Shares & Derivatives
Boring Weekend Musing: Rights and Wrongs
By Passive Income Farmer  •  October 29, 2016
Keppel DC Reit is on a buying spree this year.  The Milan DC, the Cardiff DC and now a Singapore DC (Keppel Datahub 2). A rights issue for Keppel DC Reit is coming in November.  It is a preferential offering of 274 new units for every 1,000 units held for an issue price of $1.155. Initially there was not much "meat" in the offer as it is just about 5% discount to its current price then.  But Keppel DC Reit's price has gone up since the news and now the discount is closer to 10%. I have collected $300+ dividends from Keppel DC Reit, but I guess I have to return all and more for this rights issue.  Well, I am on the accumulation phase, so it is alright for me.  You always need to ......
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By Passive Income Farmer
40 years old Singaporean, wanting to add more passive streams of incomes.
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