Shares & Derivatives
Possible delisting of Saizen REIT, First REIT and LMRT.
By A Singaporean Stockmarket Investor (ASSI)  •  October 29, 2015
You know what they say about how things just seem to happen all at once sometimes? It never rains, it pours. What are the chances of getting three strikes in a row? A turkey! That certainly got my bowling ball excited. Just a few days ago, we heard news that Saizen REIT received a firm offer for their assets and this could well lead to the REIT being delisted if the offer is accepted. On my FB wall and here in ASSI, various discussions went on as to how much the offer could be and what could we do to fill the hole in our passive income if Saizen REIT were to be delisted. Well, we might have more to ponder over after a friend shared this with me: Lippo Group plans to shift two real estate investment trusts (Reits) with 35 trillion rupiah (S$3.63 billion) in assets from Singapore to ......
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By A Singaporean Stockmarket Investor (ASSI)
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