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First REIT- Important Upcoming Events And Accumulation of Units (Will First REIT Soar Or Crash Further?)
By Investment Income for Life  •  April 6, 2019
3 key upcoming events to watch out for First REIT for this quarter. (1) The AGM for FY2018 will be held at Mandarin Orchard Hotel on 9th April 2019. There is a resolution tabled on top of other routine resolutions such as re-appointment of auditors. The additional resolution sought to change the Trust deed and proposed that the distribution payment period of First REIT be amended from 60 days to 90 days. (2) The other major event is the announcement of 1st quarter results on 10th April 2019. (3) The third event would be the AGM of Lippo Karawaci on 18th April 2019 to approve the US$730 million dollars worth of rights issue to resolve the liquidity crisis.  1. Additional resolution to change the distribution payment period of First REIT from 60 days to 90 days during AGM on 9th April 2019. The rationale for the proposed amendment was due...
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By Investment Income for Life
I am an Accountant by training and is currently working in a global MNC in the Supply Chain industry. During my free time, I enjoy reading up on topics such as stock investing, insurance planning and property investment. Since 2012, I have started penning down my thoughts on certain financial matters while striving to achieve financial independence.
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