Going $Mapletree Log Tr(M44U.SI) EGM tomorrow and $Ascendas Reit(A17U.SI) EGM next week!

Anyone can't go and got questions? I can help you ask!

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NinjaStars

Areit EGM details will be posted by 9pm today!

Spinning_Top

Reply to @NinjaStars : Thank you! Have saw your report. Well done!

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JASS

The only takeaway for me from this EGM is not the bento, rather it's the notion of MLT's reluctancy to offer DRP again next time.

No photo of bento since never queue for it. So a photo of the bento voucher to make up for it. Haha..

NinjaStars

Reply to @JASS : nex time give me, i can jiak 2 serving

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whitemorning

During the EGM, Chairman explained the rationale for doing a pte placement to fund the acquisition. Just then, it hit me that they already went ahead with the placement in Oct, even before this EGM to approve the resolution. Two things came to my mind:

1) It implied to me that the Board n Mgmt are very confident that the proposal will go thru, or they simply don't bother abt the retail unitholders votes.

2) What happens if unitholders reject the proposal, when pte placement already done? Can the proposal still proceed without unitholders' blessings? If they can't do so, what could be the legal implications?

I'm still new to investing, so would like to hear views of the experts.

Dividend_Warrior

Camping here. Thanks 😄

Spinning_Top

Wah..next week 武林大会, Sporeshare, leewe, ljunyuan, Ninjastars and JASS are attending..please take group photo 📷 okie?

ljunyuan

Reply to @Spinning_Top : HAHAHAHA! relak bunny relak...

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NinjaStars

Reply to @terrylim2 : frasers for buffet? really meh

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jasongan

Thanks in advance!

bus168

Mapletree can ask about their outlook on Hong Kong and if operations will be affected since it accounts for ~20% of their income.

JASS

Might be going tomorrow too..

DareDevil

Helpful Ninja 🌻
Awaiting food pics

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Not much transactions going on recently.

25 November bought $Mapletree NAC Tr(RW0U.SI) at $1.14.

4 December bought $OCBC Bank(O39.SI) at $10.60.

6 December got my $Ascendas Reit(A17U.SI) RI at $2.63 (subscribed for 10,200 and was allotted 5,500).

Hope to see more bargains in December!


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$Ascendas Reit(A17U.SI) officially became my number 1 holding!

18.97% in terms of portfolio value and 17.04% in terms of portfolio cost.

Really glad to have a Stocks.Cafe Account which acts as a portfolio tracker and the many other features available.

Scale up with the BB huat ah! 

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FSM $Ascendas Reit(A17U.SI) RIGHTS ISSUE UNITS ARE IN!!!!!!!! @sporeshare

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$Ascendas Reit(A17U.SI) rights issue huat gao gao ah! Comment below to share how much you allowed and how much you were given in total! Eg, allotted 144, gotten 1000!

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