Today is 7th November 2023 which is the much anticipated dividend in specie disbursement of Keppel REIT units for Keppel Corp shareholders. For those holding their Keppel Corp shares in nominee beneficiary accounts in trust and not their own CDP account, do check with your respective stockbroker in case of administrative screw up. I would also like to touch base on a dry topic of how should one record the cost of these free Keppel Office REITs unit- those who are not interested can just skipped point 2 below.
1. Shares held in Trust (Non-CDP trading account).
I was rather impressed with Tiger Brokers which has an impressive digital platform that immediately allocated the Keppel REIT units in the morning to the sub-account holders. For my shares held in custody with Maybank Trading, they apparently have either (i) screwed up & missed out on this special dividend distribution
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