just spoke to cimb broker, they will give instructions when the time comes.
can sell/buy oddlots via broker, can apply for special rights to round up oddlots.
the ex-date for rights entitlement is 24 feb which means last date to get the rights is to buy on 21 feb.

impt dates:


This post has been edited by AVFAN: Feb 19 2014, 04:45 PM

No. As long as the entity is not a company, there is no witholding tax.

But if buy on 21 Feb need 3 working days to complete transaction, so too late , right?

i wud think if buy on 21 feb, u either sell or pay up by feb 26, 3 working days.
on 27 feb, if paid up, the rights will be entitled, can sell them if u wish as the trading of rights starts that day.

2 more days to buy, closing today 1.40.
looks good to get the rights and exercise them at 1.08.

do most singaporeans rent their accommodation or try to own one like Malaysians??

wat has that got to do with sg reits?

just wondering whether to invest in housing REITs, to gauge the demand.

For those with CDP account and address is outside of Singapore, the right issue address has to be Singapore address to receive the document.

Login to CDP online, under My Profile->”View & Update Profile”, there are the below addresses:

1) Mailing Address
2) Residential Address
3) Rights Mailing Address -
If you're maintaining foreign mailing address, you will need to provide a Singapore rights mailing address in order to receive documents for rights issue.

So to receive right issue docs, update No 3 above...

.

This post has been edited by gark: Feb 20 2014, 06:23 PM

Usually REITS own properties to be rented to businesses, like shopping mall, warehouse, office.
(these guys don't mind paying huge rent)
Some REITS own hotels.
Very few REITS (service apartment) actually rent to normal individuals.

Me, considering selling off rights issue as do not want to be saddled with odd units. As Singapore 1 lot = 1000 units.
Unlike M'sia 1 lot = 100 units.

As for the online form.. hv no idea where it is.
If anyone found the link, pls share ya....

Dateline to update CDP with Singapore add for AIM SAMP rights if not mistaken is before 24 Feb 2014.

Usually i just sell off the rights, and re-buy more units later, less hassle.

can and shud buy oddlots rights, exercise them. such exercises usually end up nice gain.

expecting price 0.20+1.08 = 1.28, still 8-10 cents to gain assuming eventual reit price 1.36-1.38.

ok, 7 for 40 isn't that much but still a bonus...

more so now sgd at 2.61, not too bad rate to pay. later, 2.63, 2.65...!

transaction cost?
Forex Cost?
All hv to cost in...

SGD is now 2.64 65 already lor... I hv been monitoring past few days to transfer funds...
did not budge from the 2.64 ; 2.65.

Subscribe to rights in SG is very messy and not worth the effort... i rather sell the rights.

Well depend if there is anyone who want to go through all the rights issue. If nominee account then much easier...

This post has been edited by gark: Feb 20 2014, 06:25 PM

ya, i was speaking for nominee acc holder. they told me it's no hassle.

Can i ask how can i invest in sg?
Do i need a sg broker?

transact costs.. yes always there, but i still expect gain.

2.64-2.65? seriously, if yr conventional bank charge higher, do via dbs, not nominee/trustee, right?

i been buying n paying last few days. cimb trustee rate 2.62-2.625 only. today rate should be 2.615 only.

can do via cimb trustee acc. think mbb, pbb, hlb also.

which broker r u using?

Rhb punya OSK