
About 4,600 investors hit with erroneous Central Depository account statements
Blame it on human error.
Around 4,600 investors received erroneous May 2015 Central Depository (CDP) printed account statements, according to Singapore Exchange.
SGX said in a release that under 1% of about 460,000 May 2015 statements sent out were erroneous due to human error in the printing process.
SGX is re-issuing the printed statements, and the corrected statements should reach all affected accountholders by Tuesday, 16 June 2015.
“We are working with our print vendor to address the matter. We wish to assure our CDP accountholders that their shareholdings are unaffected. Our sincere apologies for causing any inconvenience and concern to our customers,” said Tim Utama, Chief of Operations and Technology.