(CFD) CapitaLand Integrated Commercial Trust (CICT) Non-renounceable Rights Issue  Blog, MSF, POEMS, Uncategorized  September 16, 2024

Please be informed that CapitaLand Integrated Commercial Trust (CICT) is undergoing a non-renounceable rights issue of 56 for every 1,000 existing shares with ex-date on 10th September 2024, Tuesday. We will be catering for this corporate action for both LONG and SHORT position. Subscription of rights are allowed. For LONG clients who are intending to hold their positions past the ex-date and be entitled to the rights, we would like to highlight the increased risk of a margin call between the ex-date and the date the entitlement is credited. LONG clients may choose to oversubscribe, subjected to availability. LONG clients that are interested to subscribe to the corporate action may contact their trading representative to write in an email before the cutoff date 12pm (GMT+8), 19th September 2024. The subscription for the rights will lapse after the cutoff date. For SHORT clients, entitled rights will be covered and booked into the account in the form of a negative cash adjustment after the corporate action have been processed. Clients will still be subjected to standard margin call procedures. CICT shares CFD will be reflected in your CFD account at the exercise price after the corporate action has been completed (exact date yet to be confirmed). Updated 16th September 2024, 9:35am