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Cache right issue
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subaru
Senior |
12-Oct-2017 12:42
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i think the amount of excess given is related to the amount of your entitlement. |
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angmohlin
Veteran |
11-Oct-2017 14:19
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Goldfinger, you are more lucky than me, I have also applied 50k excess rights but I only got 1.8k excess rights. The Manager should come to clean the mystery and whether any unjust enrichment by the Manager. | ||
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Goldfinger
Supreme |
11-Oct-2017 12:45
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U r lucky - I applied for 50k excess and only got 2.5k excess rights. I also have a big existing position.
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subaru
Senior |
11-Oct-2017 09:32
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The excess I got is only 29.6% of my entitlement. I am entitled to 6480, and I applied 6520 excess out of which I only got 1920. Bros, can share? | ||
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angmohlin
Veteran |
10-Oct-2017 21:09
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Based on what I get and If not wrong the distibution of excess rights was based on 50% of the entitlement i.e. if you are entitled for 2000 units then you shall get 1000 units of excess rights. The Manager should very open to unitholfders on how they distribute the excess rights. The authorities have also very lacking in control on this matter. Someone should bring this matter up to the stock exchange. | ||
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Goldfinger
Supreme |
10-Oct-2017 19:23
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That's quite high - how many excess did you apply for?
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subaru
Senior |
10-Oct-2017 18:16
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x 0 Alert Admin |
I got 29% of excess rights applied. What about your acceptance % ? | ||
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angmohlin
Veteran |
10-Oct-2017 12:56
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Thanks, already in. Unfortunately I got so little of excess rights. The Manager has not publish how they distibute the excess rights and no transparency at all. Who have audit the distribution of excess rights. | ||
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ShowMeMoneyp
Member |
10-Oct-2017 08:52
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x 0
x 0 Alert Admin |
Check again. It' s in. | ||
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angmohlin
Veteran |
09-Oct-2017 22:46
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x 0
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It seems the Central Depository has failed to credit the right issue to CDP account by today. | ||
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