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Hongkong Land USD Post Reply Rate topic
subaru Senior	25-May-2021 14:25        subaru About Contact  Quote this Post!
x 0   x 0  Alert Admin	i think so, since i don' t want to pay TT charge. B1985M      ( Date: 25-May-2021 13:52) Posted: Thanks everyone! Yes you are right there will be a TT charge and there?s no longer any cheque payment. Is the best thing to do for the next time to opt for currency conversion? subaru      ( Date: 21-May-2021 12:15) Posted: my understanding is (by talking to CDP) there is no more cheque payment. The USD div is in your acc with CDP. How to take out? CDP can TT to you, that will incur a charge.  CDP also will not credit the USD directly into your bank acc, even if it is a mutli-currency acc
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B1985M Member	25-May-2021 13:52        B1985M About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks everyone! Yes you are right there will be a TT charge and there?s no longer any cheque payment. Is the best thing to do for the next time to opt for currency conversion? subaru      ( Date: 21-May-2021 12:15) Posted: my understanding is (by talking to CDP) there is no more cheque payment. The USD div is in your acc with CDP. How to take out? CDP can TT to you, that will incur a charge.  CDP also will not credit the USD directly into your bank acc, even if it is a mutli-currency acc. B1985M      ( Date: 21-May-2021 09:24) Posted: Hi, I opted to receive my dividend in USD but have not received it. Is anyone also still waiting for theirs?
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subaru Senior	21-May-2021 16:47        subaru About Contact  Quote this Post!
x 0   x 0  Alert Admin	default mode is USD. shermianz      ( Date: 21-May-2021 16:38) Posted: just checked mine too. both HKL and dairyfarm dividends not in since 12 May. I didnt opt in or out of anything, what happened huh?
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shermianz Member	21-May-2021 16:38        shermianz About Contact  Quote this Post!
x 0   x 0  Alert Admin	just checked mine too. both HKL and dairyfarm dividends not in since 12 May. I didnt opt in or out of anything, what happened huh?
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Singpost Master	21-May-2021 13:49        Singpost About Contact  Quote this Post!
x 0   x 0  Alert Admin	no worries on divident ..  why the share never go up?
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subaru Senior	21-May-2021 12:15        subaru About Contact  Quote this Post!
x 0   x 0  Alert Admin	my understanding is (by talking to CDP) there is no more cheque payment. The USD div is in your acc with CDP. How to take out? CDP can TT to you, that will incur a charge.  CDP also will not credit the USD directly into your bank acc, even if it is a mutli-currency acc. B1985M      ( Date: 21-May-2021 09:24) Posted: Hi, I opted to receive my dividend in USD but have not received it. Is anyone also still waiting for theirs?
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SamWong Senior	21-May-2021 11:36        SamWong About Contact  Quote this Post!
x 0   x 0  Alert Admin	MY GUESS : OFFER TO PRIVATIZE SOON. DELIST. THEN IPO IN HK. I HAVE FEELING JARDINE WANT TO RETURN BACK TO HK. THAT SIDE MORE BUOYANT. JUST LIKE HORSE RACING. HK HORSE RACING THINK 1 WEEK = SPORE HORSE RACING 1 YEAR REV. Some one told me that. Yet to confirm. DYODD
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ichiban Member	21-May-2021 10:10        ichiban About Contact  Quote this Post!
x 0   x 0  Alert Admin	my advise is to call the registrar that you have not rec your cheque dvd n ask them to reissue. normally the cheque would arrive latest3 days from payment date which is 12/05 this year. hope this works. ichiban      ( Date: 21-May-2021 10:05) Posted: my advise is......that your cheque is lost in the mail...call the registrar n say you have not rec. your cheque dvd.....it cannot be so late as payment is 12/5. i used to rec my usd cheque 2 to 3 days at the latest. B1985M      ( Date: 21-May-2021 09:24) Posted: Hi, I opted to receive my dividend in USD but have not received it. Is anyone also still waiting for theirs?
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ichiban Member	21-May-2021 10:06        ichiban About Contact  Quote this Post!
x 0   x 0  Alert Admin	k B1985M      ( Date: 21-May-2021 09:24) Posted: Hi, I opted to receive my dividend in USD but have not received it. Is anyone also still waiting for theirs?
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ichiban Member	21-May-2021 10:05        ichiban About Contact  Quote this Post!
x 0   x 0  Alert Admin	my advise is......that your cheque is lost in the mail...call the registrar n say you have not rec. your cheque dvd.....it cannot be so late as payment is 12/5. i used to rec my usd cheque 2 to 3 days at the latest. B1985M      ( Date: 21-May-2021 09:24) Posted: Hi, I opted to receive my dividend in USD but have not received it. Is anyone also still waiting for theirs?
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B1985M Member	21-May-2021 09:24        B1985M About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hi, I opted to receive my dividend in USD but have not received it. Is anyone also still waiting for theirs?
