Comments on: CCT Rights Issue

By: lioninvestor

lioninvestor — Mon, 17 Aug 2009 10:56:33 +0000

Hi guppy,

Just have to make sure you have the correct number of nil-paid rights in your CDP before selling them.

Normal brokerage fees apply when selling. This is done like selling a normal stock via the exchange.

By: guppy

guppy — Mon, 17 Aug 2009 10:21:34 +0000

Great to have found your site. It cleared up pretty much of my doubts. If not, I would have done nothing and lose my rights Anyhow, I’m curious how the “nil paid” trading works. A person with the mother share is entitled to the rights and can sell it over the counter right? Is there anything this person need to do first to trade the rights? Does he pay anything to sell the rights?

By: lioninvestor

lioninvestor — Sun, 05 Jul 2009 13:07:32 +0000

Hi Kay,

$0.59 is for converting the given rights to shares.

By: Kay

Kay — Sun, 05 Jul 2009 10:06:28 +0000

So $0.59 is for the shares not the rights?
thanks!

By: lioninvestor

lioninvestor — Sun, 05 Jul 2009 09:17:34 +0000

Hi Kay,

For CCT?

All the rights have already been allocated and converted to shares. Those who own the rights and did nothing would have lost their rights.

By: Kay

Kay — Sun, 05 Jul 2009 09:06:54 +0000

When do the rights expire?

By: alice

alice — Fri, 03 Jul 2009 03:11:03 +0000

hi lion investor and noob,

saw the rights share in CDP account this morning. and got the refund this morning as well.

own 4 lot mothershare, got 1 lot excess rights out of 10 lots applied.

thanks,
alice

By: lioninvestor

lioninvestor — Thu, 02 Jul 2009 23:20:14 +0000

Hi Alice,

If you have an online CDP account, you can check the status.

https://www1.cdp.com.sg/web33/scdcint/main/logon.do

Another way is to check how much money was refunded to you.

By: noob

noob — Thu, 02 Jul 2009 15:41:23 +0000

Like to know too..
it says “expected date of issue of rights units: 2 July”
But I still don’t see it in my CDP account.

By: alice

alice — Thu, 02 Jul 2009 09:17:32 +0000

“Expected date of trading of Rights Units : 3 July 2009″

hi… does anyone know when can check our cdp account for the excess rights application result?

thanks,
alice