by: Tam Ging Wien
All examples and stocks quoted here in this article and on the TM and TM site are for learning purposes; it does NOT constitute financial advice or a Buy/Sell recommendation. Contents are reflective of personal views and readers are responsible for their own investments and are advised to perform their own independent due diligence and take into account their own financial situation. If in any doubt about the investment action you should take, you should consult a professional certified financial advisor.
At the close of the trading day on 30-Oct-2018 (Tue), for its 295-for-1,000 rights issue which was used to acquire the Westpark Portfolio. Contained within the document was a risk factor where the REIT could be subjected to a 30% US withholding tax should certain interpretations of the modified Internal Revenue Code (IRC) Section 267A be found to be unfavourable.