CapitaLand Sells ION to CICT, Good Deal?

[@ultralaksa5720]

Having a strong sponsor that continually “handover” well managed properties and move on to develop more properties is important for a REIT.

[@akyap44]

Just left pocket to right pocket with a twig. Basically it means CLI need cash so divest to CICT to borrow money because REIT can easily to get fund. CICT gearing will be above 40%. With just 0.9% DPU increase, I don't think good deal. Just my thought.

[@DrWealthVideos]

Gearing still below 40%.

[@akyap44]

Yes they presented 39.8 to 39.9, just 0.1 up. Doesn’t make factual sense. Something in the book will be compromise. Let see after the exercise.

[@MasterLeong888]

Green Dragon Lets go! 2.00 or 1.80 jiak jiak jiak

[@DrWealthVideos]

Why green dragon

[@ignatiusee3564]

Don't bother with this idiot

[@kimkuan888]

What is I only have 230 share. How much should I buy?

[@xuejuanlin6552]

May I know the closing record date for existing shareholders to buy the allocated shares? I saw that it is closing on 11 Sep at 5pm. Is it so?

[@DrWealthVideos]

Yes. 11 Sep was the cutoff to be eligible for the rights.

[@xuejuanlin6552]

So this means that if I did not purchase the allocated shares as of 11 Sep then I have missed it all? I thought it is mentioned there is a EGM in around Oct or Nov? Sorry. I am confused

[@hareshchandiramani4023]

Hi Alvin, by when must you subscribe for the rights issue? I have CICT shares currently but no information by when or how. Thank you :)

[@DrWealthVideos]

Letters haven’t sent to you yet. I’m faster :D EGM first. Approved the purchase then the offering will come

[@hareshchandiramani4023]

Got you & big thanks!

[@schin5455]

@@DrWealthVideos the ex date is 10/9, meaning to say, if i dont owe the stock by this date, i will not get the right issue offering, am i right?

[@sookiansheng]

Thanks for the video. Will the shareholders of Capitaland Invest (9CI) be affected? If Yes, in what way?

[@DrWealthVideos]

Equivalent to you sold the property and get the money lo.

[@davidnhc]

Another value creation….seller benefited from cash inflow. Whereas buyer, there maybe concern such as not mentioned but Dr. wealth. This may look like moving asset to boost liquidity at the expense of others…

[@DrWealthVideos]

what is the concern for buyer? For REITs, buying properties from sponsors is a common thing. They even have ROFR. As long as they are good properties at fair prices. In fact, some investors prefer REITs backed by strong sponsors.

[@mithmith9134]

Not 3.2M. it's B!

[@DrWealthVideos]

Oops

[@earthling6969]

Sounds like left pocket to right pocket 😂 wonder who gain most? I prefer FCT heartland malls mainly

[@DrWealthVideos]

Most REITs bought their properties from sponsors. Especially for their initial portfolio. FCT did that with Frasers property.