Shares & Derivatives
Manulife US REIT Upcoming Strategic Review- Will Unit Price Shoot Up Substantially Like Singapore Press Holdings Post Its Review?
By Investment Income for Life  •  November 28, 2022
Great news! Manulife US REIT ("MUST") just announced on 25th Nov 2022 (Friday) that Citigroup Global Market Singapore has been appointed as its financial advisor to conduct the much anticipated strategic review of its business. Please also refer to my previous post:  "Is Manulife US REIT A Good Buy at over 14% Distribution Yield Or A Dividend Trap?". I am pleasantly surprised that the CEO of MUST's Manager, Mr Tripp Gantt,  took such rapid action coming off the 2nd Nov 2022 announcement that MUST will be launching self-introspection on its mandate as an only office REIT. Based on the current unit price, MUST is giving out a high distribution yield of around 13%-14%. I will further elaborate on 3 major implications of this upcoming strategic review exercise as well as touch on the possibility of the worst case scenario (as well as other possibilities) that will leave existing unitholders in a lurch....
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By Investment Income for Life
I am an Accountant by training and is currently working in a global MNC in the Supply Chain industry. During my free time, I enjoy reading up on topics such as stock investing, insurance planning and property investment. Since 2012, I have started penning down my thoughts on certain financial matters while striving to achieve financial independence.
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