Added InnoTek to the Strategic Section of the Investment Portfolio. This is the first stock that is not a Reits in the Strategic Section since 2015. At first was thinking should it be put into the Incubator Portfolio but since its business is quite similar to Valutronics, it doesn't make sense to put it there. Thus, placing it in the Investment Portfolio. Next, given that am intending the accumulate at $0 or minimum cost, thereby putting it in the Strategic Section is more appropriate than the non-Strategic Section.
Company Background
The Company was incorporated in Singapore on 28 November 1995 under the name of Magnecomp International Pte Ltd and adopted the name Magnecomp International Limited when it was converted to a public limited company on 6 December 1997. The Company was listed on the Mainboard of the SGX on 7 January1998. The principal activity of the Company is that of investmen...