Purchasing SG stocks via FSMOne and perform share transfer to CDP viable?

Not worth the fees as the transfer transactions can be very expensive for penny stocks. Only works for the large caps such as buying Jardine C&C stock

Apologies. Not sure of this. But if you want CDP, another way is to buy via DBS vickers cash upfront and then sell via fsm one. You can compare to see which transaction fee is cheaper. Via this way, there is no 4-6 weeks of waiting too.