MapleTree NAC Trust

[lzydata]

I received this from DBS not too long ago:

Date of Court hearing of the application to sanction the Trust Scheme: Monday, 27 June 2022

Last day of trading of the MNACT Units: Tuesday, 28 June 2022

Date and time of commencement of trading of the Consideration Units: Wednesday, 17August 2022, 9.00 a.m

Date for the delisting of MNACT: Friday, 19 August 2022

This must be the old timetable. There is a newer timetable published by MCT and MNACT. The court hearing has been held already.

 

[LongXia]

Prefer to just do nothing and get full 1.1949. That way dont need to incur any exchange fees. And also get the clean up distribution.

However, this is more favourable if and only if have spare ammunition for opportunities. If no ammunition then makes sense to let go now and re-deploy immediately or soon.

I received this from DBS not too long ago:

Date of Court hearing of the application to sanction the Trust Scheme: Monday, 27 June 2022

Last day of trading of the MNACT Units: Tuesday, 28 June 2022

Date and time of commencement of trading of the Consideration Units: Wednesday, 17August 2022, 9.00 a.m

Date for the delisting of MNACT: Friday, 19 August 2022

Too late la. It’s close shop already
abit surprise this place, tot having sph as relatives, should be tokkong up to datetype.
here, check this ... it’s all here

https://links.sgx.com/FileOpen/MNAC...n_31May22.ashx?App=Announcement&FileID=719419

 

[duhduhduh]

Letter lai liao.

Nothing mentioned about the special dividend yet leh...

 

[chiokcc]

I have this share in both SRS and cash. To accept all cash, no need to reply and send back any forms ...

 

[Andrew833]

Letter lai liao.

Nothing mentioned about the special dividend yet leh...

Wait for announcement

 

[daewood]

which option are u guys choosing?

 

[NinjaStars]

which option are u guys choosing?

Default.

 

[lzydata]

Of course should take the default, all cash. And buy MCT on the open market, if you want.

 

[Opps-gal]

Scrip for me.

 

[GDnitez]

When will receive the cash from mnact?

 

[发哨子2020]

Of course should take the default, all cash. And buy MCT on the open market, if you want.

Better ?
Ok . I take default too .

 

[htc_user]

Scrip for me.

can share reasons ? thanks

 

[lzydata]

When will receive the cash from mnact?

Date for the payment of the Cash-Only Consideration and/or the cash component of the Cash-and-Scrip Consideration (as the case may be) to MNACT Unitholders

Friday, 29 July 2022

 

[Opps-gal]

can share reasons ? thanks

Long term investing, so not sure what price will the share be when I get cash back and buy from market. On top of buying from market got brokerage fees if opt for cash? So I prefer scrip.

 

[lzydata]

Long term investing, so not sure what price will the share be when I get cash back and buy from market. On top of buying from market got brokerage fees if opt for cash? So I prefer scrip.

I can understand your reasoning, but in this case the gap between what you are paying for new MCT units - $2.0039 - and the current market price is so large.

 

[waxqube]

Long term investing, so not sure what price will the share be when I get cash back and buy from market. On top of buying from market got brokerage fees if opt for cash? So I prefer scrip.

Really got no spare cash at all? If got surely is better to buy MCT at current market price and select cash option right? Since you'll get back the cash soon... It's like 10% difference...

 

[Opps-gal]

I can understand your reasoning, but in this case the gap between what you are paying for new MCT units - $2.0039 - and the current market price is so large.

I small fry, so not that much difference?

Really got no spare cash at all? If got surely is better to buy MCT at current market price and select cash option right? Since you'll get back the cash soon... It's like 10% difference...

100% invested. No cash unless CD coming in more?

 

[Andrew833]

I small fry, so not that much difference?

Example you have only 1k shares
1k shares x 2.0039 = $2,003.90
1k shares x market rate ($1.86) = $1,860.00
Different of $143.90
I don't think your comm so ex, take Poems as example buy is around $50.
Cash save is near $100

 

[Opps-gal]

How does one round up the scrip if got weird amount?

 

[duhduhduh]

Still waiting for the clean up distribution....