Last Friday, I have sold off all my K1 Ventures shares. Overall, I made a profits of $150 after holding the shares for two months. The size of the yield is 0.7% and there is nothing to shout about. I wanted to hold the shares longer until the 3Q results are released in April. But I am consolidating all my funds to purchase an Executive Condominium, so I have decided to divest all my shares (thankfully with some profits).
For the uninitiated, K1 Ventures is the investment arm of Keppel Corporation and was formerly known as Keppel Marine Industries Limited. The investment firm pirimarily invests in education, energy, and transportation leasing companies in the United States. Compared to its parent company, Keppel Corporation, K1 Ventures is of course less well-known and is under the radar of most investors. However, under the guidance of their Chairman and CEO, Mr Steven Green, the company has ...
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