Keppel Land   

KepLand 's rights

Thanks.  You are a great help.

 

For those allotted lots, we can go to ATM to confirm that we want the full allocation, right? YES

If we want excess rights, we have to send in cashier order? No need to, one stop at ATM can handle both rights and excess rights


Can we apply online?Yes, when using ATM, after normal procedure, ATM ask you how many is your entitlement , you key in the number you are entitled. then second question ATM ask is how many Excess rights , you key in the number you want, be sure to have enough money ..

 

 

Hi.  Just got the right issue letter from Kepland.  Just want to check.  For those allotted lots, we can go to ATM to confirm that we want the full allocation, right?  If we want excess rights, we have to send in cashier order?  Can we apply online?  Thanks

 

 

 

Use online CDP lah, it saves a lot of trouble.

Always check CDP to be sure you have the stock in FREE colume before you do a SELL, sell got to be careful so as not to make mistake and get BUY-IN and fined for naked short

 

i better check my mail box when I reach home. i din know they got a online account until recently. just applied yesterday. :)

Alligator      ( Date: 20-May-2009 18:07) Posted: Yes, documents received. anyway, you should have online access to CDP, that allows you to check CDP account. The Kepland Rights had been credited in the account prior to rights trading on 19 May. As it is more convenient to use ATM to pay for Rights, as such CDP account is really more important than the documents. huateduck      ( Date: 19-May-2009 17:27) Posted: has anybody recevied the document about the rights issue from kepland?

 

CPF investment account holder. Please note:

1. You cannot use ATM to pay for your Rights for those held in CPF investment account

2. You must instruct your CPF Agent Bank to exercise ( payment via CPF money) on your behalf. Many feedback that Agent Bank give you a date earlier than CDP date ( which is 2 June for Cash account held in CDP). So please pay attention to the earlier cut off date and submit your form to Agent bank before their cut off date.

 

Yes, documents received.

anyway, you should have online access to CDP, that allows you to check CDP account. The Kepland Rights had been credited in the account prior to rights trading on 19 May.

As it is more convenient to use ATM to pay for Rights, as such CDP account is really more important than the documents.

huateduck      ( Date: 19-May-2009 17:27) Posted: has anybody recevied the document about the rights issue from kepland?

 

Not yet for me,Will be on or around 22nd of May.KLLAnnouncement_Despatch_OIS.pdf?openelement


//has anybody recevied the document about the rights issue from kepland?//

 

has anybody recevied the document about the rights issue from kepland?

 

 

Kepland_R100 ( for odd lot of 100-share)???? wat is odd 100share??? confuse

In Singapore share market, most shares have what they called BOARD-Lot. normally 1 lot =1000 shares. For Kepland, it is 1 lot=1000 share.

As the Rights issues is 9 for 10, so for 1000 shares, the entitled rights is 900, anything that is not multiple of 1000 is termed as odd-lot.

Now, as many people will have this odd lot after the 9 for 10 rights issue, therefore, during rights trading period, some people might want to sell the odd lot, or buy some odd lot just to square his total shares ( meaning they want to round it to the 1000's.) 

Another very common method to square off odd lot is just apply for excess rights. While compay gives priority to investor for squaring their odd lot, there is NO guaranteed that company will approve the application.

In order for trading of odd lot of rights to take place, SGX will create two counters, one of them is called Kepland_R , which is for trading of 1000-share board lot.

Another counter is called Kepland_R100, for trading of 100-share per lot.

Hope this help you to understand the meanings .

Huhushares      ( Date: 13-May-2009 11:37) Posted: Kepland_R ( for 1000-share lot) and Kepland_R100 ( for odd lot of 100-share).   I dun understand the meaning of this can anyone  explain to me thank you. the mother shares now Ex already, Therefore i will get Kepland_R and Kepland_R100? Kepland_R100 ( for odd lot of 100-share)???? wat is odd 100share??? confuse

 

Hopefully the BB will not come n short this counter next week.

niuyear      ( Date: 15-May-2009 12:28) Posted: I also have some question like you and thats why i didnt want to enjoy the rights issue at $1.09, instead, i sold off my shares last week.   I afraid price may be pushed down when trading of rights issue starts.  Some says can buy cheaper in open market.  Lets wait and see.

