MapleTree NAC Trust

[rubber33]

Money is in

 

[lzydata]

Will there be any excess/accrued dividend be given? I only received the full amount based on the price of $1.1949.

I think not, since there hasn't been anything announced.

OMG THERE IS A CLEAN-UP DISTRIBUTION

https://links.sgx.com/FileOpen/MNAC...29Jul2022.ashx?App=Announcement&FileID=725576
1.913 cents

Indeed there has to be a distribution for the income earned from 1 April 2022 to 20 July 2022 (day before effective date of the scheme).

 

[chiokcc]

For cash account, the money was reflected as "dividend"....

For SRS account, the money was reflected as money resulting from a "sell" ....

 

[chiokcc]

OMG THERE IS A CLEAN-UP DISTRIBUTION

https://links.sgx.com/FileOpen/MNAC...29Jul2022.ashx?App=Announcement&FileID=725576
1.913 cents

Indeed there has to be a distribution for the income earned from 1 April 2022 to 20 July 2022 (day before effective date of the scheme).

Means those who opt for cash, got some more money coming in??

 

[Squaredot]

Means those who opt for cash, got some more money coming in??

all ex-MNACT holders will rec clean up distribution.
There is a separate clean up distribution for MCT holders too.

 

[Andrew833]

But right issue might not come soon. Have give the broker a call and place an order to round up. Don't know can choose the price to enter a not, so when broker told me the price to buy for round up I just agree.

Yes, right issue for MCT will not be so soon.

 

[Andrew833]

Means those who opt for cash, got some more money coming in??

This is the clean up dividend, meaning to clear all the dividend of MNACT before it delisted.

 

[BusteR]

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?

 

[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

 

[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.