Phillip Securities to update terms for Singapore Depository Receipts

SGX Filings

Aug 12

Phillip Securities Pte Ltd said on Aug, 12 2026 that it will amend the Terms and Conditions and the Form of Master governing its Singapore Depository Receipts (SDRs) for 35 underlying securities listed in Thailand, Hong Kong and Indonesia.

The revisions introduce flexibility for handling share splits or consolidations by allowing the depository to adjust either the number of SDRs or their underlying ratios so each receipt continues to represent a whole number of shares, with any rounding fractions retained by the depository.

In the Form of Master, the current requirement to update a physical schedule when SDR balances change will be replaced with notification “in such manner as requested by the SDR holder,” supporting changes to the conversion process.

Phillip Securities stressed that the amendments will not cancel or impair any beneficial owner’s entitlement to, or right to withdraw, the deposited property. The changes take effect on Sept, 14 2026.

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The changes take effect on Sept, 14 2026.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HLPD.SI","symbol_name":"Laopu Gld HK SDR 50to1","start_time":0,"source_url":"","article_id":"1184635609","we_media_id":"1083912268","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1184635609","pubTimestamp":1786529543,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"SGX Filings","introduction":"Fastest News on SGX Filings ","home_visible":1,"id":"1083912268","head_image":"https://community-static.tradeup.com/news/57d1beae95c40ebe9f2698a436562e39"},"summary":"Phillip Securities Pte Ltd said on Aug, 12 2026 that it will amend the Terms and Conditions and the Form of Master governing its Singapore Depository Receipts (SDRs) for 35 underlying securities...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"HLPD.SI":"Laopu Gld HK SDR 50to1"},"translate_title":"辉立证券将更新新加坡存托凭证条款","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HLPD.SI":1},"content_text":"Phillip Securities Pte Ltd said on Aug, 12 2026 that it will amend the Terms and Conditions and the Form of Master governing its Singapore Depository Receipts (SDRs) for 35 underlying securities listed in Thailand, Hong Kong and Indonesia.\nThe revisions introduce flexibility for handling share splits or consolidations by allowing the depository to adjust either the number of SDRs or their underlying ratios so each receipt continues to represent a whole number of shares, with any rounding fractions retained by the depository.\nIn the Form of Master, the current requirement to update a physical schedule when SDR balances change will be replaced with notification “in such manner as requested by the SDR holder,” supporting changes to the conversion process.\nPhillip Securities stressed that the amendments will not cancel or impair any beneficial owner’s entitlement to, or right to withdraw, the deposited property. 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