Any feature to cater for upcoming potential CCT and CMT merger?

Q&A
2

I think this is similar to this => Update ASCENDAS-HTRUST to ASCOTT TRUST - #2 by yongkiong

As I am not following this merger, I am actually not clears about the terms and conditions.

  1. If someone can tell me about the terms and conditions.
  2. And we can all agree on how to properly handle it.
  3. I can definitely try to add the ability in StocksCafe to automatically handle.

Cheers,
Evan

Edit: To prevent users having to read through the whole thread. I am posting the solution here!

Under the Trust Scheme, CMT will be acquiring all the units in CCT held by CCT Unitholders in exchange for a combination of new units in CMT and cash. The consideration for each CCT Unit under the Trust Scheme (Scheme Consideration) comprises 0.720 new CMT Units (Consideration Units) and S$0.2590 in cash (Cash Consideration).

  1. Create a sell transaction for all your CCT (SGX:C61U) shares at price 0.72 x 1.93 + 0.259 = 1.6486.
    Note: 1.93 is the price of CMT on 19 Oct 2020.

  2. Create a buy transaction for CMT (SGX:C38U) of 0.72 x number of shares of CCT that you had at price = 1.93