I also have the stock with BOCHK, which doesn't give me the option to subscribe to additional stocks in lieu of the cash dividend.
I guess you get what you pay for.
@john_1122 - checked with a couple of people including an RM at a bank similar to yours.
- Stock will be delivered to your acct
- WHT will be deducted from your existing cash from designated fulfilement account
- RoC and other WHT payments will be made once the tax docs are filled by the issuer
Last edited by shri; 09-07-2020 at 12:36 PM.
Don't you end up with odd stock lots which are difficult to sell later if you go for these options? Thats why I always go for the default cash option. That, and also the fact I can't be arsed picking up the phone and actually doing something.