RM1.23 is the Rights Issue price for HEKTAR
RM1.25 is the IPO Price for IGB REIT....

The HEKTAR Rights Subscription Form (RSF) and Provisional Allotment Notice will be mailed to your CDS address from 5 Sep 2012. Usually closing date is 19 September 2012 @ 5:00pm.
The Stock Short Name, Number and ISIN Code [ HEKTAR-TR, 5121TR and MYL5121TR000 ] respectively
Issue price of RM1.23 per Rights Unit

Important Dates to take note

0) Rights EX-Date : [29 August 2012 ]

1) The HEKTAR-TR Rights commence of trading : [ 4 September 2012 ] until [ 10 September 2012 @ 5:00pm ]

2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer : [ 5 September 2012 ]

3) The last day and time for Acceptance, Renunciation and Payment : [ 19 September 2012 @ 5:00pm ]


This post has been edited by ronnie: Aug 17 2012, 07:24 AM

IGB REIT IPO

Board : Main Market
Offer Price : RM1.25 (indicative issue price)

An indicative timetable for the Offering is set out below:
Date Event
23-08-2012 Opening date and time for the Retail Offering
28-08-2012 Opening of the Institutional Offering
30-08-2012 Closing date and time for the Retail Offering
04-09-2012 Closing of the Institutional Offering
04-09-2012 Price Determination Date
05-09-2012 Balloting of applications for Offer Units pursuant to the Retail Offering for the Malaysian Public portion
18-09-2012 Transfer of Offer Units to successful applicants
19-09-2012 Listing of IGB REIT on the Main Market

Distribution Policy: Distribution Income on a half-yearly basis
Type: Retail
Assets:
1. Mid Valley Megamall (Completed on 1999)
2. The Garden Mall (Completed on 2007)

Total market capital: RM 4,250 million
Total units upon listing: 3.4 billion
KrisAssets: 2730 million units (80.3%)
Total new units offer: 670 million units (19.7%)

From the total new offering:
Institutional: 469 million units (13.8%)
Reserved: 167 million units (4.9%)
Retail Public: 34 million units (1%)

This post has been edited by ronnie: Aug 21 2012, 11:57 PM

I will play RM1 tikam with IGB REIT....

RM1 is the e-IPO subscription fee lah

Maybe katesamsung has some insider news.... keep encourage us to buy KASSETS

I don't really understand why need to "encourage" to invest in KASSETS

We monitor REIT on when Dividends are paid to you...

On the EX-date, the REIT price will be "adjusted" (usually downwards).

Once the EX-Date, the HEKTAR price will be adjusted.

You don't buy HEKTAR-TR @ RM1.23, you buy HEKTAR-TR @ price to be calculated between Mother Share - Rights Issue Price.
Eg. Mother Share : RM1.40, HEKTAR-TR : RM0.17

To buy Rights Issues, you need to buy the Rights @ RM0.17 per share + pay RM1.23 per share

This post has been edited by ronnie: Aug 21 2012, 12:19 AM

You are right... so It doesn't really matter if you sell the existing shares first and buy Rights Issue second.
You need to calculate brokerage charges vs Rights Subscription Charges (like postage, stamp duty)

If HEKTAR-TR(rights) is @ RM0.15, then it could worth buying more Rights to buy Rights Issue

Can still wait for more bullets to shoot at the IGB REIT IPO....

Just received my TWRREIT e-Dividend today in my bank account

Do you mean the e-Dividend is the egg, while the REIT is the goose ?

I'm using Jupiter Securities and receive e-Dividend into my Maybank account.

Mine also first time... I believe Maybank nominee CDS account is normally slower. (as Maybank wants to earn some interest on your hard earned dividend first)

Check tomorrow... last date to apply for IGB REIT IPO is 4 Sep 2012... what's the hurry ?

Payment Date = 28 August 2012 for STAREIT Dividends... still waiting anxiously.

Which bank your e-Dividend creditted into ?

I confirmed STAREIT e-Dividend is in Maybank (Direct CDS account) ...at 3.27pm it wasn't in yet.

This post has been edited by ronnie: Aug 28 2012, 04:27 PM