02-08-2015, 02:49 PM
(02-08-2015, 02:09 PM)touzi Wrote:(02-08-2015, 11:50 AM)thor666 Wrote: For planning purposes, it is better that u hold and invest the last 20% at end of year. Last I checked you cannot buy any more rights if u hit. 100%. Remember that SRS is the custodian and has final say in such situations.
Sent from my D5503 using Tapatalk
Investing the last 20% at year end is also risky because you may need more than 1 year of contribution to subscribe to the rights the next year.
Hi touzi,
I don't think there is a foolproof way out of this.. Personally I am also in the same situation of such a "rights risk". Given that share issuance mandayr is almost always passed in sg stocks agm resolution each year, there is always a theoretical possibility that any stocks can call for rights issue.
Perhaps the best way to avoid such situation is to buy etf and other investment that does not of such exposure.
Sent from my D5503 using Tapatalk