He received $100,000

PHOTO: He received $100,000

Private school operator Winson Choo, 49, was among the investors SGX managed to track down.

He received a phonecall from SGX about three months ago. At stake: An estimated $100,000 dividends.

Mr Choo told The New Paper: "I was very surprised when they reminded me. I'm just a small fry."

He knew about the money but was "too lazy" to do anything about the accumulated dividends. Paralysed after suffering a stroke in 2002, the Serangoon North resident also found it a hassle to deposit cheques.

"There are no facilities in my estate. I have to take a cab to Ang Mo Kio Central for the quick cheque deposit service," he said.

After applying for the Direct Crediting Service, Mr Choo's money was credited into his account within the week. He intends to park the money in a foreign currency account.

"It feels wonderful to get back my money after so many years. The staff did a good job."


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