06 Dec '11, 12am

LMIR: Excess rights.

It seems that LMIR’s management has the same approach towards excess rights as First REIT’s management. Smaller unitholders would see more of their application filled compared to larger unitholders. I make this statement after exchanging notes with some friends and readers. For me, excess rights alloted as a percentage of the units I was holding before the rights issue is about 17%. A friend’s percentage is closer to 80% and he has much less invested in the REIT than I do… Read the full article → Related posts:First REIT Excess Rights Results: I got 2750 excess rights! Applying for First REITs rights today at ATM Investment Moats Dividend Stock Portfolio Update Dec 2010

Full article: http://thefinance.sg/2011/12/05/lmir-excess-rights/

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