Securities Trading Account Application

Transcription

1 Securities Trading Account Application Co. Reg No G DBS Vickers Securities (Singapore) Pte Ltd 12 Marina Boulevard #10-01 Marina Bay Financial Centre Tower 3 Singapore Tel: (65)

2 INDIVIDUAL/JOINT ACCOUNT APPLICATION CHECKLIST You are required to open your trading account in person at DBS Vickers Customer Centre located on Level 3, 12 Marina Boulevard, Marina Bay Financial Centre Tower 3, Singapore , to have your signature witnessed. Alternatively, your signature may be witnessed by authorised staff at any of our DBS/POSB Bank branches. A copy of our General Trading Agreement may be downloaded from our website at 1 Supporting Documents Required For Singaporean/PR: NRIC (both sides) For Foreigner: For Malaysian: Malaysian IC (both sides) For Other Nationalities: Passport (at least 6 months to expiry) Latest Proof of Residence (Bank/CPF/IRAS Statement dated within 3 months) Employment Pass (if applicable) 2 Forms Required DBS Vickers Individual/Joint Application Form SGX Apply for/revoke Linkage Form Under Section 2 Type of Account(s) on the DBS Vickers Individual/Joint Application Form, If you choose Option (a), please complete 2 copies If you choose Option (b), please complete 1 copy SGX Apply for Individual Securities Account/SGX Apply for Joint Securities Account A Central Depository Pte Ltd (CDP) account is required to custodise your SGX holdings Self-Certification on Tax Residency Status Payment Facility - _ For Offline and Joint Trading Accounts only Option to choose - GIRO or EPS - Optimal Cash Account. Please call our Customer Service Line at (65) to obtain a form Settlement Account Linkage _ For Individual Online Trading Accounts only Mandatory to link to an Individual DBS Multi-Currency Account W-8BEN Form _ Required if you wish to trade US securities NOTE: Should you wish to trade in Overseas-listed and/or Specified Investment Products, please log in to your trading account at and proceed to My Account to declare your qualification via a web-based form once you have successfully opened your account with us. Please allow a minimum of 3 working days for processing. Alternatively, you may call our Customer Service Line at (65) for assistance. Individual_Joint Application Checklist/GSMC/Feb2018 Checklist/GSMC/Jul15 Co. Reg No G DBS Vickers Securities (Singapore) Pte Ltd 12 Marina Boulevard #10-01 Marina Bay Financial Centre Tower 3 Singapore Tel: (65)

3 INDIVIDUAL / JOINT APPLICATION FORM 1 Account Category (Please tick ONE option only) Individual Joint 2 Type of Account(s) Required (Please tick ONE option only) Online Cash Trading Account (a) Online Cash Trading Account with a dealer/remisier to service me* Do you have a preferred dealer/remisier to service your account? No Yes, please specify following: Name of dealer/remisier: Code: (b) Online Cash Trading Account without a dealer/remisier to service me Margin Facility Account No Yes, please contact me * For NEW Applicants, kindly note that in addition to the online cash trading account, a securities trading account with a dealer/remisier will be opened at the same time. 3 Personal Details Salutation Mr Miss Mdm Mrs Dr Name (as in NRIC or Passport) NRIC/Passport No. Date of Birth Date/Month/Year Nationality S porean Others S pore PR Yes No (please specify) Home No. Mobile No. 7 Custodian Details CPF Investment Account No. Agent Bank DBS OCBC UOB SRS Account No. Agent Bank DBS OCBC UOB CDP Securities Account No A CDP Sub Account maintained with DBS Vickers Securities (Singapore) Pte Ltd. appointing us as the Depository Agent for the safekeeping of SGX-listed securities. 8 Personal Details (For Joint Applicant) Salutation Mr Miss Mdm Mrs Dr Name (as in NRIC or Passport) NRIC/Passport No. Date of Birth Date/Month/Year Nationality S porean Others S pore PR Yes No (please specify) Home No. Mobile No. Office No. Residential Address Number, Block & Street Office No. Residential Address Number, Block & Street City Postal Code Country Mailing Address (if different from Residential Address) Number, Block & Street City Postal Code Country Mailing Address (if different from Residential Address) Number, Block & Street City Postal Code Country Tax Residence Singapore Others (please state country) Residential Status Self-Owned Rented Family Mortgaged Qualification Diploma Tertiary Others (please specify) Mother s Maiden Name (for verification purposes) Name of Spouse City Postal Code Country Tax Residence Singapore Others (please state country) Residential Status Self-Owned Rented Family Mortgaged Qualification Diploma Tertiary Others (please specify) Mother s Maiden Name (for verification purposes) Name of Spouse NRIC/Passport No. Relationship to First Applicant Nationality S porean Others (please specify) NRIC/Passport No. Nationality S porean Others (please specify) 9 Employment Details 4 Employment Details Are you self-employed? Yes No Occupation Are you self-employed? Yes No Occupation Name of Employer Name of Employer Employer s Address Number, Block & Street City Postal Code Country Year(s) of Service Nature of Business Annual Income S$50,000 or below S$50,001 S$100,000 S$100,001 S$200,000 S$200,001 S$300,000 S$300,001 S$500,000 S$500,001 S$1,000,000 Above S$1,000,000 5 Networth Source of Wealth Savings Salary Rental Income Sale of Property/Investment Employer s Address Number, Block & Street City Postal Code Country Year(s) of Service Nature of Business Annual Income S$50,000 or below S$50,001 S$100,000 S$100,001 S$200,000 S$200,001 S$300,000 S$300,001 S$500,000 S$500,001 S$1,000,000 Above S$1,000, Networth Source of Wealth Savings Salary Rental Income Sale of Property/Investment Inherited Wealth Others (please specify) Inherited Wealth Others (please specify) Source of Fund Source of Fund Estimated Liquid Assets Estimated Liquid Assets 6 Bank Reference 11 Bank Reference DBS POSB OCBC UOB Others (please specify) Bank Account No. DBS POSB OCBC UOB Others (please specify) Bank Account No.

4 12 Account Relationship Details Name of other brokerage house(s) currently used for any Securities Trading UOB Kay Hian OCBC Securities CIMB Securities Phillip Securities Maybank Kim Eng Others (please specify) Do you have any existing account with DBS Vickers? Yes No If Yes, please state your existing account no(s). Are you related to any employee(s)/trading Representative(s)/existing client(s) of DBS Vickers? Yes No If Yes, please provide the following details Name: Please circle: Employee / Trading Representative / Existing Client Trading Account No. (for existing clients) What is the Relationship? 13 Trading History/Objectives Do you have previous experience in Securities Trading? Yes No Please indicate your objectives in trading securities. Capital Preservation Income Growth Short Term Trading Profit Others (please specify) 14 Consent For Marketing Messages Would you like to receive marketing materials and information relating to services and/or products offered or distributed by DBS Vickers and/or its service and product providers via all forms of mobile messaging (including SMS or MMS), telephone calls, fax, and/or post? Yes No NOTE: All references to DBS Vickers, we and us refer to DBS Vickers Securities (Singapore) Pte Ltd; all references to you or your refer to the customer named above. (a) This request shall apply to your personal data as recorded with DBS Vickers. We may take a few days to process your request. You consent to us using your personal data to contact you to process or clarify your instructions. (b) Your instructions given will replace and supersede all previous instructions given to us, whether written or otherwise. (c) Your instructions herein DO NOT APPLY to marketing materials and information sent directly by our service and product providers. If you wish to opt out of receiving marketing materials and information from our service and product providers, please contact them directly. (d) If you have opted to receive marketing materials and information from us via fax, mobile messaging or telephone calls, you will receive faxes, mobile messages or calls from us even if your number is on the National Do-Not-Call Register. 15 Electronic Statements (estatements) estatements are electronic versions of your daily and monthly statements available through As part of our ongoing effort to make trading simpler, faster and safer, you will be automatically enrolled to receive estatements for all your online trading account(s). To opt out, you may call our Customer Service Line at (65) or via online when you receive your new trading account information. I have read and agreed to the above 16 Customer Declaration By signing this application, I/we declare, warrant and agree to/with DBS Vickers Securities (Singapore) Pte Ltd ( DBS Vickers ): (a) all information submitted in this application or otherwise in connection with this application are true, accurate and complete in all respects and I/we will, as soon as possible, provide DBS Vickers with notice in writing of any change in particulars given in this application together with all relevant documents; (b) I/We have read and understood, and agree that this application and the account(s) applied herein shall be construed and governed in accordance with DBS Vickers General Trading Agreement (as may be amended from time to time); (c) to the disclosure by DBS Vickers and/or its officers or agents any and all information in respect of this application and the account(s) applied herein in accordance with the disclosure provisions set out in DBS Vickers General Trading Agreement (as may be amended from time to time); (d) that DBS Vickers has the right not to approve this application at its sole and absolute discretion without any obligation to render any reason or explanation; (e) that I/we agree to abide by the prevailing rules and regulations of the Singapore Exchange Limited and its subsidiaries or any regulatory body or exchange (whether in or outside Singapore) as may be applicable to me/us and my/our transactions; (f) that I/we am/are the ultimate beneficial owner(s) of the account under this application and that there exist no other beneficial owner(s) in relation to me/us in respect of this account and application. I/We undertake that the account under this application shall not at anytime have any other undisclosed beneficial owner(s); (g) by signing this application, l/we (known as Subscriber in the New York Stock Exchange ( NYSE ) and the Toronto Stock Exchange ( TSX ) Inc, subscriber agreements), agree: (1) that I/we have read the NYSE and TSX Inc. subscriber agreements, a copy of which is attached hereto; (2) that l/we undertake and agree to be bound by the NYSE and TSX Inc. subscriber agreements to the same extent as if I/we had signed such agreements with NYSE and TSX Inc. directly; (3) that TSX Inc, may enforce TSX Inc s rights pursuant to the TSX Inc. subscriber agreement in its own name directly against me/us; (4) that DBS Vickers is not an agent of NYSE and TSX Inc, and is not authorised to add to or delete from the NYSE and TSX Inc. subscriber agreements and is not authorised to modify any provision of the NYSE and TSX Inc. subscriber agreements; and (5) that no provision has been added to or deleted from the NYSE and TSX Inc. agreements and that no modifications have been made to them. I/We warrant that I/we am/are legally able to undertake the obligations set forth the aforesaid agreements; (h) by executing this application, I/we (known as subscriber in the NASDAQ subscriber agreement) agree: (1) that I/we have read, and agree to be bound by the NASDAQ subscriber agreement, a copy of which is attached hereto; (2) that DBS Vickers is not an agent of NASDAQ and is not authorised to add to or delete from the NASDAQ subscriber agreement and is not authorised to modify any provision of the NASDAQ subscriber agreement, and (3) that no provision has been added to or deleted from the NASDAQ agreement and that no modifications have been made to it. I/We am/are legally able to undertake the obligations set forth; (i) that if l/we choose not to open a Depository Agent Sub-Account with DBS Vickers, l/we will not be able to furnish DBS Vickers with shares as collateral and DBS Vickers shall not be obliged to accept any shares as collateral. However, if the said Depository Sub-account is opened, I/we agree that there will be monthly maintenance charges imposed by CDP which will be charged to me/us regardless of whether there is any transaction in this account; and (j) in addition, I/we hereby declare that I/we am/are not an undischarged bankrupt/undischarged bankrupts I/We confirm that I/we have read, understood and accepted Clause A28 of DBS Vickers General Trading Agreement (as may be amended from time to time), the Compliance with Tax Requirements notice and the DBS Vickers Personal Data Protection Policy (available at relating to the collection, processing, use and disclosure of Customer Data. By signing this account opening application form, I/we hereby consent to the collection, processing, use and disclosure of Customer Data as set out at clause 28 of DBS Vickers General Trading Agreement (as may be amended from time to time) and DBS Vickers Personal Data Protection Policy. Signature of Applicant Signature of Joint Applicant Date Date Signature verified by DBS Vickers/DBS/POSB Bank staff Name of Verifying Officer/Date Remarks Individual_Joint Application Form/GSMC/Nov16 Co. Reg No G DBS Vickers Securities (Singapore) Pte Ltd 12 Marina Boulevard #10-01 Marina Bay Financial Centre Tower 3 Singapore Tel: (65)

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13 Co. Reg. No G DBS Vickers Securities (Singapore) Pte Ltd Member of Singapore Exchange Securities Trading Ltd 12 Marina Boulevard #10-01 Marina Bay Financial Centre Tower 3 Singapore Tel :

14 Co. Reg. No G DBS Vickers Securities (Singapore) Pte Ltd Member of Singapore Exchange Securities Trading Ltd 12 Marina Boulevard #10-01 Marina Bay Financial Centre Tower 3 Singapore Tel :

15 Payment Facility (Please tick ONE option only) Name of Client Trading Account No NRIC / Passport No GIRO (Direct Debit & Credit Authorisation) To: The Manager DBS Bank Account No to be credited DBS/POSB My/Our DBS/POSB Account Name My/Our DBS/POSB Account No I/We hereby instruct you to process DBS Vickers Securities (Singapore) Pte Ltd s instructions to debit/credit my/our account. i. You are entitled to reject DBS Vickers Securities (Singapore) Pte Ltd s debit/credit instruction(s) if my/our account does not have sufficient funds and charge me/us a fee on this. You may also at your discretion allow the debit even if this results in an overdraft on the account and charges are imposed accordingly. ii. This authorisation will remain in force until terminated by your written notice sent to my/our address last known to you or upon receipt of my/our written revocation through DBS Vickers Securities (Singapore) Pte Ltd. Date Signature of Client(s) per Bank s specimen records *For thumbprint(s), please go to the branch with your identification Electronic Payment of Shares (EPS) I/We hereby request and authorise you: i. from time to time to pay all sales proceeds and contra gains due to me arising from transactions effected through the above trading account (the "Trading Account") to the bank ii. to link the designated Bank Account with the Trading Account in order for me to make payment from time to time for purchases or contra losses due to you arising from transactions Participating Banks (please tick ONE option only) DBS/POSB UOB/OCBC/Citibank/Maybank* *please delete accordingly Account No Account No I agree, acknowledge and undertake: - that I have read the Terms and Conditions applicable to the EPS service on page 2 and hereby confirm that the same shall be binding on me whenever payments are made to the designated Bank Account by the Member Company or whenever payments are made by me to the Member Company from the designated Bank Account through EPS service. - that the authorisations herein shall continue to be in force until I expressly revoke them by giving three (3) weeks notice in writing delivered to the Member Company or the closure of the designated Bank Account, whichever is the earlier. The Member Company may in its absolute discretion terminate the EPS service by giving me written notice at our last known address; or in the case of closure of the Member Company, the designated Bank may in its absolute discretion terminate the EPS service. - and consent to the disclosure by the Member Company to the Participating Bank and to any relevant person of all or any of the information in relation to or concerning the transactions effected through the Trading Account such as the contract or contra statement numbers, amounts due there under, the Trading Account number and such information as may be necessary or appropriate or that may arise in order to effect, or as a result of, the payments to the designated Bank Account by the Member Company or the payments by me to the Member Company from the designated Bank Account through the EPS service. Date Signature of Client(s) per DBSV s Trading Account Payment Facility Form/Client Svcs/GSMC/July15 Co Reg No G 1

