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).
Based on the above, I will do the following.
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Create a sell transaction for all your CCT (SGX:C61U) shares at price 0.72 x 1.91 + 0.259 = 1.6342.
Note: I chose 1.91 because on 16 Oct 2020, that it the close price of CMT (SGX:C38U). -
Create a buy transaction for CMT (SGX:C38U) of 0.72 x number of shares of CCT that you had at price = 1.91
Note: Here, I did not include the 0.259 because we receive those in cash.
Cheers,
Evan