 

you can buy nil-paid rights during rights trading period 19may to27may.

after that you must exercise the rights by paying 1.09 each to convert to mother share, deadline  2june

Kassanne      ( Date: 15-May-2009 12:35) Posted: If one do not own the Kepland rights, can he/she buy on the market? Will it be converted to shares subsequently?

 

If one do not own the Kepland rights, can he/she buy on the market? Will it be converted to shares subsequently?

 

I also have some question like you and thats why i didnt want to enjoy the rights issue at $1.09, instead, i sold off my shares last week.   I afraid price may be pushed down when trading of rights issue starts.  Some says can buy cheaper in open market.  Lets wait and see.

 

Will the share price be pushed down alot by pple holding the rights(sudden influx of new cheap shares) when they come into play next week?

 

Kepland_R ( for 1000-share lot) and Kepland_R100 ( for odd lot of 100-share).

 

I dun understand the meaning of this can anyone  explain to me thank you.

the mother shares now Ex already, Therefore i will get Kepland_R and Kepland_R100?

Kepland_R100 ( for odd lot of 100-share)???? wat is odd 100share??? confuse

 

Thanks , you are very helpful :)

Just curious , will someone make money through this method . let say buy 10lots of kepland at 1.88. when its is ex right date , he sold off at a cheaper price ( let say $1.70) and incurred a small loss. What he could get is the 9 lots at 1.09. these 9 lots of shares eventually can be sold off at a later price depends on the market.

Isnt it a sure win method ? kept thinking this for very long today. hope you can help

 

The letter is NOT yet ready during this period of cum-rights trading. Because many people will SELL away mother share with Rights.Once the trading is Ex-rights, they will sort out before the BCD ( book closure date) and send letters to inform those who are entitled to the nil-paid rights.

However you do not need to worry about the letter, if you HOLD your share all the way till ex-rights, of course you will get yout nil-paid rights. How do you know? just use CDP online service ( Free service) to login and can see CDP credit Kepland_R in your CDP account on or before the day of Right Trading period, which is from19 May to 29 May. So just check CDP online on the night of 18May or early morning of 19 May will do. My dates were from reading document last time, if there is any new dates they will let you know and you can find from sgx website also. If you do not have CDP online you should apply now because it is very convenience for checking CDP account statement online.

To help you resolve your confusion about the prices, here are three things :

1. Mother share price. i.e. Kepland share price. Now the trading is cum-rights CR.

2. Nil-paid Rights price, this one is determined by market force, only trading during rights trading period. you can see counters set up as Kepland_R ( for 1000-share lot) and Kepland_R100 ( for odd lot of 100-share).

Normally nil-paid rights is trading at MOTHER share price minus Rights Issue Price (1.09).But not always..market force will change that.


3. Rights Issue Price, this one is fixed, at 1.09, in order for anyone to convert nil-paid right to NEW Kepland Mother share, you must exercise (make payment)  on or before the deadline (2 June). failure to do that will make the nil-paid rights worthless. that is ==Zero value.

Since you have 2000 shares, yes, you will be given 1800 nil-paid rights provided you HOLD them till ex-rights date.

hope this helps

 

Bro, any of you receive letter from CDP pertaining to the right entitle ? becos, I not receive yet ...

Seniot Alligator, I have 2,000  monther share , right entitle 1,800 shares right ? If so, I consider to sell it during the right trading period to earn some pocket money  , I am confusing current price and the right price , during the rigth trading period, normally what is the price ? and when is the rigth trading period ? Your advise is appreciated

Alligator      ( Date: 03-May-2009 07:54) Posted: nil-paid rights is given free to entitled shareholders. can i sell my nil-paid rights without converting it mother shares?  Yes, only during rights trading period therefore no need to make further payment right? Yes Huhushares      ( Date: 03-May-2009 01:20) Posted: I have 8 ordinary shares can i sell my nil-paid rights without converting it mother shares?  therefore no need to make further payment right? nil-paid right is free de right?

 

Hi. As I understand it, according to the dividend reinvestment scheme, shareholders can choose to receive the final dividend of 8 cents per share in CASH or in SHARES. The XD date has passed and I have not received any letter or notification asking me to choose how I wish to receive the dividend. Should I call my broker and ask? According to the Rights Issue announcement, those who receive their Final Dividend in SHARES are not eligible to participate in the Rights Issue. Is this true? Does that mean those who choose to receive their dividend in CASH can participate in the Rights Issue? Thank in advance for any advice given!