Apparently I’m not the only one short on cash last month, as three of my counters were issuing rights. First up, I oversubscribed IREIT’s rights issue , and I was alloted 55% of the amount I wanted to subscribe for.  Contrasting this to 2009, where I subscribed fully to Frasers Commercial Trust’s rights offer. However, back then, I subscribed fully to the shares, as compared to now, where I oversubscribed for the units. Moving on… The next rights issue was for OUE C-REIT, which I took a small position on: Interestingly, I was given less than half of what I subscribed (My total number of units before the rights exercise is 10% after the rights was allocated), and my average price ended up being close to the TER (theoretical ex-rights) price, with the remaining amount refunded to me. Two friends of mine also own OUE C-REIT, and they both reported similar ......