Soilbuild Business Space REIT has recently issued SGD100 million 3.60% fixed rate notes due 2021. Moody’s has given the notes a definitive rating of Baa3. Honestly, when I saw the “Baa3” rating, I did not understand …
Continue readingOUE Hospitality Trust Rights Issue Over Subscribed
On 6th April 2016, OUE Hospitality Trust announced that the rights issue was 139.9% subscribed. I have taken up the rights and should see the stapled securities being added to my Central Depository by Wednesday, 13th April …
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The Path to Financial Freedom
How do you define your success? Is it getting a promotion at your job or having enough passive income to declare you are working for leisure only? Regardless of which, there are many underlying hard …
Continue readingKingsmen Creatives New Group Chief Executive Officer
After writing this post (My Personal Analysis of Kingsmen Creatives), I received notification in my mail box with regards to some changes in Kingsmen Creatives management. Kingsmen Creatives was established in 1976 by Mr Benedict …
Continue readingSummary of March 2016 Transactions
In the month of March, the stock market has recovered slightly and most stocks have rallied. As such, I have decided to stay clear of the current stock market to build on my war chest …
Continue readingMy Personal Analysis of Kingsmen Creatives
Overview Kingsmen Creatives Ltd was founded in 1976, which means they have been around for 40 years. Kingsmen Creatives was listed on SGX in 2003. Kingsmen Creatives provide services in 5 business segments. They are Research …
Continue readingParkway Life REIT Purchase New Japan Nursing Home
On 24th March 2016, Parkway Life REIT announces the purchase of a new nursing home facility, “Silver Heights Hitsujigaoka Ichiban-kan & Nibankan” for JPY1,100 million. This is approximately S$13.6 million. Location The nursing home facility is …
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My Sweet Retirement Subscribes for OUE Hospitality Trust Rights
With the issuance of rights, DPS will fall from 6.55 cents to 5.38 cents. The DPS Yield will fall from 8.6% to 7.6%. I asked myself the following 3 questions below previously in my post …
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