Category Archives for Shares
F&N Acquires Allco Commercial REIT and Allco (Singapore) Limited
The consolidation of REITs in Singapore have started with the sale of Allco Commercial REIT and the manager, Allco (Singapore) Limited to Fraser and Neave. Frasers Centrepoint Limited, a wholly-owned subsidiary of F&N, will buy over 17.7% of Allco Commercial REIT and 100.0% of Allco (Singapore) Limited from Allco Finance Group. Based on the offered […]
City Gas – An Alternative Energy Source?
The other day, a contractor from City Gas came down to my house to do a site inspection. I had requested for him to check whether it was feasible to install the City Gas water heater and clothes dryer in my home. The reason why I did so was that I was attracted to a […]
KKR to Acquire Unisteel Technology
Just a day after Unisteel posted an announcement requesting for a suspension in the trading of their shares and a cautionary note saying that the transaction may or may not materialise, they released this piece of news today: Proposed Acquisition of Unisteel Technology by Kohlberg Kravis Roberts & Co (KKR) From the press release, we […]
Unisteel Technology in Advanced Talks with Buyers
Just a few days after I wrote about the possibility of a takeover offer for Unisteel, the management of the company called for a suspension of the trading of their shares. By then, the price already spiked up to close at $1.76. Yesterday, the company announced that they were already in advanced talks with one […]
What Exactly Are Preference Shares?
Based on the questions received from my previous post on the OCBC preference shares, I think it will be good for me to elaborate more on what preference shares or preferred shares really are. Preference shares really behave more like a bond than normal shares. Let’s first look at what a normal share is. A […]