Shares & Derivatives
EC World REIT (SGX:BWCU) – To Buy, Hold, or Sell?
By InvestingNote  •  July 14, 2022
There’s certainly no lack of events surrounding the REIT of late – all of which relating to its debt refinancing. To recap, in my review of the REIT’s first quarter results released on 12 May 2022 (you can read my review in full here), I expressed my concerns about the REIT having a huge bulk of its borrowings due for refinancing in the current financial year (i.e. FY2022), in that, out of the S$706.5m of aggregated facilities outstanding, only RMB77.0m of onshore facility will be due in 2029, with the rest due in the current financial year. This post was originally posted here. The writer, Lim Jun Yuan is a veteran community member and blogger on InvestingNote, with a username known as @ljunyuan and has close to 2,000 followers. Subsequently, in separate announcements on 01 June 2022 (you can read it in full here), as well as on 06 June 2022 (you can read it in full here),...
Read the full article
By InvestingNote
InvestingNote is Singapore’s first & largest community-driven platform where investors and traders from all levels connect and share ideas with one another.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance