Anyone holds A17U? Need help.

[Oldliao]

I have it with SCB and received notification of corporate action which I don't quite understand. Default option is to let it lapse, or you can exetcise or oversubscribe. I think it is buying (?) new issues at $2.35 a share based on 1-for-1 entitlement. My question is for this, if you let it lapse, you tend to lose out? So better to just exercise it? But what about oversubscribe? Any advice?

 

[reddevil0728]

I have it with SCB and received notification of corporate action which I don't quite understand. Default option is to let it lapse, or you can exetcise or oversubscribe. I think it is buying (?) new issues at $2.35 a share based on 1-for-1 entitlement. My question is for this, if you let it lapse, you tend to lose out? So better to just exercise it? But what about oversubscribe? Any advice?

Why start a new thread?

why not post here?

https://forums.hardwarezone.com.sg/...cendas-reit-official-sgx-a17u.5253082/page-48

 

[lzydata]

I have it with SCB and received notification of corporate action which I don't quite understand. Default option is to let it lapse, or you can exetcise or oversubscribe. I think it is buying (?) new issues at $2.35 a share based on 1-for-1 entitlement. My question is for this, if you let it lapse, you tend to lose out? So better to just exercise it? But what about oversubscribe? Any advice?

For every 1000 units of Ascendas REIT you own, you can buy 28 new units at $2.35 each, not 1-for-1.

 

[Oldliao]

Why start a new thread?

why not post here?

https://forums.hardwarezone.com.sg/...cendas-reit-official-sgx-a17u.5253082/page-48

Paiseh, didn't see this.