Entitled unitholders will be offered 23 new units at an issue price of 96 cents each for every 100 existing units. .
Very simple: if you are entitled eg. 230 units, you need to pay 230 x 0.96=$220.8.( u can apply partial or full)
if you apply excess, on top of your entitlement, eg another 770 units ,
You need to pay total :$960.
if allocated ( closed application) partial of the excess, they will return you the balance
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

