
Because from what i seen their announcement:
Expected Books Closure Date for the Distribution : Thursday, 11 October 2012 at 5.00 p.m.
Expected date for the crediting the Triyards Shares into  the Securities Accounts of Entitled Depositors: Wednesday, 17 October 2012
Expected date for the commencement of trading of  Triyards Shares on the SGX-ST  : Thursday, 18 October 2012 at 9.00 a.m.
Expected date for the commencement of trading of  odd-lots of Triyards Shares on the SGX-ST: Thursday, 18 October 2012 at 9.00 a.m.
Expected last date of trading of odd-lots of Triyards  Shares on the SGX-ST: Friday, 16 November 2012 
 
I thought i need to hold until 11 October. So now i get why this stock drops, its because everyone got the dividends already... 
Blastoff ( Date: 09-Oct-2012 17:01) Posted:
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If you  have been  holding the stock until XE, you will be getting the dividends.
JYJY93 ( Date: 09-Oct-2012 16:52) Posted:
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Should i hold on to this stock to get the dividends? down 4.2% today...
it is x-entitlement. you get shares on their new to be listed company triyards. Bit how does this affect the price? vol today looks low
somebody on channel new asia forum market talk say its on XE?! whats XE?!
hmm... why the great fall?
thank u for the great fall :)
selling down asusual. this stock is gone. this stock goes down always. there is a few days of grace period for odd trade trading. why not sell after getting the dividen?
thank you for selling down tis counter
giving me a chance to buy cheaper :)
 
Earlier there was buy up because of the share dividend to make it up to 10 lot to get 1 lot of Tyraid
Now it seems there are those letting go of the loose lots (< 10 lots)   to avoid getting odd lots
cheekong22 ( Date: 03-Oct-2012 11:22) Posted:
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sell down as usual with considerable high volume.
Ezra's stock price expected to go up with this announcement.  Moreover with its NAV of $1.2728.
NOTICE OF BOOK CLOSURE DATE FOR OTHERS
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_473D5C2DF7A8165848257A8B003093D0/$file/EzraDisclosure20121002_Notice_of_BCD_Announcement.pdf?openelement
 
no effect on the stock. selling down as usually. exra is weak.
Ezra reinforces its Asia subsea installation market share with contract win in Vietnam
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_A0A151C932753E1748257A89004E611C/$file/Ezra_Holdings_ContractAward_PressRelease.pdf?openelement
ezra selling down now. strong resistance at 1.24. dun think can break.....
If the listing is confirmed on 18th Oct(Thurs) then the Expected Books Closure Date for the Distribution should be 15th Oct(Mon).
This is base on the indicative timetable from Ezra ,
http://ezra.listedcompany.com/newsroom/20120831_234513_5DN_0E7558A35F5BC00A48257A6B00407730.2.pdf
so does that means that whoever holding onto ezra now will automatically get the triyard shares?
Ezra shareholders at EGM strongly support dividend-in-specie of TRIYARDS stock
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_424550A75C57B45448257A86003B8981/$file/Ezra_EGM_PressRelease.pdf?openelement