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prophetjul Master	18-Mar-2021 10:49        prophetjul About Contact  Quote this Post!
x 0   x 0  Alert Admin	Mighty glad i sold at 73.5 in August 2020. Cannot wait for this unscrupulous managers to drag on.  pkli899      ( Date: 18-Mar-2021 09:56) Posted: Possible if they keep dragging the delisting. laksaman57      ( Date: 18-Mar-2021 09:54) Posted: Will they slowly wipe out the remaining nav thru mgr fee 🤔
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laksaman57 Supreme	18-Mar-2021 10:25        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Prudent to avoid all these foreign properties reit in future.
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pkli899 Supreme	18-Mar-2021 09:56        pkli899 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Possible if they keep dragging the delisting. laksaman57      ( Date: 18-Mar-2021 09:54) Posted: Will they slowly wipe out the remaining nav thru mgr fee 🤔
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laksaman57 Supreme	18-Mar-2021 09:54        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Will they slowly wipe out the remaining nav thru mgr fee 🤔
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JerryMaple Veteran	17-Mar-2021 21:30        JerryMaple About Contact  Quote this Post!
x 0   x 0  Alert Admin	Starship Bro..when can we get our last trance ?Can help email them to ask hehe.. Starship      ( Date: 17-Mar-2021 20:36) Posted: MONTHLY VALUATION OF ASSETS AND UTILISATION OF CASH  For Feb (as at 28 Feb) in SGD       Management fee payable to Trustee-Manager _________ 5,000 Liquidation related expenses    ____________________ 13,000  Other trust related expenses _____________________ 78,000  Total expenditures ____________________________ 96,000 Net assets attributable to unitholders of AGT**_____ 23,807,000    Net asset value per unit of AGT (Based on 1,099,122,000 Units in issue) __      2.17 cents
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Starship Supreme	17-Mar-2021 20:36        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	MONTHLY VALUATION OF ASSETS AND UTILISATION OF CASH  For Feb (as at 28 Feb) in SGD       Management fee payable to Trustee-Manager _________ 5,000 Liquidation related expenses    ____________________ 13,000  Other trust related expenses _____________________ 78,000  Total expenditures ____________________________ 96,000 Net assets attributable to unitholders of AGT**_____ 23,807,000    Net asset value per unit of AGT (Based on 1,099,122,000 Units in issue) __      2.17 cents
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laksaman57 Supreme	17-Mar-2021 20:11        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	March distribution 🤔 Starship      ( Date: 03-Jan-2021 16:20) Posted: AAGTM had filed a Notice that Claimants may file their Claims to AGTM by 31 Jan 2021. So it looks like we' ll not get our final distribution before Feb !!!!! Which also means we' ll be paying AGTM exhorbitant management fees for Dec 20, Jan 21 and even Feb 21 !!!!!
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Starship Supreme	02-Mar-2021 15:35        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	MONTHLY VALUATION OF ASSETS AND UTILISATION OF CASH  For Jan (as at 31 Jan) in SGD Divestment related expenses            ________________ 25,000      Management fee payable to Trustee-Manager _________ 2,000 Other trust related expenses _____________________ 21,000  Total expenditures ____________________________ 49,000 Net assets attributable to unitholders of AGT**_____ 23,855,000    Net asset value per unit of AGT (Based on 1,099,122,000 Units in issue) __  2.17 cents  http://accordiagolftrust.listedcompany.com/newsroom/20210215_171714_ADQU_JV19X91R631HG2J6.1.pdf
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Starship Supreme	27-Jan-2021 15:27        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	MONTHLY VALUATION OF ASSETS AND UTILISATION OF CASH  For Dec (as at 31 Dec) in SGD Divestment related professional fees________________ 1,000      Management fee payable to Trustee-Manager _________ 2,000 Other trust related expenses _____________________ 50,000  Total expenditures ____________________________ 53,000 Net assets attributable to unitholders of AGT**_____ 23,916,000    Net asset value per unit of AGT (Based on 1,099,122,000 Units in issue) __  2.18 cents  **This does not take into account expenses up to the delisting of AGT, which includes but is not limited to statutory fees, listing expenses, tax liabilities and on-going operating and winding up expenses of AGT. The net assets attributable to unitholders of AGT will be reduced from any such on-going additional expenditure. https://links.sgx.com/FileOpen/AGT-Monthly%20Valuation%20of%20Assets%20and%20Utilisation%20of%20Cash%20v3-15%20Jan%202021.ashx?App=Announcement& FileID=645267   Starship      ( Date: 03-Jan-2021 15:22) Posted: All the golf courses have already been sold, so why are we still paying the Trustee-Manager hundreds of thousands of S$ in fees every month???  