As you guys may have known previously that I applied for Mapletree Commercial Trust Preferential Offerings here.
On 19 Aug 2016, they released the results of the Preferential Offering here, I was thinking, wow 50% oversubscribed, guess I won't be getting much.
Today I got a mailer from SGX about my application results!
That being said, I checked my bank account the day when the units started trading (based on the phrase in the instructions "unsuccessful rights get refunded up to 14 day") and saw a refund of $1378.82.
That equates to about 971 rights, priced at $1.42, unallocated to me.
I applied for 4344 rights, so means I got 3373 rights! Yay! :D
Considering I have 2027 shares, I now have a total of 5400 shares. :D
More than double my position :D
A good thing because I wish to increase my stake (cheaper too!).
That ......
