China Merchant Pacific, a Singapore listed toll road company recently purchase another toll road. I have not have the time to write about it. As the EGM took place this morning, I would like to summarize my thoughts here. Previous written articles on this company are listed here.

• Investing in the economic moat of toll roads: CMHP
• CMHP: Dividend Yield on Track
• Purchase of Beilun
• Purchase of Jiu Rui
• Q1 2013 report and some AGM updates and analysis
• The dividend growth thesis
• Relocation and Removal of toll gates
• Full year results and dividend hike
• Restructuring of Management
• 2014 AGM Updates

Second Chance with Jiurui

On 21st July 2014, CMHP announced that they will be acquiring Jiurui Expressway again. You can view the announcement here. On 12th Dec 2012, CMHP previously announced the acquisition of Jiurui Expressway. The deal involves funding the purchase of Jiurui expressway by way of a cash ......