Comments on: Keppel Land Rights Issue Proposal

By: Yukitai

Yukitai — Sat, 06 Jun 2009 12:44:17 +0000

Thanks Lion, What is my share price over all ? Pls help, because I’m new investor , Thanks a lot.

By: lioninvestor

lioninvestor — Sat, 06 Jun 2009 12:39:16 +0000

Hi Yukitai,

Yes, all will become Keppel Land shares. The only issue is your 800 shares which can’t be directly traded as it is an odd lot.

You will either have to trade on the unit market of Keppel Land, or use Keppel Land 100 (which trades in size of 100 shares).

By: Yukitai

Yukitai — Sat, 06 Jun 2009 11:09:31 +0000

Hi Lion,

I was confusing the pricing ! I have 2000 mother share at $2.40 and I have 1800 Rights at $ 1.09, After the conversion on 12 Jun, Total I got Kepland is 3800 share, Then what is the pricing after 12 Jun ? Can You shown me how to calculate it ?
Can I trade all share( 3800) under kepland counter?

Thanks \ ‘ _ ‘ /

By: lioninvestor

lioninvestor — Sun, 31 May 2009 04:21:21 +0000

Yes. The rights is just like a very short term warrant or call option. $1.09 is the conversion (or strike) price.

But like I mentioned, the trading period of Keppel Land Rights is already over.

By: Tan

Tan — Sun, 31 May 2009 04:16:52 +0000

Hi, That means the trading price of Rights is fluctuating as well with the mother shares during the Rights trading period?