Shares & Derivatives
Can Forchn Holdings pay off the rents to EC World REIT?
By Llama Finance  •  June 2, 2020
Hello there! I believe right now everyone is spooked by the First REIT saga causing a drop in its share price from $0.820 to $0.650 region in a matter of hours on 1st June 2020. The funny thing is that the CEO of First REIT mentioned he does not have knowledge of the announcement made by Lippo Karawaci regarding the lease arrangements. Seems sensitive, shall stop talking about First REIT here.
Upon request to study EC World REIT together
Today, as requested, our focus is on EC World REIT. EC World REIT is the only true-blue logistic REIT listed on SGX. Here is the portfolio of properties owned by EC World REIT:
The REIT owns a few warehouses, logistics properties, and a port. The sponsor is Forchn Holdings Group Co Ltd. It seems like a good and reliable sponsor for the numerous awards it has won.
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By Llama Finance
Hi everyone! This is Mr Llama. Mrs Llama is my fiancee. I am in my late 20s. This is the tricky age where one is trapped between trying to save, and having to spend a huge sum on settling down. Yes, I am talking about Engagement, Wedding, and having a flat. It does not come cheap in Singapore.
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