16 (TO BE DETACHED) To: The Manager DBS Vickers Securities (Singapore) Pte Ltd 12 Marina Boulevard #10-01 Marina Bay Financial Centre Tower 3 Singapore Attention: Client Services Dept. This Application is hereby REJECTED (please tick) for the following reason(s): Signature/Thumbprint# differs from DBS Bank s records Signature/Thumbprint# incomplete/unclear# Account operated by signature/thumbprint# Wrong account number Amendments not countersigned by customer Others: Date Authorised Signature Name of Approving Officer: # Please delete where inapplicable Name of Bank: DBS Vickers Securities Payment Facility Form/Client Svcs/GSMC/July15 Co Reg No G 2

17 Settlement Account Linkage (Applicable only for online individual account) MCA-E Name of Client NRIC / Passport No DBS MCA Account No Trading Account No Termination of Existing Payment Facility (Only applicable to customers with existing GIRO/EPS payment mode) Your existing GIRO/EPS payment mode with DBS Vickers will be terminated and you are required to provide a valid individual DBS Multi- Currency Account ("MCA") for purposes of settlement of all trades and crediting of dividends. MCA Linkage 1. By linking my MCA to my trading account with DBS Vickers ( Trading Account ), I will be able to view certain account information and perform certain transactions with my MCA on the DBS Vickers trading platform, and for the purposes of facilitating this, I consent to: (i) DBS Bank Ltd ( DBS Bank ) disclosing my MCA information (including my personal data) to DBS Vickers Securities (Singapore) Pte Ltd ( DBS Vickers ) and DBS Vickers processing such information in accordance with the terms and conditions governing my Trading Account; and (ii) DBS Vickers disclosing my Trading Account information (including personal data) to DBS Bank and DBS Bank processing such information in accordance with the terms and conditions governing my MCA. 2. I may designate another MCA to be linked to my Trading Account. Notwithstanding my re-designation of the MCA to be linked, I agree to be bound by all applicable terms and conditions. Settling Trading Orders with MCA 3. I am responsible for maintaining sufficient funds in my MCA. 4. I may trade in any foreign currency available under my MCA provided I have funds in the relevant foreign currency in my MCA. 5. Should I opt for cash upfront as my settlement mode for my trading order and have insufficient funds in the relevant foreig n currency, I may perform a foreign currency conversion at DBS Bank s prevailing rate using the Singapore Dollars in my MCA and this conversion may be performed on the DBS Vickers trading platform and reflected simultaneously in my DBS Bank transaction records, prior to my trading with my Trading Account. I ACKNOWLEDGE THAT ANY FOREIGN CURRENCY CONVERSION PERFORMED WITH MY MCA WILL NOT BE REVERSED ONCE CONFIRMED, EVEN IF I DECIDE TO AMEND OR CANCEL MY TRADING ORDER OR IF MY TRADING ORDER PLACED IS NOT SETTLED. 6. I am aware that in the event I opt for cash trading as the settlement mode for my trading order and have insufficient funds in the relevant currency during settlement, my trading order placed will not be settled. 7. DBS Bank and DBS Vickers may modify or supplement any of the terms and the terms above by giving me notice on the DBS Vickers online trading platform or in a manner they deem fit. Neither DBS Bank nor DBS Vickers shall be responsible to me for any loss (including consequential loss and/or loss of profit), damage, expense or cost that I may incur as a result of me performing the foreign currency conversion and/or not proceeding to trade in the relevant foreign currency. Declaration I hereby declare, represent, warrant and agree that: 1) All information submitted above or otherwise in connection with this application is true and accurate in all aspects. 2) I shall give DBS Vickers notice of any change in the particulars provided above and submit relevant documentary proof to DBS Vickers for any change of the particulars provided above. Date Signature of Client per DBSV s Trading Account MCA Linkage/Mar18

