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Sold Frasers Commercial Trust
By Live Rich Life Free  •  February 13, 2020
I just sold all 7,011 shares of Frasers Commercial Trust (FCOT) in SRS portfolio today on 13 Feb 2020.


I bought 6,800 shares at $1.47 in Apr 2019 and collected 4 rounds of dividends - 2 rounds in scrips dividend shares and 2 rounds in cash. Total returns in 10 months is $2.1k or 21%.
Main reason for selling is due to the merger with Frasers Logistics & Industrial trust (FLT) . As I already own 12,000 shares of FLT in CDP, I do not want another 8,644 shares of the same thing in SRS after merger. 
Another reason is that FLT do not have scrip dividend scheme, which is an inducing factor when I bought FCOT. Original intention is to collect scrip dividend shares for the long term enjoying 6.8% yield compounding and reinvestment. 
Third reason is the limited upside of FCOT till delist. Instead of waiting for the merger to complete, why...
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By Live Rich Life Free
The purpose of this blog is for me to share my reinventions of how life should be lived and journal my journey towards financial independence. I believe that life is a story book. Each chapter contains 10 years of our lives. I am moving on towards mid 30s in 2021. As a nobody but somebody, I am in Chapter 4 of my story book. I hope to influence my philosophy of living a rich life freely and healthily with all of you. Embrace the future and empower freedom!
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