Fortune Reit

[ichew]

http://info.sgx.com/webcoranncatth.nsf/ ... penelement

dual listing more or less approved
hk listing date = 20-apr
lastdone = HK$3.60

[peter]

vested, thanks ichew for the info.

Not quite sure whether to do a batch transfer to HK. Do you think it will be worthwhile? thanks

[ichew]

vested, thanks ichew for the info.
Not quite sure whether to do a batch transfer to HK. Do you think it will be worthwhile? thanks

u r welcome peter
i am vested too but i do not know if it's worth it to do it.
need to check with our brokers
let me call tml and upd u
alternatively, we can read the announcement n digest all the costs mentioned

[ichew]

according to the link, it takes abt 9 to 13 biz days to txf over
there exists a $25 withdrawal fee payable to CDP too

[peter]

hi ichew,
checked with my remisier, said market between HK and Spore is likely efficient, price difference not likely to be significant. Moreover they are in the same currency. With the cost and delay involved I will not do the transfer. Do expect price upside, quote example of china xlx

[ichew]

exited with a little profit
possible exit px range = HK$3.90 - HK$3.95
HKSE opened at HK$3.94

[eauyong]

Fortune REIT (00778) ends midday at $3.94
12:42
Infocast

(Infocast News) Fortune Real Estate Investment Trust (00778) closed midday at $3.94 in Hong Kong.

The REIT was traded between $3.92 and $4.15 per unit during the morning session today for a total of $44.16 million, with 10.969 million units changed hands.

[peter]

Just saw that a Lim Hwee Chiang bought 2 million over shares last week on the counter

[ichew]

Just saw that a Lim Hwee Chiang bought 2 million over shares last week on the counter

u r mistaken
pls do re-check
he didnt buy ...

[peter]

You are right ichew, was misled by DBS Vickers report stating as Buy. Confirmed at SGX, they were actually shares given in place of fees. Is there a faster way to check than having to open up all the attachment files in SGX with director dealings? thanks
Sold off my rights