On the first trading day of 2020, I was "forced" or rather "enticed" to make the first purchase of the year. It is a very small top up for the largest hospitality trust in Asia Pacific - Ascott Trust!

After Capitaland merged both Ascott Reit and Ascendas Hospitality Trust, Ascott will acquire all A-HTrust units for S$1.0868 per unit, comprising S$0.0543 in cash and 0.7942 Ascott REIT-BT units issued at a price of S$1.30.

My 9000 shares of Ascendas HTrust was converted to 7147 shares of Ascott Trust at the ratio of 0.7942 and compensated with $488.70 in cash on 31 Dec 19.

Then the good news came from the Ascendas HTrust managers. Free Brokerage for odd lots trading in the New Ascott Trust from 2 Jan 2020 to 31 Jan 2020.



I placed my order for 53 shares in the morning and then got it partially filled at 1.32. So before the market closed,...