Category Archives for Bonds
Hyflux Updates – PUB, Salim and Hong Lim Park (30 Mar 2019)
It has been an eventful few weeks for Hyflux. Apparently, there has been financial (due to lack of money) and operation defaults going on at Tuaspring desalination plant for some time. PUB has indicated that they will be taking over Tuaspring (water component) for $0 if the defaults are not rectified. I think the takeover […]
FAQ on Filing of Claims for Hyflux creditors
Hyflux published a FAQ on the filing of proof of claims yesterday. Based on the FAQ published by Hyflux, we can ascertain the following: CPF/SRS/Nominee/Other depository agent If your holdings are held in nominee/CPF/SRS or other depository agent, they will have to file for everyone as they are the registered owner in the CDP records. You […]
Feedback to Hyflux Steering Committee
I’m helping one of the committee members collate feedback from investors of Hyflux preference shares or perpetual securities. If you are one of the Hyflux investors, please fill in the poll below by 7 Feb 2019 (2359hrs). Any feedback that you provide would be useful to reflect the expectation of the holders at their upcoming […]
Oxley Bonds 2016 Prospectus – 4 years @ 5.15% p.a.
A couple of days ago, Oxley Holdings announced that they were issuing $150 million worth of 4-year bonds with an interest rate of 5.15% p.a. This offer comes hot on the heels of similar bonds offered by other companies like Aspial and Perennial. The interesting thing is that all of them are in the property […]
Aspial Bond 2016
Six months after a retail bond offering, Aspial are back in the market again to tap for funds. The 4-year Aspial bonds come with an annual yield of 5.3%, payable semi-annually. The yield is slightly better than last year’s 5.25% 5-year bond. The Aspial bond offer opens on 23 March 2016 at 9.00 a.m. and […]