Accepted, applied and paid for Rights Units!
By Bully The Bear  •  March 10, 2014
Today I went to an ATM and exercised my rights units for AIMS AMP Capital Industrial Reits. I bought 6 lots, entitled to 1050 shares of rights units, applied 950 shares to round up my odd lots and also applied an additional amount for excess rights. All these rights entitled and applied are paid up in full (plus another $2 for the service fees) by the time I leave the ATM.


Again, the last date of exercising your rights units through ATM is 13th March 2014, 930pm. Don't miss that dateline. I've heard a horror story of someone who bought a lot of nil-paid rights off the market during the trading period, and forgot to exercise it. In the end, all the nil-paid rights expired worthless and nobody can save you. You can read this horror story here from Mr. Tan Kin Lian's blog post here.


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By Bully The Bear
La papillion is french for butterfly. This blog chronicles my journey from an amateur in the stock market to where I am today. Have I turned into a beautiful butterfly? I don't know, but I think my metamorphosis is still on-going now :)
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