GCms
2021-03-22

$CAPITALAND LIMITED(C31.SI)$

My favourite Capitaland will b e delist and


1 share C31 =1 CLIM share (worth 2.823),+ 0.143 of CICT+0.951$(cash refund),


me will get few hundred for the changes, also got odd lot share of CICT, think just keep it forever ...

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Comments

  • Dongmin
    2021-03-23
    Dongmin
    so meaning will get back some cash and own the new stock?
    • GCms

      yes, will get 1 : 1 CLIM(Capitaland Investment Management & 1:0.328 Capitaland Integrated Commerial Trust+cash

  • ProsperTTM
    2021-03-23
    ProsperTTM
    Plus there are also $0.09/share worth of dividends for which XD date has not been fixed yet and this restructuring deal still entitles us to the divds. $3.75 (Closing price) is definitely too low.
  • Dongmin
    2021-03-23
    Dongmin
    so I guess holding it will be better than letting go even if it hitting high?
    • DongminReply79b7d63c
      yea same bought it at sg bank so guess is a hold then.
    • 79b7d63c
      Can sell high and buy back in to earn extra profit on tiger brokers but I'm holding them in a Singapore bank broker so transaction fee is a concern for me .
    • 79b7d63c
      planning to hold for long term (5-10 years) got in at 2.51 during covid xD I've interned at the company and feel that it's a strong market leader. Gives returns better than bonds,  safe investment
  • 我i168
    2021-03-23
    我i168
    The CLIM and cash part is clear, where is this CICT distrbution come about?
  • J_CHS
    2021-03-23
    J_CHS
    现在买进去也能得到对吗?
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