Thanks to a reader, I'm alerted to two new counters in SGX that is listed but not traded yet. These are the rights counter set up to allow holders of AIMS AMP Capital Industrial reit to trade their rights issues.
They are AIMS R (counter code: TZ7R) and AIMS R25 (TZ8R). AIMS R should have a board lot size of 1000 shares and AIMS R25 should have a board lot size of 25 shares. With the R25, any holders who don't want to hold odd lots can trade to buy/sell enough 25 shares to round up their holdings. The only thing that is not clear is whether there'll be another counter after the whole rights issue ended, with board lots of 25 shares, just to allow odd lotters to round up their shares after knowing their success with the excess rights application.
The problem with the R25 or the R (Read more...)...