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 M Reits Version 7, Malaysia Real Estate Investment

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fergie1100
post Aug 3 2015, 10:28 PM

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any views from sifu-sifu sekalian on the recent subdivision of AXREIT? 1 split into 2 so that senang goreng? tongue.gif
fergie1100
post Oct 23 2015, 11:13 PM

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just wanna ask if i have 2000 units of AXREIT & after the last round of subdivision,i shud get 4000 (2k ori + 2k sub-divide) shares in total or 6000 shares (2k ori + 4k sub-divide)?
under my e-statement from bursa.... i get 4k shares credited.... then - 2k credited... balance i got 4k shares only
whereas i got the notice of allotment from registrar saying i was allotted 4k shares? so shud it b 4k or 6k i have in the end (including my initial 2k shares) i'm confused.... lol...
fergie1100
post Oct 23 2015, 11:24 PM

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QUOTE(wil-i-am @ Oct 23 2015, 11:18 PM)
Post sub-division, yo total shares shld b 4,000 shares ony
*
but the entitlement description is like this wor.... "Unit split involving the subdivision of every one (1) existing unit in Axis Real Estate Investment Trust...........into two (2) units in Axis-REIT ("Subdivided Units")" tongue.gif
& also the notice from registrar is 4k quantity...
& the statement from bursa shows:
2k + 4k = 6k then 6k -2k = 4k
is there a mistake or there's sumthing i missed? tongue.gif tongue.gif
sorry ar... particular a bit... even though i knew the price is adjusted to 50% less.....
fergie1100
post Oct 23 2015, 11:41 PM

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hahahha... thanks guys for the explanation... england memang failed here blush.gif
& when i saw my Bursa statement from 2k become 6k then 4k again i get even more confuse doh.gif doh.gif

 

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