sorry ucypmas, ya u rite. is another rights issue
and i was also posting this as another million-dollar qn to MM
just having fun on a fri keke
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btw anyone can help me with below 2 qns? Thanks in advance.
Q1) in the news release (pg3 of 8 ) , CCT mentioned post-rights distribution yield of 10%.
How did they get this 10%?
In the notes (5) at the bottom of this page, CCT said FY08 pro-forma adjusted DPU is 5.91cents.
This divided by their TERP $0.825 is only 7.16% yield.
Q2) In 1Q09, CCT reported DPU $45.404m / 1401m shares or 3.24cents
CCT pays dividends semi-annually
does it mean shdrs will now need to share this $45.404m with additional 1403m rights shares? else face dilution?
so post-rights, 1Q09 becomes abt $45.404 / 1401m + 1404m rights shares = 1.619cents
correct?