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SamWong Senior	18-May-2021 01:23        SamWong About Contact  Quote this Post!
x 0   x 0  Alert Admin	Usually any mo BBs like to hao lian. Can see from their horse racing pattern. But this ang mo BB doing opposite. WHY ? Think they trying to accumulate at lower prices to ? my guess : OFFER and DELIST. DYODD
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huattogether Member	17-May-2021 20:36        huattogether About Contact  Quote this Post!
x 0   x 0  Alert Admin	ok, thanks. ichiban      ( Date: 17-May-2021 14:56) Posted: elect to be paid in SGD in the blue form the co. sent to you this year. state you want all dvd to be paid in sgd n sent the form back.  huattogether      ( Date: 15-May-2021 19:53) Posted: I see " HSBCUK OBO CDP" in my statement, meaning this is CDP payment? How to elect for company payment in SGD to get better rate? Thanks for sharing.
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ichiban Member	17-May-2021 14:56        ichiban About Contact  Quote this Post!
x 0   x 0  Alert Admin	elect to be paid in SGD in the blue form the co. sent to you this year. state you want all dvd to be paid in sgd n sent the form back.  huattogether      ( Date: 15-May-2021 19:53) Posted: I see " HSBCUK OBO CDP" in my statement, meaning this is CDP payment? How to elect for company payment in SGD to get better rate? Thanks for sharing. ichiban      ( Date: 15-May-2021 12:20) Posted: The CDP payment exchange rate was v bad at 1.3145. For Dairy Farm dvd I elected the company payment . it was paid promptly on 12/5 n the rate was 1.33. i made calls to hkg land office in hkg on 13/5 when payment was not rec on 12//5. When checked with CDP yesterday, their answer was payment is within 3 working days of payment date......a glitch or fault in their system. most important was i asked why the rate was so miserable.....answer was it' s HSBC rate. totally unacceptablen was short changed by 360 sgd. Next time definitely elect the company payment in SGD
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huattogether Member	15-May-2021 19:53        huattogether About Contact  Quote this Post!
x 0   x 0  Alert Admin	I see " HSBCUK OBO CDP" in my statement, meaning this is CDP payment? How to elect for company payment in SGD to get better rate? Thanks for sharing. ichiban      ( Date: 15-May-2021 12:20) Posted: The CDP payment exchange rate was v bad at 1.3145. For Dairy Farm dvd I elected the company payment . it was paid promptly on 12/5 n the rate was 1.33. i made calls to hkg land office in hkg on 13/5 when payment was not rec on 12//5. When checked with CDP yesterday, their answer was payment is within 3 working days of payment date......a glitch or fault in their system. most important was i asked why the rate was so miserable.....answer was it' s HSBC rate. totally unacceptablen was short changed by 360 sgd. Next time definitely elect the company payment in SGD
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HappyTan Member	15-May-2021 19:22        HappyTan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Will it be better off to opt for dividend payment in USD? It will not incur exchange loss.
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marketuncle Veteran	15-May-2021 17:46        marketuncle About Contact  Quote this Post!
x 0   x 0  Alert Admin	me too!!!  subaru      ( Date: 15-May-2021 14:59) Posted: I learnt this lesson from the last div. HSBC can only earn once from each investor. ichiban      ( Date: 15-May-2021 12:20) Posted: The CDP payment exchange rate was v bad at 1.3145. For Dairy Farm dvd I elected the company payment . it was paid promptly on 12/5 n the rate was 1.33. i made calls to hkg land office in hkg on 13/5 when payment was not rec on 12//5. When checked with CDP yesterday, their answer was payment is within 3 working days of payment date......a glitch or fault in their system. most important was i asked why the rate was so miserable.....answer was it' s HSBC rate. totally unacceptablen was short changed by 360 sgd. Next time definitely elect the company payment in SGD
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des_khor Supreme	15-May-2021 15:15        des_khor About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Tell me who is God or Market Fortune Teller in this forum ??"
x 0   x 0  Alert Admin	Ya ... it only 1.31+ . ichiban      ( Date: 15-May-2021 12:20) Posted: The CDP payment exchange rate was v bad at 1.3145. For Dairy Farm dvd I elected the company payment . it was paid promptly on 12/5 n the rate was 1.33. i made calls to hkg land office in hkg on 13/5 when payment was not rec on 12//5. When checked with CDP yesterday, their answer was payment is within 3 working days of payment date......a glitch or fault in their system. most important was i asked why the rate was so miserable.....answer was it' s HSBC rate. totally unacceptablen was short changed by 360 sgd. Next time definitely elect the company payment in SGD
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subaru Senior	15-May-2021 14:59        subaru About Contact  Quote this Post!
x 0   x 0  Alert Admin	I learnt this lesson from the last div. HSBC can only earn once from each investor. ichiban      ( Date: 15-May-2021 12:20) Posted: The CDP payment exchange rate was v bad at 1.3145. For Dairy Farm dvd I elected the company payment . it was paid promptly on 12/5 n the rate was 1.33. i made calls to hkg land office in hkg on 13/5 when payment was not rec on 12//5. When checked with CDP yesterday, their answer was payment is within 3 working days of payment date......a glitch or fault in their system. most important was i asked why the rate was so miserable.....answer was it' s HSBC rate. totally unacceptablen was short changed by 360 sgd. Next time definitely elect the company payment in SGD
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ichiban Member	15-May-2021 12:30        ichiban About Contact  Quote this Post!
x 0   x 0  Alert Admin	HOW TO BE A WORLD CLASS FINANCIAL CENTRE when interest of investors are look after n allow banks to profit/skim off share investors. I cannot imagine how much HSBC had profited from this dvd  payment exercise on the exchange rate. The CDP manager told me i have no recourse to take any action n the exchange rate stays.
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