Shares & Derivatives
Cambridge Industrial Trust: Excess rights results.
By A Singaporean Stockmarket Investor (ASSI)  •  April 15, 2011
I checked my savings account and saw the partial return of funds used in the acceptance of rights and application of excess rights in Cambridge's rights exercise.
In total, I have 4 lots of rights units: 2,125 accepted rights and 1,875 excess rights. Add this to the initial 17 lots which I bought at 51c per unit, I have 21 lots now at an average price of 49.46c per unit. Let's just round it up to 49.5c per unit. With a DPU of 4.84c, post rights, that's a distribution yield of 9.78%. Related post: Cambridge Industrial Trust: Going for excess rights....
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By A Singaporean Stockmarket Investor (ASSI)
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2 Comments

2 responses to “Cambridge Industrial Trust: Excess rights results.”

  1. Derek Lim says:

    Just to add, you can also check your rights allocation in your CDP account.

    Cheers!

  2. AK71 says:

    Hi Derek,

    If you dunno by now, I am one of the least IT savvy person I know. :(

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