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CityDev

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john_ric
    08-Apr-2020 14:28  
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all the more we should avoid  Suntec Real Estate Investment Trust, esr/sabana Industrial Trust and OUE Commercial Real Estate Investment Trust,
 
 
Starship
    08-Apr-2020 13:38  
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Looks like this guy now need lots of $$$$$$ to pay off debts.............
He also sold 127m IReit shares in May 2019.


From 2014 news:

A Chinese tycoon plans to buy about 60 per cent of the initial public offering of IReit Global, a Singapore real estate investment trust that will invest in European properties, in his latest push to ramp up reit investment in the city state.

Tong Jinquan, ranked by  Forbes  as China' s 35th-richest man, plans to buy 254 million of the 423 million units in the listing, which are being offered at 88 Singapore cents (HK$5.49) a unit, according to the prospectus.

Tong' s holdings in nine Singapore-listed reits added up to about US$780 million, data showed. He owns 64.75 per cent of Viva Industrial Trust, 4.58 per cent of Suntec Real Estate Investment Trust, 12.93 per cent of Cambridge Industrial Trust and 16.2 per cent of OUE Commercial Real Estate Investment Trust, among others.

https://www.scmp.com/business/companies/article/1555916/chinese-tycoon-tong-jinquan-buy-60pc-ireit-globals-ipo

Joelton      ( Date: 08-Apr-2020 11:20) Posted:

Chinese tycoon Tong Jinquan sells substantial stake in IReit Global to key unitholders Tikehau, CDL



WED, APR 08, 2020 - 5:50 AM

Singapore

CHINESE tycoon Tong Jinquan has sold a substantial stake in IReit Global to the real estate investment trust' s key unitholders and strategic partners, Tikehau Capital and City Developments (CDL), for S$64 million.

A Tuesday announcement said that French asset management...
https://www.businesstimes.com.sg/companies-markets/chinese-tycoon-tong-jinquan-sells-substantial-stake-in-ireit-global-to-key

 
 
Joelton
    08-Apr-2020 11:20  
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Chinese tycoon Tong Jinquan sells substantial stake in IReit Global to key unitholders Tikehau, CDL



WED, APR 08, 2020 - 5:50 AM

Singapore

CHINESE tycoon Tong Jinquan has sold a substantial stake in IReit Global to the real estate investment trust' s key unitholders and strategic partners, Tikehau Capital and City Developments (CDL), for S$64 million.

A Tuesday announcement said that French asset management...
https://www.businesstimes.com.sg/companies-markets/chinese-tycoon-tong-jinquan-sells-substantial-stake-in-ireit-global-to-key
 

 
7ocean
    03-Apr-2020 14:28  
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$3 is coming....

Starship      ( Date: 03-Apr-2020 13:38) Posted:


 
 
Starship
    03-Apr-2020 13:38  
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AhLiang
    03-Apr-2020 13:35  
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Drop like no tomorrow.

Any brother sister knows its lowest during the 2008 recession ?
 

 
john_ric
    19-Mar-2020 11:25  
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Down 10% today.

Going back to historical low of 3.xx
 
 
7ocean
    19-Mar-2020 10:28  
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OMG CDL drop until NO End.......
 
 
7ocean
    13-Mar-2020 12:16  
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is that CDL drop to $7
 
 
 
TA_Expert
    11-Mar-2020 18:36  
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Good news? Maybe you check with this guru member WLxxxxx over in the other thread for his take.

He is calling the end of the world before the mother nature saves us.

Papason883883      ( Date: 11-Mar-2020 15:30) Posted:

That is a good news. Hope futures turn for the better soon 

 

 
Papason883883
    11-Mar-2020 15:36  
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CDL got properties in England and UK
 
 
Papason883883
    11-Mar-2020 15:30  
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That is a good news. Hope futures turn for the better soon 
 
 
Papason883883
    11-Mar-2020 15:27  
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Bank of England cuts rates by half a percent to 0.25%

 
 
Papason883883
    11-Mar-2020 15:08  
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I' m suffering badly by the drop. However, I' m looking forward to FED and other countries rate cut soon. 🙏 🏻
 
 
Papason883883
    11-Mar-2020 10:16  
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The trades before Market open are not stupid. They see sales doing up with Low interest rates
 

 
Papason883883
    11-Mar-2020 09:49  
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Ultra Low interest rate is coming

TA_Expert      ( Date: 10-Mar-2020 22:24) Posted:

Remove ABSD..... this is a dream.....

With ultra low interest rate, which ministry dare to advise to the PM to cut ABSD? unless he doesn' t want his job.

ABSD must continue, and revise upwards instead.

Papason883883      ( Date: 10-Mar-2020 16:56) Posted:

If Ah Gong lower ABSD these few days, then u will wake up??


 
 
TA_Expert
    10-Mar-2020 22:24  
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Remove ABSD..... this is a dream.....

With ultra low interest rate, which ministry dare to advise to the PM to cut ABSD? unless he doesn' t want his job.

ABSD must continue, and revise upwards instead.

Papason883883      ( Date: 10-Mar-2020 16:56) Posted:

If Ah Gong lower ABSD these few days, then u will wake up??

 
 
Papason883883
    10-Mar-2020 16:56  
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If Ah Gong lower ABSD these few days, then u will wake up??
 
 
Papason883883
    10-Mar-2020 16:48  
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Wake up! You have dropped $1 in the last 4 days. 
 
 
Papason883883
    10-Mar-2020 15:04  
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Can you move up and I would like to get rid of you !
 
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