There was a 100-for-16 right issue by Ascendas REIT in which, I managed to purchase an excess quantity of 1558 unit at @2.63. This should net me a tidy profit of $600++ if I were to sell the excess quantity. It truly came as a surprise as the right issue was oversubscribed at 136.4%. As I previously bought through Maybank Kim Eng Monthly Investment Plan which they discontinued this year, the excess rounded up my holdings.
Aside from the right issue, I also purchased 800 units of Ascendas REIT at $2.91. The right issue placement is supposed to be yield accretive hence I am quite confident in its future.
I have just realised that my total investment in StashAway almost reached $10,000. Being a ‘kiasu’ kind of guy, I will be reducing my contribution to StashAway and in the midst of looking for bang of the buck robo advisors. Reason being, I am currently in the midst of referral promotion which manages my money for free up to $10,000.
The chart is a bit buggy as it counted my transfer from a deleted goal (‘General Investing’) to ‘Retirement Fund’ as a deposit. My return from ‘General Investing’ was $275.68.
Hence, the total returns from StashAway should be $442.96
Below is my investment goals. I contributed $2,000.00 to my new SRS account.
My Bornean Financial Journey 