Shares & Derivatives
Cory Diary : Dividend Investing ( Cap Rate, Convertible Bond and Capital Distribution )
By CoryLogics  •  April 24, 2016
This is my 2nd part on the topic of Dividend Investing. This week note is about Cap Rate, Convertible Bond and Capital Distribution which I did a quick exploration from recent reading of Suntec Reit 1QFY16 Results. Key Highlights 1. Completion of Suntec City Phase 3 and Suntec City Office 2. Higher distribution per unit of 2.371 cents which was 6.3% higher than 1Q FY15 3.Capital distribution of S$4.0 million from the sale proceeds of Park Mall. More cut and Paste from previous announcements that I manage to find.
  • "consideration of S$411.8 million (the “Divestment”),"
  • "Park Mall Investment Limited (“JVCo”) of which Suntec REIT has a 30.0% interest has been set up, to redevelop Park Mall into a commercial development comprising two office blocks and an ancillary retail component (the “Redeveloped Property”)",
  • "Suntec REIT’s 30.0% interest in the JVCo",
  • "As the consideration is ...
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By CoryLogics
I am not an investment adviser. Nothing herein my blog constitutes investment advice. Is my personal believes that not everyone has to go through the hard way. This blog also serve a purpose to help me record my understanding and personal learning growth. I sincerely welcome all comments.
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