Hi AK With the recent rights issue of Ascott reit, i read that the DPU and NAV per unit will most likely drop after this event. Can you share your thoughts about this(the reason for this rights issue)?

Declining DPU. Source: HERE.

Hi AY, I don't like Ascott Residence Trust. I don't have this. They are always raising funds but I don't see performance improving. If you want to read more about rights issue, here are some of my blogs you might be interested in: 1.http://singaporeanstocksinvestor.blogspot.sg/2011/10/reits-and-rights-issues-dilutive-or-not.html 2.http://singaporeanstocksinvestor.blogspot.sg/2010/09/reits-simply-explained.html 3.http://singaporeanstocksinvestor.blogspot.sg/2011/11/reits-and-rights-issues-singaporean.html I feel that unit holders would have been better off without the acquisitions and the mega rights issue. Reference: "Ascott Reit unit holders will have the option of purchasing up to 481.7 million rights units at a ratio of 29 rights units for every 100 units they own. The rights units will be issued at 91.9 cents - a 21.5 per cent discount to the closing price of $1.17 per ......