facebookI just read that FCT has open application for preferential shares. Any idea how we can purchase them? - Seedly

Anonymous

08 Jun 2019

General Investing

I just read that FCT has open application for preferential shares. Any idea how we can purchase them?

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Gabriel Tham

08 Jun 2019

Tag Team Member at Kenichi Tag Team

First, you need to be an shareholder when it announced the preferential offering. If you are only buying it now, its too late.

Next, you will receive a letter from them. It will state how many are you entitled to. The offering is 31 shares per 1000 of holdings.

The document will state the ways you can apply for it. iBanking or ATM is the most convenient.

For ibanking and atm you just key in the amount that you want to take up and pay from your bank account. You can apply for excess, which will also be deducted from your bank account.

Only after the results will you know how much shares you are being allocated and the refunds.

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