Lendlease REIT

[reddevil0728]

Anyone applying?

I think the rights were credited to the CDP account.

Are you applying your entitlement? Planning to apply for excess?

 

[Paul Lee]

The NRPO has been launched and will close on Tue 12 Apr.

The new PO will be issued on 21 Apr.

As with all PO/rights in recent years, you can use PayNow to apply for the PO. Instruction will be in the letter/instruction booklet.

Timetable

Event	Date and Time
Despatch of the Instruction Booklet (together with the ARE) to Eligible Unitholders	Monday, 4 April 2022
Opening date and time for the Preferential Offering	Monday, 4 April 2022 at 9.00 a.m. (9.00 a.m. for Electronic Applications)
Last date and time for acceptance and payment for provisional allotments of New Units and (if applicable) excess application and payment for Excess New Units pursuant to the Preferential Offering	Tuesday, 12 April 2022 at 5.00 p.m. (9.30 p.m. for Electronic Applications)
Expected date for crediting of New Units pursuant to the Preferential Offering	Thursday, 21 April 2022 before 9.00 a.m.
Expected listing and trading of New Units pursuant to the Preferential Offering	Thursday, 21 April 2022 at 9.00 a.m.

Instruction booklet >> Link Here

 

[Overture1928]

Chiong arrrrr

 

[Rayleigh1]

The preferential offering of 29 units for every 100 units is guaranteed right? Any unitholder who is eligible and decides to take it up can secure at least 29 units for every 100 units they hold prior to the stated cut off date?

How does the allocation work for those planning to apply for excess? If it is too high, how do they decide whose excess to fulfil? First come first served? Random?

 

[Andrew833]

The preferential offering of 29 units for every 100 units is guaranteed right? Any unitholder who is eligible and decides to take it up can secure at least 29 units for every 100 units they hold prior to the stated cut off date?

How does the allocation work for those planning to apply for excess? First come first served? Random?

The preferential offering of 29 units for every 100 units is guaranteed, if you own the share before the ex date.
Any unitholder can apply for excess. How many the company give you is depend on the company.

 

[Rayleigh1]

The preferential offering of 29 units for every 100 units is guaranteed, if you own the share before the ex date.
Any unitholder can apply for excess. How many the company give you is depend on the company.

Any idea how excess is typically allocated? Also, can there be partial fulfillment of excess? Like for example, if I want to get 1000 but they only grant me 800. Or is it an all or nothing?

 

[reddevil0728]

Any idea how excess is typically allocated? Also, can there be partial fulfillment of excess? Like for example, if I want to get 1000 but they only grant me 800. Or is it an all or nothing?

They might prioritise those with odd lots

 

[mr_wealth]

Successfully applied via POSB ATM. Cannot use iBanking. Applied a little bit extra to avoid odd lot. Hope I can get so do not have to deal with odd lot.

 

[Andrew833]

Any idea how excess is typically allocated? Also, can there be partial fulfillment of excess? Like for example, if I want to get 1000 but they only grant me 800. Or is it an all or nothing?

If many people apply for excess, the amount of excess allocated will be lesser. There is no formula for this, every thing depend on the company.

Example you have 5,000 shares
29:100 shares is confirm, so 1450 shares is confirm.
To prevent odd lots, company will allow excess of 50 shares, the rest of the amount is not fix.

 

[sohguanh]

Any idea how excess is typically allocated? Also, can there be partial fulfillment of excess? Like for example, if I want to get 1000 but they only grant me 800. Or is it an all or nothing?

Based on my experience how they allocate I dunno. But partial fulfillment of excess is quite confirmed as I kena before. All excess not given to you will refund the monies back to you.

 

[sohguanh]

Successfully applied via POSB ATM. Cannot use iBanking. Applied a little bit extra to avoid odd lot. Hope I can get so do not have to deal with odd lot.

I have feedback this many many years ago until now issue not fixed must go ATM apply. iBanking much more convenient IMHO

 

[Paul Lee]

I have feedback this many many years ago until now issue not fixed must go ATM apply. iBanking much more convenient IMHO

You can use PayNow.

Which is even better than iBanking IMO because you save $2.

You just have to be patient and wait for the letter with the QR code for PayNow application.

 

[endlssorrow]

$0.72 right? so everyone here going to OVER?

 

[reddevil0728]

$0.72 right? so everyone here going to OVER?

Why so?

 

[Overture1928]

You can use PayNow.

Which is even better than iBanking IMO because you save $2.

You just have to be patient and wait for the letter with the QR code for PayNow application.

There's a maximum limit to PayNow?

 

[Andrew833]

$0.72 right? so everyone here going to OVER?

Yes, why not? The market offer 0.775

 

[Squaredot]

You can use PayNow.

Which is even better than iBanking IMO because you save $2.

You just have to be patient and wait for the letter with the QR code for PayNow application.

Paynow is the best!!

 

[mr_wealth]

You can use PayNow.

Which is even better than iBanking IMO because you save $2.

You just have to be patient and wait for the letter with the QR code for PayNow application.

Did not know this. Kena conned $2.

 

[sohguanh]

Did not know this. Kena conned $2.

That is why must keep reading this forum let other readers share. I also dunno Paynow can now I know can. $2 loss no choice lor.

 

[Paul Lee]

There's a maximum limit to PayNow?

Yes. Default is $5,000. So if you are preparing to apply more, make sure you change your PayNow limit first.