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19 Form W-8BEN (Rev. July 2017) Department of the Treasury Internal Revenue Service Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding and Reporting (Individuals) For use by individuals. Entities must use Form W-8BEN-E. Go to for instructions and the latest information. Give this form to the withholding agent or payer. Do not send to the IRS. OMB No Do NOT use this form if: Instead, use Form: You are NOT an individual W-8BEN-E You are a U.S. citizen or other U.S. person, including a resident alien individual W-9 You are a beneficial owner claiming that income is effectively connected with the conduct of trade or business within the U.S. (other than personal services) W-8ECI You are a beneficial owner who is receiving compensation for personal services performed in the United States or W-4 You are a person acting as an intermediary W-8IMY Note: If you are resident in a FATCA partner jurisdiction (i.e., a Model 1 IGA jurisdiction with reciprocity), certain tax account information may be provided to your jurisdiction of residence. Part I Identification of Beneficial Owner (see instructions) 1 Name of individual who is the beneficial owner 2 Country of citizenship 3 Permanent residence address (street, apt. or suite no., or rural route). Do not use a P.O. box or in-care-of address. City or town, state or province. Include postal code where appropriate. Country 4 Mailing address (if different from above) City or town, state or province. Include postal code where appropriate. Country 5 U.S. taxpayer identification number (SSN or ITIN), if required (see instructions) 6 Foreign tax identifying number (see instructions) 7 Reference number(s) (see instructions) 8 Date of birth (MM-DD-YYYY) (see instructions) Part II Claim of Tax Treaty Benefits (for chapter 3 purposes only) (see instructions) 9 I certify that the beneficial owner is a resident of within the meaning of the income tax treaty between the United States and that country. 10 Special rates and conditions (if applicable see instructions): The beneficial owner is claiming the provisions of Article and paragraph of the treaty identified on line 9 above to claim a % rate of withholding on (specify type of income):. Explain the additional conditions in the Article and paragraph the beneficial owner meets to be eligible for the rate of withholding: Part III Certification Under penalties of perjury, I declare that I have examined the information on this form and to the best of my knowledge and belief it is true, correct, and complete. I further certify under penalties of perjury that: I am the individual that is the beneficial owner (or am authorized to sign for the individual that is the beneficial owner) of all the income to which this form relates or am using this form to document myself for chapter 4 purposes, The person named on line 1 of this form is not a U.S. person, The income to which this form relates is: (a) not effectively connected with the conduct of a trade or business in the United States, (b) effectively connected but is not subject to tax under an applicable income tax treaty, or (c) the partner s share of a partnership's effectively connected income, The person named on line 1 of this form is a resident of the treaty country listed on line 9 of the form (if any) within the meaning of the income tax treaty between the United States and that country, and For broker transactions or barter exchanges, the beneficial owner is an exempt foreign person as defined in the instructions. Furthermore, I authorize this form to be provided to any withholding agent that has control, receipt, or custody of the income of which I am the beneficial owner or any withholding agent that can disburse or make payments of the income of which I am the beneficial owner. I agree that I will submit a new form within 30 days if any certification made on this form becomes incorrect. Sign Here Signature of beneficial owner (or individual authorized to sign for beneficial owner) Date (MM-DD-YYYY) Print name of signer Capacity in which acting (if form is not signed by beneficial owner) For Paperwork Reduction Act Notice, see separate instructions. Cat. No Z Form W-8BEN (Rev )

