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Bought 3 x M5 socket screw caps from Fan Sheng (located along King George's Ave, opposite People's Assoc HQ).

They will need to be tapped by a hammer to affix. Try to use a piece of cloth while tapping to prevent damage on your M5 socket screw leading track.
Now the 5" Skywatcher OTA has become tool free collimation tube!

The distance between each cap is about 10mm. But due to the spaces around the 3 x screws, most fingers can access and turn the screws without much trouble or fear of getting stuck inbetween the screws.
Each plastic cap costs $1.50; one M5 socket screw costs about $0.70.