I have a question about this merger which has been approved and the scheme settlement date is on the 28th APRIL 2022 (Thursday). Here are the details of the scheme consideration of the ESR REIT (SGX:J91U) acquisition of ARA LOGOS (SGX:K2LU).
ARA LOGOS unitholders will receive-
*$0.97 per ARA LOGOS unit and-
*1.7729 new ESR units (at $0.4924) per ARA LOGOS unit
I currently own 8000 ARA LOGOS (Av. Price - $0.893) units and 7000 ESR (Av. Price - $0.434) units.
Expected date for the delisting of ALOG is MAY 5th 2022.
My question is “what should i do to account for these changes in my portfolio?”. It seems like a complicated task to do. Please help.
Thank you.
Sure. Give me this weekend to prepare for this. Likely I will create the “event” so that users with ARA LOGOS simply need to click “accept” and transactions will be created for them.
There is also a clean-up dividend from ARA Logos which has gone ex on 21 April 2022. Did not notice any update on this with regards to the dividend tab.
Suppose, the clean up dividend needs to be included for purpose of computing the total return for the closed position of ARA Logos.
Also, noted that projected dividends till end Dec2022 include ARA logos which will be non-existence.
I see. As it was announced just before the long weekend, that explains why upstream data not updated yet. I would say let’s wait another 2 business days to see if it get updated on its own else we will override it.
There is a “ALOG Clean-up Distribution of 1.406 cents per ALOG unit for the period from 1 January 2022 to 21 April 2022 (being the day immediately before the Effective Date of 22 April 2022)”
I think the event link above did not factor this in. so do we need to manually add in the dividend?