| Latest Forum Topics / CapitaLand |
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Capitaland
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josemmm123
Master |
06-Sep-2021 21:04
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but settlement is T+2, as long as I have the shares in my CDP on T+2 day, then CDP is able to debit the shares from my CDP account, not considered short liao right? For example I know I going to get my shares at 12.01am on Friday. Then I sold on Thursday. CDP will only debit from my CDP account the shares on Monday , by then I have the shares already. OR CDP will check on Thursday after market close whether I have the shares in my CDP account regardless of whether I will receive the shares on Friday 12.01am? If this is the case, then ya, short sell liao..
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Kandee
Senior |
06-Sep-2021 20:54
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If you sell without owning the shares first, you become short seller liao....![]()
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josemmm123
Master |
06-Sep-2021 20:09
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anyway is ok. as long as the LAST HURDLE the court approval is crossed. Congrat everyone... think all potential obstacles are cleared.   
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Adrianinsing
Elite |
06-Sep-2021 20:02
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Only date for delisting CapitaLand is 100% confirmed  Other dates including crediting and listing are subject to change  Above is according to CapitaLand today 
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Adrianinsing
Elite |
06-Sep-2021 19:56
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Sell your CLI to me please 😊 😊 | ||||
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josemmm123
Master |
06-Sep-2021 19:46
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Safest way is to sell on 20 September ... but if u want to get rid of CICT then 17 September sell will avoid the selling pressure IF ANY. I think most shareholders want to keep both CLI and CICT for dividends :)
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Adrianinsing
Elite |
06-Sep-2021 19:34
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I guess must be correct  | ||||
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josemmm123
Master |
06-Sep-2021 19:18
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but the latest time schedule is 17 september starts trading odds lot .. i dun think is a mistake. Becos by 17 september we will get our CICT, so settlement is T+2 days, so even if u only get our CICT on Monday, still enough time. eg: We sell CICT on Friday, Tuesday morning CDP will deduct from our CDP account. By tuesday morning we should have CICT shares already. We can even try selling on Thursday becos on Monday they will deduct our CICT shares from our CDP account and assuming 17 September Friday we get our CICT shares as promised.
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Adrianinsing
Elite |
06-Sep-2021 19:09
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Correct  CLI traded from Monday  CLIT odd lots may change to Monday as they are not credited until Friday  |
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josemmm123
Master |
06-Sep-2021 19:03
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![]() 1) Odd lots start trading 17 September,. I assume is for CICT. 2) CLI shares start trading on 20 September, both full  and Odd lots. ==> I can sell my CICT on 17 September. But question is can i sell on 15 or 16 September since clearance is T+2 days
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Adrianinsing
Elite |
06-Sep-2021 18:55
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Cash payment and crediting now changed to Friday 17th September  | ||||
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Adrianinsing
Elite |
06-Sep-2021 18:52
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Monday 20th September is first day that CapitaLand shareholders who receive CLI and CICT can sell their shares | ||||
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josemmm123
Master |
06-Sep-2021 18:42
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Just to clarify, We can  sell CICT shares on the 17th September since the CICT shares will be credited by 17th September. This one should be ok.. but can we sell our CICT on the 15th September since the settlement is T+2 days?  Any expert?   |
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josemmm123
Master |
06-Sep-2021 18:36
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2. COURT APPROVAL OF THE CAPITAL REDUCTION AND COURT SANCTION OF THE SCHEME The Company wishes to announce that the Court has approved the capital reduction and sanctioned the Scheme today. Subject to the satisfaction (or, if applicable, waiver) of all Scheme Conditions in accordance with the terms of the Implementation Agreement, the DIS and the Scheme shall become effective and binding upon lodgement of the Capital Reduction Court Order and the Scheme Court Order with the Accounting and Corporate Regulatory Authority of Singapore (&ldquo ACRA&rdquo ). 3. RECORD DATE Notice is hereby given that the transfer books and the register of members of the Company will be closed at 5.00 p.m. on 14 September 2021 in order to determine the entitlements of the Scheme Shareholders in respect of the DIS and the Scheme. 4. LAST DAY OF TRADING OF THE SHARES The Company wishes to inform Shareholders that the last day of trading of the Shares will be on 9 September 2021 and that trading of the Shares will be suspended on and from 9:00 a.m. on 10 September 2021.  Yes.. the last piece of uncertainity is removed :) Cheers everyone. This announcement is pointing middle finger to someone who threatened that the court may/will reject the scheme :)
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Adrianinsing
Elite |
06-Sep-2021 17:55
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" The Company wishes to inform Shareholders that the last day of trading of the Shares will be on 9 September 2021 and that trading of the Shares will be suspended on and from 9:00 a.m. on 10 September 2021"
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Adrianinsing
Elite |
06-Sep-2021 17:53
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CapitaLand announced Court Approved it " The Company wishes to announce that the Court has approved the capital reduction and sanctioned the Scheme today"
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invest8
Senior |
06-Sep-2021 17:39
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For sure, never follow others blindly..  ![]()
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Adrianinsing
Elite |
06-Sep-2021 17:32
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I think u make ur own decisions  Avoid following others  You need to decide based upon your conviction and affordability 
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invest8
Senior |
06-Sep-2021 17:23
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CL today closing $4.09 equivalent to CLI implied consideration $2.82 CLI implied consideration stated by CL is $2.823 So if one is bullish on CLI listing introductory day, isn' t it better to buy CL now? If CLI to surge and outperform on introductory day, share price likely to be higher than $2.823?
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Adrianinsing
Elite |
06-Sep-2021 16:58
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As mentioned, they plan (as do I) to buy more CLI on first trading day as they expect an announcement that CLI will join STI and MCSI index    to replace CapitaLand- one or two days after CLI starts trading - ( as that type of announcement  usually comes after a few days of trading )    - which will further boost   the  CLI stock. Most are  buying CapitaLand  purely for the CLI shares to be honest    and they plan to be long term.
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