On the same day, I increased my position on Mapletree Logistics by 4,000 shares at $1.60 per share & Mapletree North Asia Commercial Trust by 4,300 shares at $1.41 per share.
After the purchase,my holdings for Mapletree Logistics & Mapletree North Asia Commercial Trust will increase to 10,000 shares & 14,300 shares respectively.
Initially I am concerned about the political situation in Hongkong which will affects the Mapletree North Asia as 62% property income derive from its Festival Walk property in HK.Though the management have mentioned they have done pre-empt measures but is helpless if the unrest continue or spread to the mall.
On the side note,the students in HK are patriotic & I admired their patriotism to participate in a peaceful protest but I condemned their destructive acts of creating unrest in the country. Because they...