For Nov (as at 30 Nov) in SGD Divestment related professional fees________________ 103,000      Management fee payable to Trustee-Manager _________ 346,000 Other trust related expenses _____________________ 30,000  Total expenditures ____________________________ 479,000 Net assets attributable to unitholders of AGT_____ 23,885,000    Net asset value per unit of AGT (Based on 1,099,122,000 Units in issue) __ 2.17 cents  http://accordiagolftrust.listedcompany.com/newsroom/20201216_171615_ADQU_1P02NRRGMVDOSL0R.1.pdf Starship      ( Date: 16-Nov-2020 15:26) Posted: For Sep (as at 30 Oct)      Divestment related professional fees_____________  2,898,000      Divestment fee payable to Trustee-Manager________ 1,237,000 Management fee payable to Trustee-Manager_______ 1,005,000 Other trust related expenses_____________________ 223,000  Total expenditures___________________________5,363,000 Net assets attributable to unitholders of AGT______ 66,093,000 Net asset value per unit of AGT ________________ 6.01 cents For Oct (as at 31 Oct) Divestment related professional fees________________ 12,000      Management fee payable to Trustee-Manager ________ 609,000 Other trust related expenses _____________________ 191,000  Total expenditures ____________________________ 812,000 Net assets attributable to unitholders of AGT_____ 65, 572,000 Net asset value per unit of AGT _______________ 5.97 cents  (does not include 3.84c to be paid on 27 Nov)
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Starship Supreme	03-Jan-2021 16:20        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	AAGTM had filed a Notice that Claimants may file their Claims to AGTM by 31 Jan 2021. So it looks like we' ll not get our final distribution before Feb !!!!! Which also means we' ll be paying AGTM exhorbitant management fees for Dec 20, Jan 21 and even Feb 21 !!!!!
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Goldfinger Supreme	03-Jan-2021 15:28        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks - I suppose one cent estimate. Starship      ( Date: 03-Jan-2021 14:57) Posted: Final residual distribution likely this month.  Goldfinger      ( Date: 03-Jan-2021 14:26) Posted: Is there any more payments expected for this empty Trust?  There were supposed to be 3 payments, but we only received 2???
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Starship Supreme	03-Jan-2021 15:22        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	All the golf courses have already been sold, so why are we still paying the Trustee-Manager hundreds of thousands of S$ in fees every month???  For Nov (as at 30 Nov) in SGD Divestment related professional fees________________ 103,000      Management fee payable to Trustee-Manager _________ 346,000 Other trust related expenses _____________________ 30,000  Total expenditures ____________________________ 479,000 Net assets attributable to unitholders of AGT_____ 23,885,000    Net asset value per unit of AGT (Based on 1,099,122,000 Units in issue) __ 2.17 cents  http://accordiagolftrust.listedcompany.com/newsroom/20201216_171615_ADQU_1P02NRRGMVDOSL0R.1.pdf Starship      ( Date: 16-Nov-2020 15:26) Posted: For Sep (as at 30 Oct)      Divestment related professional fees_____________  2,898,000      Divestment fee payable to Trustee-Manager________ 1,237,000 Management fee payable to Trustee-Manager_______ 1,005,000 Other trust related expenses_____________________ 223,000  Total expenditures___________________________5,363,000 Net assets attributable to unitholders of AGT______ 66,093,000 Net asset value per unit of AGT ________________ 6.01 cents For Oct (as at 31 Oct) Divestment related professional fees________________ 12,000      Management fee payable to Trustee-Manager ________ 609,000 Other trust related expenses _____________________ 191,000  Total expenditures ____________________________ 812,000 Net assets attributable to unitholders of AGT_____ 65, 572,000 Net asset value per unit of AGT _______________ 5.97 cents  (does not include 3.84c to be paid on 27 Nov)
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Starship Supreme	03-Jan-2021 14:57        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	Final residual distribution likely this month.  Goldfinger      ( Date: 03-Jan-2021 14:26) Posted: Is there any more payments expected for this empty Trust?  There were supposed to be 3 payments, but we only received 2???
