This blog is actually the second reply to a reader, csky, who is interested in knowing how much have I invested in DBS, OCBC and UOB, amongst other things?
I decided to publish this as a blog as there are probably other readers who might be interested in this.
The question started with why didn't I channel funds I used to increase my investment in IREIT Global into Sabana REIT instead?
In reply, I said:
"There isn't any brilliant reason behind this.
"It is simply timing.
"I like what Sabana REIT's activist investors are doing but I was not sure if they would be able to block the proposed merger.
"I only added to my investment in Sabana REIT in early December when the proposed merger was scuttled.
"The purchase of more IREIT units at between 58c to 62c a unit happened in October and November."...