MapleTree NAC Trust

[Raynon]

Prefer to take all cash , now half half, nether here or there

 

[lzydata]

Is there any mention of timeline in the announcement?

By end March 2022:
First Court Hearing to convene the Scheme Meeting
Despatch of EGM Circular by MCT
Despatch of Scheme Document by MNACT

By mid April 2022:
MCT’s EGM
MNACT’s EGM and Trust Scheme Meeting

By early May 2022:
Second Court Hearing for Court Approval of Scheme

By end May 2022:
Effective Date of Scheme
Last Trading Date for MNACT

By early June 2022:
Payment of Cash Consideration and Consideration Units to MNACT Unitholders

By mid June 2022:
Delisting of MNACT

By end June 2022:
Payment of Clean-up Distribution to MCT and MNACT Unitholders

The above timeline is indicative only and subject to change. Please refer to future announcement(s) from MCT and/or MNACT for the exact dates of these key events.

 

[addict951]

How many of Maple Com for how many of Maple NAC no details yet hor??

 

[Paul Lee]

How many of Maple Com for how many of Maple NAC no details yet hor??

 

[addict951]

Thanks, Paul!
Wah KNN
They valued Maple NAC so high

 

[WHLN17]

since I already have MCT, most likely i will sell MNACT at the market if the price goes above $1.2. Lock in some profit first and see 6 months down the road how the 2 reits behave in the market, may then go in to add MCT or buy back MNACT before XR.

 

[hound297]

KNN ****ing odd lots again.
Results for first 100k are all ****ing odd lots.

Script:

Stock On Hand​	Converted​
30000​	17889​
60000​	35778​

Cash and Script:

Stock On Hand​	Converted​
10000​	5009​
20000​	10018​
30000​	15027​
40000​	20036​
50000​	25045​
60000​	30054​
70000​	35063​
80000​	40072​
90000​	45081​
100000​	50090​

Disclaimer: I am vested at 10k shares.

Edit: Knn based on the numeric pattern, the minimum to siam odd lots is to have 1 million shares. small players can get ****ed.

 

[Raynon]

Will round up or round down to nearest share if ganna decimal place

 

[Paul Lee]

Frankly, there is no need to get so worked out over 'odd lots' nowadays. For long term investors, it should not really matter anyway.

For those who prefer to have board lot holdings (like me), it is quite an easy process to round up or round down to the nearest board lots.

When CMT/CCT, FLT/FCOT and ART/AH-Trust were merged, they made arrangements with some of the local brokerages (like POEMS, DBSV) to facilitate odd lots trading. And the brokerage is paid for by the REIT manager.

Sure, it is a little troublesome but nothing too onerous.

Odd lots are inevitable when merger like these takes place.

The correct question to ask is whether you believe in the long term prospect of the merged entity.

This is the first merger for Mapletree REITs. Could an MIT/MLT merger be somewhere down the road?

(Disclosure: Not vested in MNACT)

 

[Raynon]

Does it mean if i have 20,000 shares of MNACT , i will get 10018 shares of MCT and $3824 cash if i choose the mixed option And MCT will renamed to be MPACT once this deal is confirmed?

 

[o0KelviN0o]

Frankly, there is no need to get so worked out over 'odd lots' nowadays. For long term investors, it should not really matter anyway.

For those who prefer to have board lot holdings (like me), it is quite an easy process to round up or round down to the nearest board lots.

When CMT/CCT, FLT/FCOT and ART/AH-Trust were merged, they made arrangements with some of the local brokerages (like POEMS, DBSV) to facilitate odd lots trading. And the brokerage is paid for by the REIT manager.

Sure, it is a little troublesome but nothing too onerous.

Odd lots are inevitable when merger like these takes place.

The correct question to ask is whether you believe in the long term prospect of the merged entity.

This is the first merger for Mapletree REITs. Could an MIT/MLT merger be somewhere down the road?

(Disclosure: Not vested in MNACT)

I support a MINT & MLT merger

 

[lzydata]

Trading halt has been lifted for both.

Interesting, the opening prices:
MCT: 1.94
MNACT: 1.13
Conversion ratio = 1.13/1.94 = 0.5824 a tad lower than 0.5963 (MNACT underpriced)

 

[starbugs]

Trading halt has been lifted for both.

Interesting, the opening prices:
MCT: 1.94
MNACT: 1.13
Conversion ratio = 1.13/1.94 = 0.5824 a tad lower than 0.5963 (MNACT underpriced)

Both MCT and MNACT still have at least one more round of distribution to come before the merger and the latter is higher yield. On a distribution-adjusted basis, the market prices probably reflect the correct ratio.

 

[lzydata]

Both MCT and MNACT still have at least one more round of distribution to come before the merger and the latter is higher yield. On a distribution-adjusted basis, the market prices probably reflect the correct ratio.

Oh yes, forgot about that. Actually it will be a while before the deal is concluded.

 

[addict951]

Yall saw this?
BT leeporter says Maple Com vestors lugi cos NAC's assets are not performing, ie. Maple Com is overpaying.
https://www.businesstimes.com.sg/co...utm_source=telegram&utm_medium=social-organic

 

[lzydata]

Yall saw this?
BT leeporter says Maple Com vestors lugi cos NAC's assets are not performing, ie. Maple Com is overpaying.
https://www.businesstimes.com.sg/co...utm_source=telegram&utm_medium=social-organic

It is not a reporter, it is just a letter to the editor from somebody.

 

[Overture1928]

Yall saw this?
BT leeporter says Maple Com vestors lugi cos NAC's assets are not performing, ie. Maple Com is overpaying.
https://www.businesstimes.com.sg/co...utm_source=telegram&utm_medium=social-organic

Guess who are the value investors?

 

[Raynon]

An

Does it mean if i have 20,000 shares of MNACT , i will get 10018 shares of MCT and $3824 cash if i choose the mixed option And MCT will renamed to be MPACT once this deal is confirmed?

Can anybody confirm?

 

[Paul Lee]

An

Can anybody confirm?

Just refer to this post.

All the calculation has been done for u.

 

[duhduhduh]

Guys are yall going for Option 1 or Option 2?