solistice
OP
:
The exercise will comprise a private placement of between 209,315,000 new units to 215,054,000 new units at an issue price of between SG$1.860 and SG$1.911 apiece, and a non-renounceable preferential offering of up to 163,410,175 new units to existing eligible unitholders at an issue price of between SG$1.82 and SG$1.87 each.
snoopy123
:
The issue price per New Unit under the Preferential Offering has been fixed at S$1.84 per New Unit. A total of 159,109,907 New Units will be issued under the Preferential Offering, on the basis of 37 New Units for every 1000 existing Units.
solistice
OPsnoopy123
:
i haven’t try applying excess rights on moomoo. But tiger brokers don’t accommodate excess rights application. Have u tried on moomoo?
solistice OP : The exercise will comprise a private placement of between 209,315,000 new units to 215,054,000 new units at an issue price of between SG$1.860 and SG$1.911 apiece, and a non-renounceable preferential offering of up to 163,410,175 new units to existing eligible unitholders at an issue price of between SG$1.82 and SG$1.87 each.
solistice OP : From past experience, you can’t subscribe to extra rights via moomoo
snoopy123 : The issue price per New Unit under the Preferential Offering has been fixed at S$1.84 per New Unit. A total of 159,109,907 New Units will be issued under the Preferential Offering, on the basis of 37 New Units for every 1000 existing Units.
solistice OP snoopy123 : yeah. Saw the fixed price 1.84 Gonna end up with oddshares if you take up the full entirety
hhan90 solistice OP : cannot ah? too bad. better not to buy reit on moomoo then
snoopy123 solistice OP : think can apply for excess shares to round up odd lots...
solistice OP snoopy123 : i haven’t try applying excess rights on moomoo. But tiger brokers don’t accommodate excess rights application. Have u tried on moomoo?
snoopy123 solistice OP : just a follow up post to share that i was able to subscribe to the rights plus excess shares via moomoo..