Indicative Timetable For Soilbuild REIT Preferential Offering

Soilbuild REIT Logo

This post is to remind myself to apply for the preferential by Soilbuild REIT. If you read my previous post (Soilbuild Launches Preferential Offering to fund Bukit Batok Connection Acquisition), you know that Soilbuild REIT has announced a preferential offering.

The time table is out. Just have to apply via ATM before 19th September 2016 9.30pm.

Event Date and Time
Preferential Offering Books Closure Date 5 September 2016 at 5.00 p.m
Despatch of Instruction Booklet (together with the ARE)

to Entitled Unitholders

8 September 2016
Opening date and time for the Preferential Offering 8 September 2016 at 9.00 a.m. via ARE and ATMs
Last date and time for acceptance, application (if applicable)

and payment for provisional allotments of New Units and Excess New Units

19 September 2016 at 5.00 p.m. via ARE

19 September 2016 at 9.30 p.m. via ATMs

Listing of the New Units pursuant to the Preferential Offering 27 September 2016 at 9.00 a.m

One Important Thing to Do When You Buy REITS

Email Alert

One of the blunder I made recently was that I did not subscribe for Mapletree Commercial Trust Preferential Offering. It was not intentional. I missed the announcement!

The Consequences

The consequence of missing out the offering was the dilution of Mapletree Commercial Trust in my stock portfolio. I conclude that the most important thing when you buy REITs is to subscribe to the investor alerts or mailing list. I realize i did not subscribe to any email alerts for the list of REITs in my stock portfolio. Read More