Posts

Showing posts with the label Ascendas REIT

Perspectives from the acquired

Image
Capitaland acquisition of Ascendas Singbridge From a high level perspective, Temesek holdings and capitaland is doing a merger via swapping of shares. Capitaland gains control over the units of A-REIT, I trust H trust, and property development arm of Ascendas Sing bridge. Temesek gains a controlling stake in the Capitaland cash cow. There is no direct impact on Ascendas India trust and ascendas REIT as the controlling shareholder TH stays the same, amid shrouded by an additional corporate veil.  18.14% of my portfolio is exposed to ascendas singbridge. (Ascendas India trust and Ascendas REIT). Although I did not deliberately structure it to be significantly exposed to one single sponsor , it could be a potentially unexpected windfall if capitaland shareholders decide to approve this acquisition and the acquirer makes a tender offer for the remaining I trust and A REIT units (In capitaland shares or cash). This is nonetheless speculation as firm details can only be provided aft

Portfolio 2017

Image
Stock Name Mode Qty Avg Cost Price Total Cost Percentage ASCENDAS-ITRUST CSH 2500 1.13 ASCENDAS-ITRUST 2,812.50 20.5554540471 ASCENDAS REIT CSH 1000 2.25 ASCENDAS REIT 2,250.00 16.4443632377 HYFLUX CSH 4000 0.57 HYFLUX 2,260.00 16.5174492965 RAFFLES MEDICAL CSH 2000 1.31 RAFFLES MEDICAL 2,610.00 19.0754613557 SINGTEL CSH 1000 3.75 SINGTEL 3,750.00 27.4072720629 STI ETF (Philips) Philips DCA 1859 3.047 STI ETF (Philips) 5664.373 41.3986698337 Singtel Maybank Cust 300 3.68 Singtel 1109.19 8.1066325598 STI ETF Maybank DCA 118 3.25 STI ETF 390.16 2.8515256715 Silverlake Axis Maybank Cust 2000 0.59 Silverlake Axis 1201.21 8.7791704732 Portfolio Book Value