Shares & Derivatives
How did IREIT Global’s rights issue turn out for AK?
By A Singaporean Stockmarket Investor (ASSI)  •  August 14, 2015
I wasn't interested in IREIT Global's IPO but I was interested in IREIT Global as it owns freehold commercial properties in Germany and has big name tenants. So, I have been keeping an eye on it, hoping to get in at a price that I thought would be able to deliver an attractive enough distribution yield that is more sustainable at the same time. When IREIT Global planned a rights issue, I thought it was an opportunity to have a nibble. I came up with a strategy which I shared here in my blog on 3 July 2015. The plan was to possibly secure a distribution yield greater than the 8% promised at IPO when units were offered at 88c a piece. The plan involved the application for excess rights to round up odd lots. To read more about the strategy, please see related post at the end of this blog post......
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By A Singaporean Stockmarket Investor (ASSI)
Have a more secure financial future in an uncertain world by creating a stream of reliable passive income with high yields.
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