LMIR: Excess rights.

It seems that LMIR's management has the same approach towards excess rights as First REIT's management.

Smaller unitholders would see more of their application filled compared to larger unitholders. I make this statement after exchanging notes with some friends and readers.

For me, excess rights alloted as a percentage of the units I was holding before the rights issue is about 17%. A friend's percentage is closer to 80% and he has much less invested in the REIT than I do.

Although a bit disappointed even though I kind of expected this since LMIR is controlled by Lippo just like First REIT is, I shan't complain since successfully getting excess rights is like getting free money. It's a bonus. :)

Girls, do up your hair!

In my blog post titled "REITs and rights issues: A Singaporean tale", I let my hair down figuratively. Even if I had really wanted to let my hair down, it would have been a challenge since I always cut my hair very short. ;p

For Christmas, there will be Christmas parties to attend, I am sure. Even a reclusive person like me gets invitations. I guess I am not reclusive enough.

Anyway, many would make an effort to look good for such parties. Girls especially would wonder how to make their hair look good. See how a celebrity blogger like Xiaxue does it.

Follow this link: http://sg.churpchurp.com/AK71SG/share/liese

Girls buy new clothes, get nice shoes to wear, but often, they are at a loss as to how to wear their hair. (Hey, that is what they say. I wouldn't know.)

Check out Liese’s Xmas lookbook on their facebook page:
http://www.facebook.com/media/set/?set=a.323820864311101.97856.121455291214327&type=3