Cache Log Trust R   

Cache right issue

i think the amount of excess given is related to the amount of your entitlement.
 

 

Goldfinger, you are more lucky than me, I have also applied 50k excess rights but I only got 1.8k excess rights. The Manager should come to clean the mystery and whether any unjust enrichment by the Manager.

 

U r lucky - I applied for 50k excess and only got 2.5k excess rights. I also have a big existing position.

subaru      ( Date: 11-Oct-2017 09:32) Posted: The excess I got is only 29.6% of my entitlement. I am entitled to 6480, and I applied 6520 excess out of which I only got 1920. Bros,  can share?

 

The excess I got is only 29.6% of my entitlement. I am entitled to 6480, and I applied 6520 excess out of which I only got 1920. Bros,  can share? 

 

Based on what I get and If not wrong the distibution of excess rights was based on 50% of the entitlement i.e. if you are entitled for 2000 units then you shall get 1000 units of excess rights. The Manager should very open to unitholfders on how they distribute the excess rights. The authorities have also very lacking in control on this matter. Someone should bring this matter up to the stock exchange.      

 

That's quite high - how many excess did you apply for?

subaru      ( Date: 10-Oct-2017 18:16) Posted: I got 29% of excess rights applied. What about your acceptance % ?

 

I got 29% of excess rights applied. What about your acceptance % ?

 

Thanks, already in. Unfortunately I got so little of excess rights. The Manager has not publish how they distibute the excess rights and no transparency at all. Who have audit the distribution of excess rights.      

 

Check again.  It' s in.

 

It seems the Central Depository has failed to credit the right issue to CDP account by today.