This is an absolute beauty!
If you look on AMAL's books, I own 362081 shares.
Here's the rub. They are in scrip form. They have become lost!
I went to Singapore, to Boardroom Services to enquire after them and was given a convoluted course of action, to follow, which I found unsatisfactory.
AMAL's official story is that they were posted to me and hence are officially missing.
Furthermore, even if I was successful in obtaining them, I cannot sell them or move them on, unless I open a bank account in Singapore, an account in CPB and only then, can I convert them into scripless shares.
Wow.
As a foreigner, I cannot open a bank account in Singapore, unless there is minimum balance of $250 000 AND undergo rigorous financial scrutiny. Apparently Singapore is a haven for money laundering.
So here's my question:
If I just sit back and wait, will the shares fall into my lap, or will they dissolve into the abyss, on the SGX?
Thanks.
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