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brchkho1 Master	27-Sep-2020 17:03        brchkho1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	If you paid for 49cts for the rights, these additional shares ranked the same as your existing shares. If you are holding 10k now, you will have 14,540 shares after paying up 49 cents for all your right entitlements. You want to subscribe addtional of say, 60, 160, 260 to avoid ending up with a 40 shares. bestluck09      ( Date: 27-Sep-2020 16:06) Posted: Thanks for the advice. I dont really mind dilution as I dont care about voting power. Just buying the shares for dividends. So I can still sell the rights even i choose not to subscribe it. If I subscribe it, will the rights convert into normal shares?
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shadow11 Veteran	27-Sep-2020 16:09        shadow11 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes u can sell the rights in the open market. As mention the right will be trading about 10-14c range. If u wan to exercise the rights u need to go ATM and pay 49c per share. bestluck09      ( Date: 27-Sep-2020 16:06) Posted: Thanks for the advice. I dont really mind dilution as I dont care about voting power. Just buying the shares for dividends. So I can still sell the rights even i choose not to subscribe it. If I subscribe it, will the rights convert into normal shares?
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bestluck09 Member	27-Sep-2020 16:06        bestluck09 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks for the advice. I dont really mind dilution as I dont care about voting power. Just buying the shares for dividends. So I can still sell the rights even i choose not to subscribe it. If I subscribe it, will the rights convert into normal shares?
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shadow11 Veteran	27-Sep-2020 15:22        shadow11 About Contact  Quote this Post!
x 0   x 0  Alert Admin	1) if u got 10,000 share, they will give u the rights to buy at 0.49. For every 1000, right share given to u is 455 So u need to go ATM to exercise it. Cough out money some money to exercise it. 2) if u choose not to participate. U face a lot of dilution. U can sell the rights to buy at the open market. Should be abt range 10c to 14c this range. bestluck09      ( Date: 26-Sep-2020 22:48) Posted: Hi guys, Would like to know more about this rights issue: 1. If I subscribe for it, the rights will be trade in a separate listing on sgx or it will be convert into normal shares in later date. Would like to know if it can help to average down my share price 2. If I choose not to subscribe, what will happen? Bought the shares at 0.7 cents yet price now is 0.645cents after issuing of rights. So I lost close to 8%? Hope can advise on the above.
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angmohlin Veteran	27-Sep-2020 14:13        angmohlin About Contact  Quote this Post! Style: Combined
x 0   x 0  Alert Admin	Technical summary from the Investing from 15 mins, hourly, Daily & monthly are all strong sell. To trade what you see. Caveat !
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bestluck09 Member	26-Sep-2020 22:48        bestluck09 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hi guys, Would like to know more about this rights issue: 1. If I subscribe for it, the rights will be trade in a separate listing on sgx or it will be convert into normal shares in later date. Would like to know if it can help to average down my share price 2. If I choose not to subscribe, what will happen? Bought the shares at 0.7 cents yet price now is 0.645cents after issuing of rights. So I lost close to 8%? Hope can advise on the above.
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marketuncle Veteran	22-Sep-2020 10:00        marketuncle About Contact  Quote this Post!
x 0   x 0  Alert Admin	So far my success rate on excess is about 40%. .i.e. if I' m entitled to 10,000 rights and i subscribe for 10,000 more, I' ll get around 4,000. So yes, can subscribe any amount you can afford.. but most probably not successful.
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shadow11 Veteran	22-Sep-2020 00:39        shadow11 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Heard they got a cap limit. Else everyone just buy 100 share and apply excess. brchkho1      ( Date: 21-Sep-2020 23:44) Posted: Likewise, others will take this opportunity to take up the rights at lower price if they are on  the same page as you are. Of course, they are a small numbers of shareholders somehow didn' t manage to subsribe the rights for distributions to others who ask for more. Mtan005      ( Date: 21-Sep-2020 21:39) Posted: Is it possible to buy just 100 shares of ireit and then subscribe for as much excess rights as I can? possible right?
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brchkho1 Master	21-Sep-2020 23:44        brchkho1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Likewise, others will take this opportunity to take up the rights at lower price if they are on  the same page as you are. Of course, they are a small numbers of shareholders somehow didn' t manage to subsribe the rights for distributions to others who ask for more. Mtan005      ( Date: 21-Sep-2020 21:39) Posted: Is it possible to buy just 100 shares of ireit and then subscribe for as much excess rights as I can? possible right?
