The technics building is supposed to be master leased for 15 years (at time of buying the property), when they default it has still 13 years of master lease left. With such long master lease period usually the valuation of the building is very high (when purchased), now the drop will be very very drastic. Also the land lease tenure is left with 21 years only.

This post has been edited by gark: Feb 17 2017, 12:00 PM

No, but you are selling your 'option' to subscribe more shares at lower price.

Here is a link to learn more rights issue context in SG

https://www.martinlee.sg/understanding-rights-issues/

https://www.martinlee.sg/rights-and-their-q...e-implications/

No one says direct stock investing is easy..

This post has been edited by gark: Feb 17 2017, 12:47 PM

Yes, as long as you can fill in the form, mail it and transfer money (cashier's order) to the registra account.

Better to use nominee account.

If you cannot subscribe the rights, there is a way to more or less manually subscribe the rights but you pay a bit extra (in terms of arbitrage and trading cost).

1. Get your rights share
2. Sell your rights share near to the (theoretical ex right price - rights price)
3. Use money to buy new shares from market

Example, $1 share, 1:1 rights issue at $0.8, you have 1000 shares. Theoretical ex right will be $0.90

You get 1000 units of rights shares, sell it at $0.1, and then buy 1000 units at market at $0.9. Your cost will be ($0.9-$0.1=$0.8, same as right price)

More or less the same as subscribing to the rights, in theory at least.

This post has been edited by gark: Feb 17 2017, 04:29 PM

I think can be done.. but a bit more complicated. You can use cashier's check or ATM to pay.

DBS will auto sell off the rights shares only if the rights is going to expire. (7 days)

If sold cannot fill in the form.. this one maybe you need to check with DBS.

IMHO it is better to use a nominee account.

This post has been edited by gark: Feb 17 2017, 04:35 PM

Depend on your broker.. some auto sell, some wont.

Both nominee less hassle, DBSV and MKE (prefunded)

Now mostly just trade with MKE

This post has been edited by gark: Feb 17 2017, 05:07 PM

Rights trading period is always 7 days only...

why not use nominee account? Easier.. can just text remiser to subscribe...

FYI, I open my MKE at westgate mall very fast and open on weekends. My assigned broker is leslie toh, very responsive, he also got account at lowyat.

Advice, suggestion, tips, report and question all free. Only if you ask them to buy and sell on your behalf they charge brokerage (higher than online rate)

But they are also cari makan, so please dont abuse.

This post has been edited by gark: Feb 19 2017, 02:16 PM

No need maybank account, MKE can link directly to your DBS account.

This post has been edited by gark: Feb 20 2017, 10:16 AM

Yes, it will link to your DBS account for ESP (Electronic payment for shares)

Divvy is banked back to trust if nominee, if CDS they bank to bank account.

Good REIT, good management, but too little yield..

The management has done a good job, in fact the REIT has posted non stop DPU increase for many years..but still the yield is too low for my appetite.

Yes, if this reit can reach >5.8% can consider buying.. otherwise I will stick to First Reit...

This post has been edited by gark: Feb 21 2017, 01:44 PM

Ok lah, this one has very long wale.. so in bad times you will still receive steady dividends. Less risk compared to other higher yielding reits.

HKSE = No witholding tax.

SGX = No witholding tax until 2020 for REITs unless MAS extend the regulation period

This post has been edited by gark: Feb 21 2017, 02:09 PM

Until March 2020 to be precise..

http://sbr.com.sg/commercial-property/news...ntil-march-2020

MKE can buy direct from HKSE, quite competitive rates too.

I am still surveying HKSE dividend investing... looking for targets.

This post has been edited by gark: Feb 21 2017, 02:15 PM