Exciting News Ahead For This Counter!

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Happy Chinese New Year!

Hope everyone have a great year ahead! For many investors and traders, Chinese New Year came early asthe Singapore Stock Market is in a buoyant mood and a lot of people are making gains.

For me, I was lucky to get enough rights excess of the Sabana REIT to have an average price of $0.320. I have since sold all my Sabana REIT shares.

The other lucky shot I had was Singhaiyi Group Ltd. As I have written on 25 Jan 2017, I bought the shares at a low average price of $0.099.

A day after my article was posted, the company made the announcement that they have divested all their holdings in TripleOne Somerset for $100 Million. This is a gain in disposal of asset for at least $30 Million.

 
SGX Announcement

Another important fact on this transaction is that on the 2016 …

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