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brchkho1 Master	21-Sep-2020 23:37        brchkho1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks, Bro for posting the event. Starship      ( Date: 21-Sep-2020 16:03) Posted: Event                                                                                                                                                                                          Date and Time Notice of Rights Issue Record Date to determine rights entitlements                                                                        18 September 2020 Last day of &ldquo cum-rights&rdquo trading for the Rights Issue                                                                                                      24 September 2020 First day of &ldquo ex-rights&rdquo trading for the Rights Issue                                                                                                            25 September 2020 Rights Issue Record Date                                                                                                                                                      28 September 2020 at 5.00 p.m. Lodgement of the Offer Information Statement with the Monetary Authority of Singapore (&ldquo MAS&rdquo )                            28 September 2020 Despatch of Offer Information Statement (together with the application forms) to Eligible Unitholders                    1 October 2020 Commencement of splitting and trading of Rights Entitlements                                                                                        1 October 2020 from 9.00 a.m. Last date and time of trading of Rights Entitlements                                                                                                            9 October 2020 at 5.00 p.m.  Closing Date: Last date and time for acceptance of the Rights Entitlements and payment for Rights Units(1)      15 October 2020 at 5.00 p.m.(2) (15 October 2020 at 9.30 p.m. for                                                                                                                                                                                                           Electronic Applications through ATMs of Participating Banks) Last date and time for application and payment for Excess Rights Units                                                                      15 October 2020 at 5.00 p.m.(2) (15 October 2020 at 9.30 p.m. for                                                                                                                                                                                                         Electronic Applications through ATMs of Participating Banks) Last date and time for acceptance of and payment by the renouncee (3)                                                                        15 October 2020 at 5.00 p.m. (15 October 2020 at 9.30 p.m. for                                                                                                                                                                                                         Electronic Applications through ATMs of Participating Banks) Expected date of the issuance of the Rights Units                                                                                                                22 October 2020 Expected date for commencement of trading of Rights Units on the SGX-ST                                                                23 October 2020
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Azure1984 Member	21-Sep-2020 23:21        Azure1984 About Contact  Quote this Post! Style: Combined
x 0   x 0  Alert Admin	possible, but it is unlikely they will give you all the excess rights you subscribed. Priority is given for rounding of odd lots Mtan005      ( Date: 21-Sep-2020 21:39) Posted: Is it possible to buy just 100 shares of ireit and then subscribe for as much excess rights as I can? possible right?
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Mtan005 Member	21-Sep-2020 21:39        Mtan005 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Is it possible to buy just 100 shares of ireit and then subscribe for as much excess rights as I can? possible right?
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laksaman57 Supreme	21-Sep-2020 18:47        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	https://www.google.com/amp/s/www.euronews.com/amp/2020/09/19/new-restrictions-issued-in-madrid-as-covid-19-cases-in-spain-increase-by-14-000 "New restrictions come into force in Madrid as Spain battles rise in COVID-19 cases ... It comes as the country's total number of cases increased by more than 14,000 on Friday with Spain seeing the largest outbreak in Europe in recent weeks."
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Starship Supreme	21-Sep-2020 16:03        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	Event                                                                                                                                                                                          Date and Time Notice of Rights Issue Record Date to determine rights entitlements                                                                        18 September 2020 Last day of &ldquo cum-rights&rdquo trading for the Rights Issue                                                                                                      24 September 2020 First day of &ldquo ex-rights&rdquo trading for the Rights Issue                                                                                                            25 September 2020 Rights Issue Record Date                                                                                                                                                      28 September 2020 at 5.00 p.m. Lodgement of the Offer Information Statement with the Monetary Authority of Singapore (&ldquo MAS&rdquo )                            28 September 2020 Despatch of Offer Information Statement (together with the application forms) to Eligible Unitholders                    1 October 2020 Commencement of splitting and trading of Rights Entitlements                                                                                        1 October 2020 from 9.00 a.m. Last date and time of trading of Rights Entitlements                                                                                                            9 October 2020 at 5.00 p.m.  Closing Date: Last date and time for acceptance of the Rights Entitlements and payment for Rights Units(1)      15 October 2020 at 5.00 p.m.