The upcoming Dynasty REIT IPO is something which caught my interest. The sponsor, ARA Asset Management is also the sponsor for many listed SREITs such as Cache, Suntec etc. and ARA is an affiliate of the Li Ka Shing Chueng Kong Group. The REIT assets are a combination of retail and office assets located in ...
As a follow up to the previous post Genneva Gold Trading Firm Gets Raided in both Singapore and Malaysia, Bank Negara has released an official statement regarding the raid. It has found the schemes to be “not sustainable to provide the promised high monthly returns, nor would they be able to provide the buy back guarantee of ...
Following several requests for the course outline, here is a brief breakdown of the topics to be covered in the basic course. Bear in mind that this is a basic course and may not be able to cover more detailed and advanced topics of each asset class. Hope you will find the outline useful! ...
Hello all readers! This is the moment that many of you have been waiting for! Calvary Wealth Consultants Pte Ltd is proud to present to you the Investing For Passive Income Course in Singapore happening on 27th October Saturday. This is a basic one day course which is suitable for people who have ...
Good morning to all readers! I am very excited as the plans for the course are finally in motion. The venue, date and time are more or less fixed and should be confirmed soon. I know many people have asked me about the courses but my schedule has been really tight. Anybody who’s interested to ...
As a follow up to the law suit against Genneva Gold Trading Firm, the firm finally gets raided by the authorities. In a rare show of joint action, both Bank Negara, Malaysian police and Singapore Commercial Affairs Department raided Genneva offices in both Singapore and Malaysia. I wonder if they actually coordinated this together, but ...
Malaysian budget 2013 just came out today, so it is good to take a look at some of the key takeaways. As expected, it is ‘people friendly’ budget due to the upcoming elections so there are little mentions about subsidy reductions or GST. One of the points of concern is that federal debt is now ...
According to Business Times, Genneva Gold Trading Firm is getting sued by its customers. So far one customer has won a judgment against the firm in the Subordinate Court and is awaiting assessment of damages. A second claim has been filed and a group of 60 which represent $10 million in purchases are consulting lawyers ...
News just came out that Naza has just awarded the Matrade Exhibition Center superstructure contract worth RM 555.9 million to Daewoo Engineering & Co. For those of you who do not know, Matrade is the Malaysian External Trade Development Corporation and the exhibition center is the core of a bigger project known as KL Metropolis. ...
Urban Redevelopment Authority of Singapore (URA) has recently announced the first residential site with a variable lease option of 30, 45 or 60 years for sale. The 1.02 ha site in Jalan Jurong Kecil can also be developed for retirement housing. This is a pilot scheme as this is the first time URA is offering variable lease ...