Thursday 21 April 2011

Hyflux 6% preference share distribution funny

Applied for 100 shares of Hyflux 6% and got 30. Used my wife account to do the same and got the same amount. Seems like everyone who applied got some odd lots. Will have difficulties selling.

The distribution:
100                   30
110 to 290        50
300 to 490        70
500 to 990        110
1,000 to 1,990        180
2,000 to 2,990        340
3,000 to 4,990        490
5,000 to 7,490        730
7,500 to 9,990        1,200
10,000 to 19,990        1,450
20,000 and above        3,170

Source: http://hyflux.listedcompany.com/newsroom/20110421_131415_600_6C79D9C12D5B385748257879001AD74A.1.pdf