(2) (15 October 2020 at 9.30 p.m. for                                                                                                                                                                                                           Electronic Applications through ATMs of Participating Banks) Last date and time for application and payment for Excess Rights Units                                                                      15 October 2020 at 5.00 p.m.(2) (15 October 2020 at 9.30 p.m. for                                                                                                                                                                                                         Electronic Applications through ATMs of Participating Banks) Last date and time for acceptance of and payment by the renouncee (3)                                                                        15 October 2020 at 5.00 p.m. (15 October 2020 at 9.30 p.m. for                                                                                                                                                                                                         Electronic Applications through ATMs of Participating Banks) Expected date of the issuance of the Rights Units                                                                                                                22 October 2020 Expected date for commencement of trading of Rights Units on the SGX-ST                                                                23 October 2020
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Starship Supreme	21-Sep-2020 15:14        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	To demonstrate its support for IREIT and the Rights Issue, each of Tikehau Capital SCA (&ldquo Tikehau Capital&rdquo ), City Strategic Equity Pte. Ltd. (&ldquo CSEPL&rdquo ) and AT Investments Limited (&ldquo AT Investments&rdquo ) has respectively provided the Undertakings (as defined herein) to the Manager to subscribe for an aggregate of 291,405,597 Rights Units, which is the total number of Rights Units available under the Rights Issue. Details of the Undertakings are set out in paragraph 2.3 of this Announcement. The provision of the Undertakings from Tikehau Capital, CSEPL and AT Investments will result in the subscription of all unsubscribed Rights Units remaining after the fulfilment of valid excess Rights Units applications by other Unitholders for the same under the terms of the Rights Issue, and accordingly, the Rights Issue will not be underwritten by a financial institution. No commission or fee will be paid to Tikehau Capital, CSEPL and AT Investments in consideration of the Undertakings. The joint lead managers for the Rights Issue are Credit Suisse (Singapore) Limited and DBS Bank Ltd. (the &ldquo Joint Lead Managers&rdquo ). For the avoidance of doubt, the Rights Issue is not underwritten by the Joint Lead Managers.
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Starship Supreme	21-Sep-2020 14:51        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	I don' t understand this at all. Wouldn' t existing holders benefit fm this Rights as our holding cost per share would become much lower? And what abt existing shareholders whose cost is also 49c (bought during the crash March crash) ?  Is it a good or bad deal for them? angmohlin      ( Date: 19-Sep-2020 16:02) Posted: The price of rights issue of $0.49 is 5.15% higher than the illustrative price of $0.466 in the last announcement. The aforesaid acquisition are not DPU yield accretive to existing unitholders but will only benefits the 3 substantial unitholders. Have sold off my holding.
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Starship Supreme	21-Sep-2020 14:43        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	Good idea fm u. I was fretting over the odd number of shares I would be stuck with after ex-Rights. So, I shall also apply excess rights to round off my shares to multiples of 1000.  Azure1984      ( Date: 21-Sep-2020 12:44) Posted: Yes, I will be participating. Probably going to apply for excess rights as well. Their last rights issue was also at a huge discount at 0.468 in 2015. So technically, you are already in profit the moment you get your rights share, given the theoretical ex-rights price of S$0.655 per Unit. Their Spain portfolio has room for further DPU increase if they increase their occupancy and raise their rental rate when tenents renew their lease. However, it remains to be seen if they are able to raise their rental given this pendemic period. Increasing their occupancy is more likely in my opinion given Brexit as company shift out of Britian, they may want to relocate to Spain.  Laurenpanna      ( Date: 19-Sep-2020 09:04) Posted: Anyone see the announcements? Rights at 0.49/unit 454 rights for every 1000 units Would u all be participating?
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Starship Supreme	21-Sep-2020 14:38        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	Alamak, so many Clown Stocks in SGX Circus declaring Rights during this corona pandemic.
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Azure1984 Member	21-Sep-2020 12:44        Azure1984 About Contact  Quote this Post! Style: Combined
x 0   x 0  Alert Admin	Yes, I will be participating. Probably going to apply for excess rights as well. Their last rights issue was also at a huge discount at 0.468 in 2015. So technically, you are already in profit the moment you get your rights share, given the theoretical ex-rights price of S$0.655 per Unit. Their Spain portfolio has room for further DPU increase if they increase their occupancy and raise their rental rate when tenents renew their lease. However, it remains to be seen if they are able to raise their rental given this pendemic period. Increasing their occupancy is more likely in my opinion given Brexit as company shift out of Britian, they may want to relocate to Spain.  Laurenpanna      ( Date: 19-Sep-2020 09:04) Posted: Anyone see the announcements? Rights at 0.49/unit 454 rights for every 1000 units Would u all be participating?
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angmohlin Veteran	21-Sep-2020 11:32        angmohlin About Contact  Quote this Post! Style: Combined
x 0   x 0  Alert Admin	Really drop to 69 & below. So dirty trick. May drop to 67.5 & below soon. Caveat. angmohlin      ( Date: 19-Sep-2020 16:42) Posted: I opine that someone purposely to push up the price to 73 cents to show and to induce that the rights issue 32.9% discount from the last closing price before announcement. So from Monday onward the price may drop back to 69.5/69 cents. After all, this is not a DPU yield accretive rights issue. DYODD.
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