27 Aug '16, 2am

My Mapletree Commercial Trust Preferential Offering Results: As you guys may have known previously that I applied…

As you guys may have known previously that I applied for Mapletree Commercial Trust Preferential Offerings here . On 19 Aug 2016, they released the results of the Preferential Offering here, I was thinking, wow 50% oversubscribed, guess I won’t be getting much. Today I got a mailer from SGX about my application results! That being said, I checked my bank account the day when the units started trading (based on the phrase in the instructions “unsuccessful rights get refunded up to 14 day”) and saw a refund of $1378.82. That equates to about 971 rights, priced at $1.42, unallocated to me. I applied for 4344 rights, so means I got 3373 rights! Yay! :D Considering I have 2027 shares, I now have a total of 5400 shares. :D More than double my position :D A good thing because I wish to increase my stake (cheaper too!) . That …

Full article: http://thefinance.sg/2016/08/27/my-mapletree-commercial-t...

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