Sreits yields is higher but the only setback is the charges, its charge twice for bokerage (SG+MY) and the divvy still have to deduct admin charges ...... BUT open an account from SG then it will be perfectly fine. 

Sreits yields is higher but the only setback is the charges, its charge twice for bokerage (SG+MY) and the divvy still have to deduct admin charges ...... BUT open an account from SG then it will be perfectly fine. 

My brokerage is approx 1.13% for trades.

For divs i am charged around Rm5

Hows that compared to Msia bearing in mind tax rate for divs is 10%...

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Added on March 13, 2012, 10:54 amStill unsure about this

Are dividends from Real Estate Investment Trusts(REITs) taxable?
In Msia, the divs are already taxed at source at 10%.
The divs in Singapore are not taxed.

What i mean is that the divs are essentially income.

So will i be taxed 25% if my normal tax bracket is at that range?

Haha. Open ended is usually for unit trust which have limitless units where managers can keep adding units to it. Closed-ended is for stocks listed on the exchange where the units is limited and it's subject to supply and demand. When less people want the stock, price will go down. If many people want the stock, price will go up. 

Willing to buy below 1.3. 

Mind to share on the opening of an account in SG? 

On top of that, will the yield be higher compared to M'sia? Thanks.

i hold 1000 SG REIT which few days ago paid a dividend of 1.01 cents however when i check the account i only get a net amount of 10 cents.does CIMB charges $10 for admin fees for dividend (cross border trading)

Any idea which brokerage house offers nominee/pledge acc with low/nil 'maintainance fees' in SG ?

IMHO the income derived from a Tax free source is not taxable. Yes it's still an income but its from a tax free/tax withhold source.

it's not advisable to buy 1000 units ....... at least 3000 units will be more ideal imho...... after deducted the admin fees will be penny..... not to forget the brokerage charges were high and does not worth the in investment point of views....... 

13-Mar-2012 M2e - eDividend via CMS HEKTARRE

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) 

AMFIRST REAL ESTATE INVESTMENT TRUST (AmFIRST REIT OR THE FUND)

(I)  PROPOSED RENOUNCEABLE RIGHTS ISSUE ON THE BASIS OF THREE (3) NEW UNITS IN
AmFIRST REIT FOR EVERY FIVE (5) EXISTING UNITS IN AmFIRST REIT (UNITS) AT AN
ENTITLEMENT DATE TO BE DETERMINED LATER (PROPOSED RIGHTS ISSUE); AND

(II)  PROPOSED INCREASE IN THE EXISTING APPROVED FUND SIZE OF AmFIRST REIT OF
429,001,000 UNITS TO 686,401,600 UNITS (PROPOSED INCREASE IN FUND SIZE)
(COLLECTIVELY REFERRED TO AS THE PROPOSALS)

What does this mean ?
If I owned 5 units of AMFIRST, I will get extra 3 units ?
Do I have to pay for the 3 new units ?

Yes
you have to pay for it, if not willing to pay, you can sell it to the market which the right issue right will be traded about 2 weeks.

Will the 3 new units be sold to me at below market rate or at market rate ?
If I don't buy it, these 3 units will be traded at market price, right ?

It should be slightly below that existing market price.

If you don't wish to buy, you can sell it, it will be traded under like Amfirst-OR, something like that.
If you don't sell it, it will cease/expire.

In your opinion do you think the divd yield will be effected if the shareholder don't subscribe to the Rights  ?

Really depends whether the funds raised from the rights issue are put to good use, does it not?

If the company squanders it, then your divs will reduce........

If they increase profits by proper investment, then your divs will increase

In this case the proceeds will be used for the purpose of "pare down the existing borrowing" as what the co has announced. So what do you think ?

Then you have to ask them WHY?

Are they saving from the interest payments or what?

If so how much are they saving?

Thanks mate. 

i will try to clarify with my tax consultants.

My Divs are quite a bit......dont want to get it wrong

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Added on March 14, 2012, 7:57 am
You keep on sayin brokerage is HIGH. Whats HIGH?
What are you paying?

  Don't really own Amfirst so i don't think i will pursuit till calling/writing to the management asking them why. just asking the forumers here if some might happend to know for general knowledge

RM 90 / transaction ...... much more higher than Bursa btw i'm using osk what about yours? got cheaper alternative ahhh