Frasers Centrepoint Trust (J69U)

Layers

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already announced preferential offering plus placement

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madtari

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This is very true.... otherwise it will be hard for this acquisition to be DPU accreditive. Good for existing shareholders... but then if my purchase price was at $1.9, with this PO, my avg price will be pushed up... I don't think I will want to apply any excess in this deal, except to round up odd lots...
higher price mean less dilution.

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Squaredot

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placement more chui… 2.3x

Frasers Centrepoint Trust Private Placement 2.3 times subscribed at top end of issue price range
 The Private Placement drew strong demand from new and existing institutional and other accredited investors
 Issue price of S$2.382 per Unit represents a discount of 1.5% to the adjusted VWAP1
 The upsize option was exercised in full to raise total proceeds of approximately S$369.6 million

:s12:
 

Angry Bird

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Frasers Centrepoint Trust Private Placement 2.3 times subscribed at top end of issue price range
 The Private Placement drew strong demand from new and existing institutional and other accredited investors
 Issue price of S$2.382 per Unit represents a discount of 1.5% to the adjusted VWAP1
 The upsize option was exercised in full to raise total proceeds of approximately S$369.6 million

:s12:

placement S$2.382, 2.3 times subscribed

now sgx market S$2.40, CD 1.89cts + CO, buy from market better??...
 

terence2112

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Can i check if retail investors like you and i need to do anything during this "Cum Offer" period?
 

Layers

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This is very true.... otherwise it will be hard for this acquisition to be DPU accreditive. Good for existing shareholders... but then if my purchase price was at $1.9, with this PO, my avg price will be pushed up... I don't think I will want to apply any excess in this deal, except to round up odd lots...
up a bit only ma

10000 units only 310 to buy. cost less than 1k

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deadguy00

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How to subscribe for existing investors

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Paul Lee

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After nearly 13 years since its IPO in Jul 2006, FCT finally carries out its maiden EFR for retail investors. All these years, it has always been just doing placement for new funds.

IPO investors will have a huge average up to think about (IPO price $1.03) but I can't find any compelling reasons not to do so.
 

havetheveryfun

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After nearly 13 years since its IPO in Jul 2006, FCT finally carries out its maiden EFR for retail investors. All these years, it has always been just doing placement for new funds.

IPO investors will have a huge average up to think about (IPO price $1.03) but I can't find any compelling reasons not to do so.

actually the market price is $2.40 and the preferential offer price is now $2.35.

So actually not much loss if you don't wish to subscribe, not a very attractive discount anyway ... because those who wanted to average up would probably have done so long ago at a lower price..
 
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