For more than 600,000 Singaporeans, a significant part of financial history is moving from trustee-managed “vaults” to personal “wallets”. recent announcement He Singapore Telecom Limited (SGX:Z74) (Singtel) Special Concessionary Shares (SDS) will be transferred from the CPF Board to Individual Central Depository (CDP) accounts marking the culmination of a 30-year legacy. For long-term investors, this is more than an administrative update – it’s a strategic crossroads: Is it time to liquidate a position, or dividend engine Remain a vital component of the wealth-creation machine?
“6x Returns” Case Study: The Reward of Patience
CPF Board and Singtel’s data serves as a masterclass long term agreement. An average SDS holder who invested about S$2,000 in the 1990s now has shares worth about S$6,800. More importantly, these investors have cumulatively raised S$5,000 dividend over the decades. In this scenario, the dividend alone has compensated for the initial capital outlay and compensated for the “foregone” CPF interest…
