This is low ball offer, they should offer premium above the NAV rather than traded price.
This is like Gordon Tang who low ball suntec reit last time and also on the traded price rather than NAV, and eventually got rejected by shareholder.
Hold out and collect dividends better, as DPU will increase since we are going into low interest rate environment - DPU has already gradually increase in the last year.
Very close to nav price , good offer . Almost all property price trade at 50 % to nav . I will accept without second thought .
At 0.48 the offer is not great. Should retail investors hold out for a better offer?
Offer 48c..ESR sold to them 40c....interesting...
All the change of control waivers from the banks received. So much for the naysayers saying this was going to be a challenge.
Volare group did their tender offer buying 10% of the company at $0.465 so clearly they know the underlying value is a lot higher.
Wonder what can that CECA guy can contribute to the Reit ?
Yes the old management had to ask the trustee manager to carry out all the requirements initiated by the new team on internalization.. the 13m spent on the internalization created by the new team . Without this internalization process , the 13 m will not be spent at all .
asianguy ( Date: 08-Nov-2025 21:44) Posted:
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Majority of $13M is spent by existing trustee engaged by old management, not the new manager. Correct me if i am wrong.
eddyeddy ( Date: 06-Nov-2025 10:32) Posted:
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Donald worked hard to increase the DPU before his departure , despite the 13m spent by the new team on internalization.
luckyplate ( Date: 06-Nov-2025 09:13) Posted:
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if the ceo dont  perform like donald ...can we hold ECM to kick it out ?? i miss donald ..
eddyeddy ( Date: 05-Nov-2025 16:47) Posted:
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I remember the Movie, " The Adventurers" ...... its about revolutions in a South American country......
It started off with, the people didn' t like the dictatorship government, so they fought a guerilla war and overthrew them and become government...... but soon they became corrupted too, and another group supported by the heroes in the movie, fought to overthrow them....
one of the handsome heroes, was chosen to lead the country...... but as time went by, he became greedy and corrupted and didn' t care about the affairs of the   country.....the movie ended with another rebel group seeking to overthrow them..... but the moral of the story didn' t end there.... 
Sounds familiar?
Vested tampok 50 lots for fun at average 0.33..... wait to overthrow or throw at over fifty....
I think that' s as far as it can go....
  if they don' t keep their promises or keep it " clean"
It started off with, the people didn' t like the dictatorship government, so they fought a guerilla war and overthrew them and become government...... but soon they became corrupted too, and another group supported by the heroes in the movie, fought to overthrow them....
one of the handsome heroes, was chosen to lead the country...... but as time went by, he became greedy and corrupted and didn' t care about the affairs of the   country.....the movie ended with another rebel group seeking to overthrow them..... but the moral of the story didn' t end there.... 
Sounds familiar?
Vested tampok 50 lots for fun at average 0.33..... wait to overthrow or throw at over fifty....
I think that' s as far as it can go....
  if they don' t keep their promises or keep it " clean"
Promised everything before winning votes , now show their true color. Talk one thing but do another !
Do they need to explain why they need to spend 13 m on the internalizion alone ?
pkli899 ( Date: 05-Nov-2025 15:52) Posted:
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Perhaps you are kind enough to give us the full picture.
Is the entire 2k sf office occupied by the them alone?
They are the sole tenant?
Save others the time and effort. TVM.
If this the case, surely the manger need to explain!
 
Is the entire 2k sf office occupied by the them alone?
They are the sole tenant?
Save others the time and effort. TVM.
If this the case, surely the manger need to explain!
 
Cecil street is in SG , take a bus or mrt to be there within 30m , and you can see it for yourself .A fact is a fact .
pkli899 ( Date: 05-Nov-2025 15:26) Posted:
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Well, I also know there are so many companies having the same address.
What does this imply?
Maybe it is time for the manger to clarfy.
What does this imply?
Maybe it is time for the manger to clarfy.
The fact is this new CEO and her team are working in this almost 2k sf office in Octagon. You can go and see it for yourself . I just went there few days ago .
pkli899 ( Date: 05-Nov-2025 15:04) Posted:
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Let us not get confused with registered address and business address.
Alpha Integrated Reit is still at NTP, the principal business office where all the staff are.
As for The Octagon #10-01, it is just the registered address of the newly formed Internal manager.
In another word, it is the postal address. The place is like a secretarial office.
There are numerous companies having their registered address at this same place.
So, none of the reit staff is station there! By the way, many reits/trusts do maintain a separate registered address.
For example YZJFH, although in the same building, they have their registered address on 26th floor
and actual office on 54th floor of Republic Plaza.  
Alpha Integrated Reit is still at NTP, the principal business office where all the staff are.
As for The Octagon #10-01, it is just the registered address of the newly formed Internal manager.
In another word, it is the postal address. The place is like a secretarial office.
There are numerous companies having their registered address at this same place.
So, none of the reit staff is station there! By the way, many reits/trusts do maintain a separate registered address.
For example YZJFH, although in the same building, they have their registered address on 26th floor
and actual office on 54th floor of Republic Plaza.  
This lady CEO is a very ATAS woman , based on her past record . Face and image very important to her .
luckyplate ( Date: 05-Nov-2025 11:15) Posted:
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