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 M Reits Version 7, Malaysia Real Estate Investment

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frankzane
post Nov 26 2023, 04:36 PM

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Hi,

May I know how we can sell fractional shares in REITS? Got the reinvestment offer from AXIS but not sure if it is worth considering.

Any advice is appreciated.
frankzane
post Dec 17 2023, 05:08 PM

On my way
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Junior Member
664 posts

Joined: Dec 2006


QUOTE(Cubalagi @ Nov 29 2023, 09:49 AM)
Malaysia doesnt have fractional shares yet..so what you got is likely odd lots. A lot is 100 shares.

You sell odd lot shares at the odd lot market..usually at huge discounts. Check your broker.
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Wouldn't reinvestment will result in fractional shares? Not necessarily end with odd lots?

 

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