonus shares. I am using DBS Vickers. When i log into vickers, i do not see it the extra shares. But i see it in CDP. Why? And how to sell these shares then?

Sometimes vickers do not update corporate action movement. They are only one broker after all, CDP is the aggregator of all transactions you make with any broker in Singapore, so CDP knows best

If it is in CDP, means it is in your own name. you can sell it through any brokers not necessarily vickers. ocbc or kay hian works as well.

bonus shares, stock split etc will not be reflected in brokers statements since it is direct credit from the share registrar to CDP. only when you have to go through the broker, eg subscribe for scrip dividends, then the share holdings will be updated.

​

hope this helps.