facebookHow do you subscribe for rights issue for reits for custodian account like tiger broker? - Seedly

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Anonymous

24 May 2021

βˆ™

General Investing

How do you subscribe for rights issue for reits for custodian account like tiger broker?

Rights issue for reits

Discussion (2)

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Tan Choong Hwee

24 May 2021

Solutions Specialist at Providend

I also never subscribed to rights issues with Tiger Brokers, so can't give advice on how to do it. However, I do foresee issues if subscribing to rights issues ended up with odd lots, because Tiger Brokers doesn't support odd lots trading.

24 May Update:

I checked with Tiger Brokers regarding rights issues, and here is their reply:

  1. Subscribe to rights issues: Mobile App - Trade - More - Corporate Actions.

  2. Tiger Brokers doesn't support odd lots trading, but can close odd lots holdings: Mobile App - Me - Tiger Account - Odd Lot Sell.

thefrugalstudent

24 May 2021

Founder at thefrugalstudent.com

Hi Anon,

For Tiger Brokers, it should be found in their app under "Tiger Account", "Corporate Actions".

I've never subscribed to a rights issue so I don't know what are the steps to follow, but if you're eligible for it, you should be able to find out at the respective page in the app.

Hope this helps!

Regards,

thefrugalstudent

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