I always avoid using money in my SRS or CPF accounts to buy stocks of companies which I think might need to do equity fund raising in future. So, no REITs or business trusts, for examples.
Here are a couple of conversations I had recently:
Hi, AK,
this is the first time i'm writing, and I'm hoping you can spare a few minutes to share your knowledge and experience with me.
background
i bought a counter through my CPF-IS long ago, and I have maxed out my CPF-IS. this counter has an on-going rights issue (190 for every 100 owned). i would like to sell the rights (as i don't have the "capacity" in my CPF-IS to buy the rights.
question
assuming i owned 2000 shares, do i sell 2000 rights, or 3800 rights?
i tried asking my broker, but my broker doesnt seem to know the answer.
I know you have ......