IGB Reit offering price RM1.25

Which means Kasset will not go > RM9.00

Currently at RM8.60, we have less than 5% premium in between.

For every 1000 shares of Kasset, you'll get 5,240 shares.

Everything is in the Prospectus. Kindly read up.

@wongmunkeong

Yes boss, at RM9, Kasset is breakeven aka RM1.25

(RM9000 - RM2430) / 5240 Share = RM1.2538

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Current price is RM9.16, also equal to IGB REIT at RM1.284

Only 1 reason that I can think of why people still go after Kasset even it is > RM9 now :- You buy Kasset now, you'll get IGB Reit share for sure, rather than playing tikam on IPO day.

LOL at wongmunkeong being called lazy

As gskow said,

- IGb reits listed on 19.9
- Capital repayment of RM2.43 per share will be returned to Kasset shareholder (estimated by March 2013, or earlier)
- Kasset delisted

Axis Reit RM3.00 soon.

Axis Reit continues to expand portfolio
http://www.theedgemalaysia.com/insider-asi...portfolio-.html

Hassle free on collecting rentals & etc. Money automatically banked in

I read that from 2013 onwards all Reits will be Single Tier, is that right?

Reits tax is 10%, while ordinary share is 25%.

From 2013 onwards, the tax is factored in to our DPU aka we're on Single Tier.

Back in 2008/09 la.

Old timer reunion.

The disposal of Kayangan Depot should be able to add in extra 1.3c DPU for shareholders.

Am holding too little for re-investing, not enough to buy 100 shares also

So, nay.

Insider Asia blog about Qcap, UOAreit & Amfirst.

http://www.theedgemalaysia.com/insider-asi...eld-chase-.html