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ABCs Securities Company Limited 8 13 13/F Fairmont House, 8 Cotton Tree Drive, Central, Hong Kong Tel: (852) 2868 2183 Fax : (852) 2868 0320 Standing Instruction for the Scrip Option in lieu of Cash
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How to fill out scrip option standing instruction
How to fill out scrip option standing instruction
01
To fill out scrip option standing instruction, follow these steps:
02
Obtain the necessary form or document from the appropriate financial institution.
03
Fill in your personal and account details in the designated fields.
04
Specify the scrip option standing instruction you wish to set up, such as the frequency and amount of investment.
05
Provide any additional information or instructions, if required.
06
Review the completed form for accuracy and completeness.
07
Sign and date the form as required.
08
Submit the filled-out form to the financial institution through the specified channel, such as in person, by mail, or electronically.
09
Keep a copy of the completed form for your records.
10
Wait for confirmation from the financial institution regarding the activation of the scrip option standing instruction.
Who needs scrip option standing instruction?
01
Scrip option standing instruction is typically needed by individuals or investors who wish to invest in stocks or securities through a systematic and automated approach.
02
It is useful for those who want to regularly invest a fixed amount or a specific percentage of their income in specific stocks or securities.
03
The standing instruction helps streamline the investment process and eliminates the need for manual intervention for each investment transaction.
04
This option is especially beneficial for long-term investors who prefer a disciplined approach to portfolio building and wealth accumulation.
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