Settelment Process

_______________________________________________________________

The settlement period differs with the category of shares. For A-category, B-category, G-category and N-category, the settlement period is T+2 days (transaction date + Two working days) for both buying and selling of shares. For Z-category shares, the settlement period is T+9 days. For a stock traded in the spot market, the settlement period is T+0 day for all categories of share. The settlement process is done mutually by our house (NRBC Bank Securities Ltd) and the custodian bank at DVP (Delivery VS Payment).