I appreciate your prompt response. Thank You very much.

Best Regards,

Yukitai

Your average price overall (excluding commissions) is (2780+2850+1.09×1800)/3800

No one can predict the price on 12th June but the last traded price was $2.54.

I was confusing the pricing ! I have 2000 mother share at $2.78 and 2.85 and I have 1800 Rights at $ 1.09, After the conversion on 12 Jun, Total I got Kepland is 3800 share, Then what is the pricing after 12 Jun ? Can You shown me how to calculate it ?
Can I trade all share( 3800) under kepland counter?

Thanks \ ‘ _ ‘ /

http://www.lioninvestor.com/keppel-land-rights-results/

Got it.
Thanks.

the crediting of the dividend scrip is not immediate. The acceptance deadline isn’t even over yet.

Why stop at 41 when you can go for 1041, 2041, 5041, 10041 or even more?

Remember that for excess rights, you are essentially applying to buy Keppel Land shares at $1.09/share.

If I can get even 1 lot of excess rights (means about 1k profit), the odd lot wouldn’t bother me too much.

Recently, I reinvested the dividend from Keppeland which was $80 and entitled to 59 shares. However, I’ve just checked my CDP account online and it was not reflected in my statement.

I was planning on applying 41 shares of ex-rights to make the no. of shares even i.e 900+41+59= 1000 shares.

My question is; how come the 59 shares is not reflected in my CDP statement?

And is my planning to make the shares into a 1000 is correct? I hope you can help me on this. I strongly believe you can help.

Thanks in advance.

nil rights trading refers to the period where the rights can be traded.

Ex-rights is something like ex-d (for dividends). It is used to determine the cut-off date of investors who will be entitled to the rights.

What is the purpose of transferring 450 shares to you?

Also, if a friend of mine who bought 1 lot b4 12 may which he may be eligible for 900 shares, then can he buy and transfer 450 to me since i have an account as well. please advise. i am a newbie. thank you.

1) You have to look at the actual price of Keppel Land (not $2.15).

It’s 2.13 vs rights which is 0.985. Buying the rights and converting it (0.985+1.09) would be slightly cheaper than buying the mother share (2.13).

2) When you apply for excess rights, you are actually applying to buy Keppel Land shares at only $1.09/share.

3) Applying for excess rights is for those who owned Keppel Land shares when it went ex-rights.