Companies that need $ to expand their operations will offer "right shares". It is suppose to devalue the shares in the market but since I've held my shares for years the value of the shares have gone up. Recently Public Bank offered a "right shares" which I accepted. Public Bank is one of the better banks in Malaysia & I was planning to pick up more of their shares anyway, before I received their "right shares" offer
It is unfortunate about the devalued ringgit. Even with the devalued ringgit, the dividend when converted to $SGD is more than enough to live comfortably on. Looking at moving to Thailand on a semi-permanent basis because of a better quality of life there. I started investing in Malaysia when Mahathir was PM & eventually Najib will be gone & hopeully the ringgit will recover. I see now as a good time to invest in Malaysia because the low ringgit makes it a bargain.
I am also receiving USD$ dividends from my US investments. Currently using it to re-invest in the US but I'm worried about Trump. So waiting to see what happens before I decide?
I also used to punt during the CLOB years but I've transferred some of these shares to Malaysia. I realised that Malaysian shares give a steady stream of dividends.
When I was investing in Spore I often lost $ because many of the companies I was invested in was acquired & I was forced to sell my shares at a loss :(
So I continue to invest where I have made money i.e. US & Malaysia, and gotten out where I've lost money i.e. Spore. Your mileage may of course be different.