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Goldfinger Supreme	03-Jan-2021 14:26        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	Is there any more payments expected for this empty Trust?  There were supposed to be 3 payments, but we only received 2???
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Starship Supreme	22-Nov-2020 17:32        Starship About Contact  Quote this Post!
x 0   x 1  Alert Admin	Can' t wait to close this chapter for good.............. permanently!!
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Starship Supreme	16-Nov-2020 15:26        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	For Sep (as at 30 Oct)      Divestment related professional fees_____________  2,898,000      Divestment fee payable to Trustee-Manager________ 1,237,000 Management fee payable to Trustee-Manager_______ 1,005,000 Other trust related expenses_____________________ 223,000  Total expenditures___________________________5,363,000 Net assets attributable to unitholders of AGT______ 66,093,000 Net asset value per unit of AGT ________________ 6.01 cents For Oct (as at 31 Oct) Divestment related professional fees________________ 12,000      Management fee payable to Trustee-Manager ________ 609,000 Other trust related expenses _____________________ 191,000  Total expenditures ____________________________ 812,000 Net assets attributable to unitholders of AGT_____ 65, 572,000 Net asset value per unit of AGT _______________ 5.97 cents  (does not include 3.84c to be paid on 27 Nov)
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pkli899 Supreme	16-Nov-2020 14:49        pkli899 About Contact  Quote this Post!
x 0   x 0  Alert Admin	U referring to the coming payment? If so, means we get only 74.5 cents in total! FrankFrankie      ( Date: 16-Nov-2020 14:35) Posted: Could the cash proceed paid out be the final divestment fees?
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FrankFrankie Member	16-Nov-2020 14:35        FrankFrankie About Contact  Quote this Post! Style: Combined
x 0   x 0  Alert Admin	Could the cash proceed paid out be the final divestment fees?
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pkli899 Supreme	16-Nov-2020 14:30        pkli899 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Precisely.......authority should look it. Starship      ( Date: 16-Nov-2020 14:07) Posted: But why is the Trustee Manager paid such an exhorbitant sum each month when There' s Nothing Left To Manage??  pkli899      ( Date: 16-Nov-2020 13:54) Posted: Accordia paying out 2nd tranch of 3.84c on 27th Nov. Today they published monthly usuage of cash for Oct 20. Checked thru 2 reports (Sep & Oct). Summary of total cash used as below: Diverstment expenses/professional fee = $4,826,000 Trust expenses                                      = $437,00 Management Fee to Trustee-Manager  = $1,614,000 Balance cash is $65,572,000. Equivalent to 5.97c per share. (This is before 3.84c to be payout later this month. Less that means balance is 2.13c) Above is only 2 months of expenditure. How long more to go before delisting? 2 months and the Management fee & Trust expenses already added up to 2.05m! This is excessively high IMO. If this go on till delisting, we will have very little left for our 3rd & final tranch payout! I envisage we will probably get around 1 cent only. If that is the case, the total amount we get will be less than 76 cents (75.5 cents). This was what I predicted. So angry and frustrated.
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Starship Supreme	16-Nov-2020 14:07        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	But why is the Trustee Manager paid such an exhorbitant sum each month when There' s Nothing Left To Manage??  pkli899      ( Date: 16-Nov-2020 13:54) Posted: Accordia paying out 2nd tranch of 3.84c on 27th Nov. Today they published monthly usuage of cash for Oct 20. Checked thru 2 reports (Sep & Oct). Summary of total cash used as below: Diverstment expenses/professional fee = $4,826,000 Trust expenses                                      = $437,00 Management Fee to Trustee-Manager  = $1,614,000 Balance cash is $65,572,000. Equivalent to 5.97c per share. (This is before 3.84c to be payout later this month. Less that means balance is 2.13c) Above is only 2 months of expenditure. How long more to go before delisting? 2 months and the Management fee & Trust expenses already added up to 2.05m! This is excessively high IMO. If this go on till delisting, we will have very little left for our 3rd & final tranch payout! I envisage we will probably get around 1 cent only. If that is the case, the total amount we get will be less than 76 cents (75.5 cents). This was what I predicted. So angry and frustrated.
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