Shares & Derivatives
8 Quick Things I Learned from Capitaland Commercial Trust’s AGM 2015
By The Fifth Person  •  June 17, 2015
Photo: Capitaland One gentleman in his early fifties who identified himself as Mr Wong bought CapitaCommercial Trust (CCT) in 2009 when CCT was in distress due to the 08/09financial crisis. He held on. Today, his dividend yield is easily in the double digits every single year. As we all know, investing in real estate investment trusts (REITs) boasts predictable and stable returns, and Mr Wong doesn’t the idea of uncertainty. He asked:
“Is there a succession plan for the board of directors? Otherwise, I do not know what my future will be. On succession, we must also consider female board members.”
Lynette Leong, CEO of CCT, a vibrant and energetic figure who’s always well-organized with her presentations replied:
“I want to assure you I have been in this position for more than seven years [since 2007] and I’m fairly young! I hope I can continue with the trust. So ...
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By The Fifth Person
The Fifth Person believes in spreading a message that financial literacy and sound investment knowledge can help people around the world achieve financial independence and lead better lives for themselves and their loved ones.
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