Singapore Airlines (SIA) – 2021 Rights Issue of Mandatory Convertible Bonds

Learn more about applying for the Mandatory Convertible Bonds if you are a SIA shareholder.



To begin, tell us where are your SIA Shares held?



For SIA Shares held in:

Central Depository (CDP) account


How to apply

  • DBS/POSB ATM machines
  • CDP PayNow service
  • CDP ARE form

Deadline for submission

Mode of Application Deadline
DBS/POSB ATM machines 16 June 2021, 9.30 pm
CDP PayNow service 16 June 2021, 9.30pm
CDP ARE forms 16 June 2021, 5pm

More information

  • For more information regarding the CDP PayNow service, please refer to the CDP FAQs on the SGX-CDP website.
  • Alternatively, if you require any assistance for any application made via the CDP PayNow service, please call CDP hotline at +65 6535 7511
  • Operating hours of CDP hotline:
    • Monday to Friday - 8.30 a.m. to 5.00 p.m.
    • Saturday - 8.30 a.m. to 12.00 p.m.

For SIA Shares held in:

DBS Supplementary Retirement Scheme (SRS) account


How to apply

Download a copy of the corporate action letter here.

Please complete and return the form to us via one of the channels below:
  • Visit any DBS/POSB branches
  • Email the completed form to instruction_ca@dbs.com

Deadline for submission

14 June 2021, 5pm (extended)

More information

  • DBS SRS account holders will be receiving an SMS with your entitlement sent to your bank registered mobile number.
  • Please ensure that you have sufficient funds in your SRS account to pay for your rights subscription. If you have insufficient funds, you may contribute to your SRS account up to your allowable cap contribution before you submit your instruction to the bank.
  • Please also note that upon receipt of your application form, if you have insufficient funds, we will subscribe for your rights entitlement up to your available balance.
  • Should you wish to sell your Rights during the period allowed for Rights trading, please contact your designated broker directly.
  • We will not be able to process on your application form if either of the following situations arises:
    • Nil balance
    • Signature deviation/ Signature Omission
    • Incomplete forms received (for example. no SRS a/c number indicated)
    • Inaccurate forms received (for example. SRS a/c number indicated does not exist)
    • Receipt of form after indicated deadline

For SIA Shares held in:

DBS Central Provident Fund Investment Account (CPFIA)


Important information

  • CPF funds cannot be used to pay for the acceptance of Rights Mandatory Convertible Bonds (MCBs) as the securities are not eligible for inclusion under the CPF investment scheme.
  • However, CPFIS members can provide instructions to us if they wish to accept and subscribe for the MCBs using cash. You will need to provide us with your debiting bank account number and your CDP account number.
  • Upon successful subscription, we will transfer the MCBs to your designated CDP account number.

How to apply

Download a copy of the corporate action letter here.

Please complete and return the form to us via one of the channels below:
  • Visit any DBS/POSB branches
  • Email the completed form to instruction_ca@dbs.com

Deadline for submission

14 June 2021, 5pm (extended)

Schedule of charges for CPFIA

Description Charges
Processing fee for the subscription of normal Rights S$10.70
Processing fee for the subscription of excess Rights
  • Applicable only if you apply for excess Rights
  • The processing fee is non-refundable
S$5.35
One-time CDP transfer fee S$10.70
*The total transaction fees will be capped at S$26.75 (Incl. GST)

More information

  • DBS CPFIA holders will be receiving an SMS with your entitlement sent to your bank registered mobile number.
  • Please ensure that you have sufficient funds in your DBS/POSB account to pay for your rights subscription & for the transaction fees.
  • Please also note that upon receipt of your application form, if you have insufficient funds, we will subscribe for your rights entitlement up to your available cash balance.
  • The expected date for the Rights Bonds to be credited into your CDP account is approximately 14 days after the closing date.
  • Should you wish to sell your Rights during the period allowed for Rights trading, please contact your designated broker directly.
  • We will not be able to process on your application form if either of the following situations arises:
    • Nil balance in the account provided
    • Signature deviation/ Signature Omission
    • Incomplete forms received (for example. no CPF a/c number indicated, no cash account indicated)
    • Inaccurate forms received (for example. CPF a/c number indicated does not exist, cash account indicated does not exist or closed)
    • Receipt of form after indicated deadline
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