SATS Ltd *Official* (SGX: S58)

[reddevil0728]

The first trading day of new shares does not affect the price because on ex-rights date, the price has already dropped to account for the increase in shareholding.

Yup, between deadline and sub, it can drop or increase price depending on market sentiments. I feel sentiment is turning bearish in my opinion

ya lor. so anything can happen

 

[DevilPlate]

Took a leap of faith and bought some shares before yesterday's closing.

This kind of mega acquisition opportunity do not happen often.
And rights will be fully subscribed.

Last day today to trade rights liao.
Place your bets

https://www.sats.com.sg/docs/defaul...r-information-statement.pdf?sfvrsn=c68a2a4a_4

 

[elvintay07]

I sold all my shares and rights. Please feel free to over subscribe

 

[zumaba]

Got a bit confused for if this last day means differently for cash or CPF/SRS account.

For my shares invested using CPF-OA fund, I got the letter from DBS to specify today is the last day to submit the acceptance to subscribe the Rights Shares, not just the last day for selling my rights. Correct?

 

[OngHuatHuat]

Oversubscribed 600 plus shares to make it 1500, hopefully it is a correct decision.

 

[OngHuatHuat]

Got a bit confused for if this last day means differently for cash or CPF/SRS account.

For my shares invested using CPF-OA fund, I got the letter from DBS to specify today is the last day to submit the acceptance to subscribe the Rights Shares, not just the last day for selling my rights. Correct?

Yes. Still can sell I think.

 

[OngHuatHuat]

When do we know if we are allocated excess?

 

[hwarzoner]

Bought 15000 at 2.39 wish me good luck

 

[sharah]

When do we know if we are allocated excess?

Two ways.
1. Check your CDP on 29th March OR
2. Check your bank account on 29th March if any amount is credited back.

Either way you will know if any excess is allotted.

 

[OngHuatHuat]

Two ways.
1. Check your CDP on 29th March OR
2. Check your bank account on 29th March if any amount is credited back.

Either way you will know if any excess is allotted.

Thanks

 

[lazyfire]

First time encounter this kind of event...

What is the cons of round downing vs rounding up?

 

[durain]

First time encounter this kind of event...

What is the cons of round downing vs rounding up?

Round Down Pros : You Spend less money
Round Down Cons : You get diluted.


Round Up Pros: You own more stock now that you've bought more at a cheaper price, you cost basis comes down
Round Up Cons: You spend more money

 

[foo9883]

when will know results of the rights issue?
i think i vaguely remember the date 21 march

 

[jupiter]

when will know results of the rights issue?
i think i vaguely remember the date 21 march

Expected date of allotment, issuance and crediting of Rights Shares : Wednesday, 29 March 2023
Expected date of commencement of trading of Rights Shares : Wednesday, 29 March 2023
Expected date for refund of unsuccessful applications (if made through CDP) : Wednesday, 29 March 2023

 

[addict951]

Anybuttie subscribe the rights via DBST or familiar wif DBST’s rights money debit process ar?
On the day (today) they debit your account do they debit the entire sum (entitled + excess) or just entitled only?

 

[zeroX26]

Anybuttie subscribe the rights via DBST or familiar wif DBST’s rights money debit process ar?
On the day (today) they debit your account do they debit the entire sum (entitled + excess) or just entitled only?

U first time apply for rights issue? The deduction is whole sum. If you don't get the excess then its returned to you.

 

[addict951]

U first time apply for rights issue? The deduction is whole sum. If you don't get the excess then its returned to you.

Is that your experience wif DBS Treasures? I’m asking about the DBS Treasures process

 

[reddevil0728]

Is that your experience wif DBS Treasures? I’m asking about the DBS Treasures process

Treasures means got RM. ask RM?

 

[sharah]

Is that your experience wif DBS Treasures? I’m asking about the DBS Treasures process

DBS Treasures deducts the money on the last day i.e., 21st March in two transactions one for allocated rights, and another for excess. It is paramount that the money be left in the wealth account for the transactions to succeed. Based on excess allocation, the money less allocated excess rights will be credited back to you on 29th March to the wealth account.

 

[addict951]

This SATS rike flying away hor
Anybuttie here added secretly when R was trading? In the money liao, CONGRATS!