MapleTree NAC Trust

[lzydata]

i buy under SCB and as of this morning, i still see NAC in my portfolio.
is it i must create a SELL option to get the cash or wait patiently for SCB to convert to cash option for me?

Shouldn't you have already received the cash consideration for the MNACT?

Btw MNACT will be delisted tomorrow, so it should be cleared from your portfolio after that.

 

[Opps-gal]

The new name is updated in cdp.

 

[princessreiko]

Money is in

Omg, what happened??
I didn't do anything, then today when I checked my bank account and got a shock cos it seems like the whole thing has been credited to me and when I check my CDP account, I no longer own the reit!

 

[lzydata]

Omg, what happened??
I didn't do anything, then today when I checked my bank account and got a shock cos it seems like the whole thing has been credited to me and when I check my CDP account, I no longer own the reit!

So you received the cash consideration right? $1.1949 per MNACT unit.

 

[princessreiko]

So you received the cash consideration right? $1.1949 per MNACT unit.

Yes, that's right.
That amount per unit is what I got back.

 

[lzydata]

Yes, that's right.
That amount per unit is what I got back.

Then it is all correct, the default option was the all-cash consideration for your MNACT units. MNACT has been merged with MCT and the REIT is now named MPACT, Mapletree Pan Asia Commercial Trust.

There is going to be a clean-up distribution for MNACT payable on 19 August as well. 1.913 cents.

 

[princessreiko]

Then it is all correct, the default option was the all-cash consideration for your MNACT units. MNACT has been merged with MCT and the REIT is now named MPACT, Mapletree Pan Asia Commercial Trust.

There is going to be a clean-up distribution for MNACT payable on 19 August as well. 1.913 cents.

Meaning I will get some more money after that?

 

[lzydata]

Meaning I will get some more money after that?

Yes

 

[duhduhduh]

the clean up distribution seems to be taking some time ah

 

[LongXia]

where got seems to take so long? They got to wait until 20 July in order to calculate the amount of dpu up to that date mah.......

Clean up payment for MNACT for period of 1/4/22 to 20/7/22
$0.01913 payable on 19 August

Clean up payment for MCT for period of 1/4/22 to 20/7/22
$0.0304 payable on 25 August.

Delist of MNACT, and new name, MPACT, to replace MCT
3/8/22

 

[rerear]

Missed the entire saga and seems the amount now already in account. How to update into StocksCafe, if have both MNACCT and MCT?

 

[Squaredot]

Clean up dividend is credited today.
But the txn description is KEPPEL CORP

 

[lzydata]

Clean up dividend is credited today.
But the txn description is KEPPEL CORP

Mine also. Wonder if there is some screw-up with CDP or with the bank. But the amounts are right so I won't complain.

 

[LongXia]

Clean up dividend is credited today.
But the txn description is KEPPEL CORP

Mine was attributed to “CORTINA”” a stock I never even heard of because it’s seldom traded.....
tot of calling SGX, but I suppose everybody here same same..... but then could be the bug that Apple been talking about.....

 

[Squaredot]

Mine was attributed to “CORTINA”” a stock I never even heard of because it’s seldom traded.....
tot of calling SGX, but I suppose everybody here same same..... but then could be the bug that Apple been talking about.....

It started since 18/8...jialat

Mine also. Wonder if there is some screw-up with CDP or with the bank. But the amounts are right so I won't complain.

yeah the amounts are right.
1st mistake surfaced in my account on 18/8, Singtel dividend shown as SBL Reissuance Fee. I was confused by the description...took me some time to figure it out

 

[LongXia]

It started since 18/8...jialat

yeah the amounts are right.
1st mistake surfaced in my account on 18/8, Singtel dividend shown as SBL Reissuance Fee. I was confused by the description...took me some time to figure it out

My Keppel,Corp payout is listed correct.... but according to one forumer in another forum, his KC dividends were listed under Genting!
Wonder why CNA and the news media were sleeping on this....

 

[lzydata]

The descriptions are correct now

 

[Squaredot]

The descriptions are correct now

7th month?

 

[yankiessg]

Hi, I need help.. i never monitor the shares as i bought long long time ago. Now that MNACT has been delisted.. I didn't receive any cash return and it's also missing in CDP.. What shall i do ??

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[lzydata]

Hi, I need help.. i never monitor the shares as i bought long long time ago. Now that MNACT has been delisted.. I didn't receive any cash return and it's also missing in CDP.. What shall i do ??

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Well are you sure you did not receive the cash consideration on 29 July ($1.1949 per unit), or the clean-up distribution on 19 August (1.913 cents per unit)? Since you did not do anything, probably, then by default you would have received cash.

It's not about "monitoring" also. You should have received several pieces of physical mail. I do have to marvel how come you didn't know what was happening.