Resources
FAQ (Non-MCA Settlement)
Product Related
IPO / Online Private Placement FAQ
    Resources
    FAQ (Non-MCA Settlement)
    Product Related
    IPO / Online Private Placement FAQ

    DBS Current Account Escalator

    DBS Bank has been reserving and allocating IPO private placement shares for our institutional and preferred clients. Singapore residents who open accounts with our Singapore office now have the benefit and convenience of applying for placement shares of Initial Public Offerings.

    For Singapore accounts, you can log in to your trading account to check current offerings available for online application and read prospectuses on our site. You can also apply for the shares and check the status of your application online. For Hong Kong accounts, please call our Investment Services Centre for the Yellow/White form.

    What are the fees for IPO application?
    An IPO Placement commission of 1% on the value of allocations and applicable GST will be charged for all successful IPO applications via DBS Vickers.
    Who is eligible to participate in a current online private placement at www.dbsvonline.com?
    To qualify, you must have online access to your DBS Vickers online trading account and have in place an Automatic Payment facility (direct debit / credit or 'GIRO') with DBS Vickers. You must also have sufficient funds in your nominated Automatic Payment account before you apply. Please note that emails sent to you are only invitations to view the current offerings. To be able to apply online, you need to set up the above arrangements.
    What are the allocation criteria for online private placement of shares?
    DBS Vickers has the sole right to allocate shares on any basis or to change its method of allocating shares at any time.
    How would the funds be credited back to my account if my allocation request is unsuccessful or partially filled?
    The amount for unsuccessful applications or unallocated portions will be credited into your 'GIRO' accounts.
    How would I be informed on the final results of my IPO application?
    You will be informed through email and you can then find the status of your application on this site indicated as 'Pending'. That means the actual allotment of such placement shares is subject to the registrar's confirmation. The final confirmation of any allotment of placement shares to you will be informed by notification letter from CDP. To help you to get updated results earlier, we upload the results to the Web page right after we get the results from the registrar.