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21 Dear Applicant US Tax Reporting (Documents Required) - Individual Please be informed that due to US tax reporting requirements for the trading or holding of US securities, DBS Vickers Securities (Singapore) Pte Ltd, as a Qualified Intermediary for US tax purposes, is required to collect documentation from our account holders. Valid tax documentation is also required to allow you to claim benefits or reduced or exempt US withholding tax under certain circumstances. To assist you in determining which IRS tax form(s) to complete, we have prepared a brief non-exhaustive description of each form (W-8BEN, W-8ECI and W-9) below. Form W-8BEN Form W-8ECI Form W-9 Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding If you are a non-us person and you are claiming that you are the beneficial owner of the income paid to you in connection with the account(s) for which the Form W-8BEN is being provided, please complete this form. Form W-8BEN is valid for three calendar years following the year it is signed, unless a change in circumstances makes any information on the form incorrect. Certificate of Foreign Person s Claim That Income Is Effectively Connected with the Conduct of a Trade or Business in the United States. If you are a non-us person and beneficial owner of US source income that is effectively connected with the conduct of a trade or business within the US, please complete Form W-8ECI and specify the type(s) of income for which exemption is claimed. The Form W-8ECI is valid for three calendar years following the year it is signed, unless a change in circumstances makes any information on the form incorrect. Request for Taxpayer Identification Number and Certification If you are a US person or entity, please use Form W-9 to provide your taxpayer identification number (TIN), certify that you are not subject to backup withholding, or claim exemption from backup withholding if you are an exempt payee. Form W-9 is valid indefinitely. For your convenience, we have enclosed the Form W-8BEN on the assumption that you are the ultimate beneficial owner(s) of the individual/joint trading account opened/maintained with DBS Vickers. You should assess and determine whether the Form W-8BEN is appropriate for your status/completion and inform us accordingly. Since the US tax rules and the documentation requirements may be complex, please obtain your own US tax advice to determine your US tax status. Please refer to IRS website at for the series of Forms W-8, if the attached Form W-8BEN is not appropriate for your status/completion. Alternatively, please contact our Customer Service Line at for the appropriate Form W-8 to be sent to you. Yours faithfully, DBS Vickers Securities (Singapore) Pte Ltd Co. Reg. No G DBS Vickers Securities (Singapore) Pte Ltd Member of Singapore Exchange Securities Trading Ltd 12 Marina Boulevard #10-01 Marina Bay Financial Centre Tower 3 Singapore Tel :

22 Dear Applicant Safeguarding Singapore s Financial System From The Laundering Of Proceeds Of Tax Crimes We wish to inform you that with effect from 1 July 2013, Singapore has implemented the recommendation of the Financial Action Task Force ( FATF )* to designate serious tax crimes as predicate offences for money laundering. This action demonstrates the Monetary Authority of Singapore s firm commitment to safeguard the integrity and reputation of Singapore as an international financial centre. In keeping with this development, all Financial Institutions in Singapore ( FIs ), including DBS Vickers Securities (Singapore) Pte Ltd, are required to have effective measures in place to ensure that FIs are not used to harbour illegitimate assets, including proceeds from tax crimes. DBS Vickers Securities (Singapore) Pte Ltd takes the issue of financial system integrity seriously and has robust policies and procedures in place to ensure that our clients use our facilities only for legitimate purposes. We wish to highlight that full compliance with all obligations on your tax matters falls within your personal responsibility. If you have any questions regarding this development, please contact our Customer Service Line at Yours faithfully, DBS Vickers Securities (Singapore) Pte Ltd * The FATF is the international body that develops global standards on measures to combat money laundering and terrorist financing. Co. Reg. No G DBS Vickers Securities (Singapore) Pte Ltd Member of Singapore Exchange Securities Trading Ltd 12 Marina Boulevard #10-01 Marina Bay Financial Centre Tower 3 Singapore Tel :

23 Glue on this side Glue on this side Glue on this side Fold along the dotted line Postage will be paid by addressee. For posting in Singapore only. BUSINESS REPLY SERVICE PERMIT NO Marina Boulevard #10-01 Marina Bay Financial Centre Tower 3 Singapore Attention: Client Services

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