MapleTree NAC Trust

[Squaredot]

yes i got 105 shares instead of 99 shares

i got 52.52 in cash

so actually my avg price for this 105 shares is higher than the 0.8574 effectively

52.52 don't tally right?
I think u opt for more than 3007 in units..

 

[mata_hippo]

By right they should give u 99 shares + $57.31

I guess they have adjusted themselves and given u 105 so at least u have 100 to sell as a whole

Not a bad thing at all

now that 5 shares is like your 99 shares, not that im planning to sell also

 

[Squaredot]

By right they should give u 99 shares + $57.31

I guess they have adjusted themselves and given u 105 so at least u have 100 to sell as a whole

Not a bad thing at all

What do u mean "they have adjusted themselves.."

 

[mata_hippo]

52.52 don't tally right?
I think u opt for more than 3007 in units..

i saved the form i submitted, i entered 3007 out of 5000 i own...

thats y i say my avg price for that 105 shares is higher than 0.8574, so i duno can like that one ah...

 

[peppermint7]

52.52 don't tally right?
I think u opt for more than 3007 in units..

Mayb they try to give everyone min. 100 shares.. as far as they can

But that 5 is like stuck
Keep as souvenir until next DRIP comes

 

[peppermint7]

now that 5 shares is like your 99 shares, not that im planning to sell also

I rather stuck 5 shares than 99

 

[Andrew833]

Not all the same ah?
I thought is set by CDP to calculate in special formula.. pardon my ignorance

Since many co will be offering DRIP, they should standardize..

Ops, my CRCT is PO not DRIP, so not the same.

 

[Squaredot]

Mayb they try to give everyone min. 100 shares.. as far as they can

 

[Andrew833]

DBS Treasure Equity Picks, brought this counter recently. Congrats

 

[peppermint7]

Cos there was a clause somewhere about we can apply but eventually it is up to them to distribute

My apologies..

I dig out the tnc. https://www.mapletreenorthasiacommercialtrust.com/Investor-Relations/Distribution/DRP.aspx


4.9 last para
CDP shall be authorised to compute the new Units to be allotted and issued to the
each Participating Unitholder based on the above Unit Entitlement Formula and such computation and allocation by CDP shall be conclusive and final to the Participating Unitholder.

If it is so, then CDP shouldn't auto adjust to 105 instead of 99.. interesting indeed..

Like this, next round i request for 101, they auto give me 110 then jialart. Forever stuck

 

[Squaredot]

i saved the form i submitted, i entered 3007 out of 5000 i own...

thats y i say my avg price for that 105 shares is higher than 0.8574, so i duno can like that one ah...

From the information u provided,
$52.52 cash comes from 1826 units ie 5000-1826=3714 DRP
I would raise a query if it differs from the form I submitted.

 

[peppermint7]

From the information u provided,
$52.52 cash comes from 1826 units ie 5000-1826=3714 DRP
I would raise a query if it differs from the form I submitted.

If raise query is ask who? CDP or mapletree?

Should be CDP i guess..

 

[Squaredot]

If raise query is ask who? CDP or mapletree?

Should be CDP i guess..

Check with CDP first.

 

[Squaredot]

i saved the form i submitted, i entered 3007 out of 5000 i own...

thats y i say my avg price for that 105 shares is higher than 0.8574, so i duno can like that one ah...

Btw,just checking, what did u fill for cash on the form?
Did both add up to 5000?

 

[peppermint7]

Btw,just checking, what did u fill for cash on the form?
Did both add up to 5000?

When i fill mine online, i only need to fill the units part. No need to fill for cash portion..

 

[mata_hippo]

Btw,just checking, what did u fill for cash on the form?
Did both add up to 5000?

i filled up via sgx online portal, so only need to enter the 3007...

 

[lzydata]

From the information u provided,
$52.52 cash comes from 1826 units ie 5000-1826=3714 DRP
I would raise a query if it differs from the form I submitted.

Agree, 3174 for DRP and 1826 for cash would give you 105 DRP units and $52.52. And the figure 3174 isn't anywhere like 3007 either. Very strange.

 

[peppermint7]

1.05 Congrats to all vested

 

[Andrew833]

1.05 Congrats to all vested

Wow huat ah

 

[Opps-gal]

No more protest, will huat.