Guess this is the hottest business news since the announcement made last week : While everyone seems excited about how it will transform CapitaLand 3.0 to be one of the Asia largest real estate group and world No.9 in term of AUM , with 8 listed REITs entity on SGX. I am more interested in below slide which show the “deleverage plan” of how they are going to reduce the net debt/ equity ratio from 0.72x (post transaction) to 0.64x by Dec 2020. Well , it mean that the chances of divesting (some said “dumping”) part of these 3 Bil assets to those listed REITs entity has increased, and guess what , investors should expect more “rights issue” for those REITs which have higher “gearing” in case they are going to “ Hop –in Hokkien” or receive part of these “divesting assets “. We all knew that...