Reverse Stock Split (1 for 3) wef 17 June 2010 for Ocean Freight Inc.
New Stock Symbol : OCNFD

Please note that there is a reverse stock split on 17 June 2010 at 1 for 3. For more details, kindly refer to the company website

Note : 
i)   No adjustment will be made to clients' iOCBC portfolio page for this reverse split
ii)  Client will need to manually adjust the quantity for his iOCBC portfolio, refer iOCBC User Guide for adjustment of your iOCBC portfolio 

iii) Client is advised not to sell base on the quantity reflected in iOCBC portfolio page

Do ensure that you have computed your new holdings prior to submission of your sales orders. Any oversold positions by client will be constituted as "Short Selling" and subjected to buying-in and you will be responsible for any losses incurred.

For example :
Original holdings : 1000 shares
New holdings after reverse stock split : 333 shares
 
Updated on 18 June 2010

The Electronic Trading Service is provided on an “as is”, “as available” basis only and subject to the Standard Trading Terms and Conditions.

Disclaimer

OCBC Securities Private Limited ("OSPL") operates as an "execution-only" broker. Accordingly, OSPL does not provide advice/recommendation on whether the trading of securities and/or a particular investment product is suitable for its clients. The information provided herein is intended for general circulation/discussion purposes only and may not be published or circulated (in whole/in part) without our written consent. It does not take into account the specific investment objectives, financial situation or particular needs (collectively “Objectives”) of any particular person. Please seek advice from a financial adviser regarding the suitability of any investment product taking into account your Objectives before making a commitment to purchase the investment product. If you choose not to seek independent financial advice, please consider whether the product in question is suitable for you. This does not constitute an offer/solicitation to buy/sell/subscribe for investment products or to participate in any particular trading or investment strategy. The proposed transaction (if any) is subject to the final expression of the terms in the definitive agreement/confirmation. No representation or warranty whatsoever in respect of any information provided herein is given by OCBC Securities. OCBC Securities shall not be liable for any loss or damage whatsoever arising directly/indirectly as a result of any person acting on any information provided herein.