Singapore Index Fund amends trust deed to add electronic transfers, phase out cheques from Oct. 1, 2026
Reuters2026/09/11 09:43Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Singapore Index Fund amended its trust deed via a 13th amending and restating deed dated Sept. 11, 2026.
- Payments to unitholders may shift to telegraphic or electronic transfers; cheque issuance will cease from Oct. 1, 2026.
- Managers and trustee can adopt other payment methods, subject to applicable laws or regulations.
- Bank charges for telegraphic transfers of realisation proceeds will be borne by unitholders, including transfers made through the Depository.
- Managers are not responsible for ensuring payment by the Depository to the relevant unitholder under the revised payment mechanics.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Singapore Index Fund published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 5CBTWQIL095L7B4B) on September 11, 2026, and is solely responsible for the information contained therein.
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