How do I know what is the issue price of the DBS Singapore STI ETF during the IPO period?
DBSAM will determine the actual issue price of the Units and the number of Units to be allotted to each investor 3 Business Days after the close of the Initial Offering Period. Any excess monies paid by an investor will be refunded to the investor’s DBS or POSB bank account (as the case may be) by no later than 5.00pm on the fifth Business Day after the close of the Initial Offering Period.