Singapore: Holiday due to polling day
Clearstream Banking1 informs customers that effective
10 July 2020
an election will be held in Singapore (polling day) and in accordance with Section 35 of the Parliamentary Elections Act, it will be a public holiday.
Impact on customers
Customers are reminded to take note of this holiday since banks, securities exchanges and central securities depositories will be closed. There will be no market settlement, cash transfers or asset servicing (corporate actions and/or income payment) on that date. External securities and cash instructions received for settlement date or value date on 10 July 2020 will be processed on the next business day (13 July 2020).
For further information, please contact Clearstream Banking Client Services or your Relationship Officer.
1. Clearstream Banking refers collectively to Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Trade and Companies Register under number B-9248, and Clearstream Banking AG (for Clearstream Banking AG customers using Creation Accounts), registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500.