o, brother, they are pushing it down to collect...can you see the number of small shares throw down & their own people who queue there got the shares and not others and when they throw down, other stupid idiots panic and so they sell cheaply to them...so indirectly these foolish idiots are helping this syndicate.---Supermix
For those of you who got a cheque in the mail today from SUNREIT, this is the refund due to the company winning the Industrial Building Allowance dispute for the period between Jan 2013 - June 2015.
Based on the table provided, entitled shareholders who had collected dividends during this period would get a refund on the tax overpaid. This will vary from individual to individual as some shareholders would have bought or sold some shares during this period. Others might be non-resident or as a corporation, which would further complicate things.
For ease of calculation, let's assume you (as a tax-resident individual) have 10000 shares kept from Jan 2013 until Sept 2015. From the table, your refund will add up to RM0.00163 per share, or RM16.30. Just enough to treat yourself to a Starbucks coffee, I guess. :D
Link: http://www.bursamalaysia.com/market/listed-companies/company-announcements/5057741 The Board of Directors of Sunway REIT Management Sdn Bhd, the manager for Sunway REIT (“the Manager”), is pleased to announce that the Manager has on 12 April 2016 received a letter from Inland Revenue Board of Malaysia confirming that a sum amounting to RM2.17 million will be refunded to the unitholders of the 11 Affected Distributions. The sum of RM2.17 million will be refunded to the unitholders based on their total unitholdings on the entitlement date for the 11 Affected Distributions and the corresponding amount of refund per unit is as tabulated in the table as attached below.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Beza
1,847 posts
Posted by Beza > 2016-03-15 10:33 | Report Abuse
When market violates, it goes up like today.