He will provide us with his bank approved POA. The trade will be done in HSBC HK. It would be easier if we have an account in HSBC HK, where the trader can arrange the monetisation with the bank. If not it will take longer time or we monetise it by ourselves. The proceed can be transferred to SGP.
Depending of the nature of the cash funds, wither blocked funds or instrument may be used for monetisation..
The procedure has been discussed earlier.