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Tag Archives for " Cityspring "
Business Trust Boon or Bane
There was an article in the Sunday Times about investing in Singapore listed business trusts. A business trust is a structure that is setup to provide a steady stream of dividend payout from the operating business or assets. The yield can sometimes be as high as 10+% (Business Times had previously published an article highlighting […]
CitySpring Rights Issue But No Thanks
Cityspring has announced that they will be doing a rights issue (again). This time round, they are raising approximately S$210.2 million by issuing 538,962,054 new ordinary units in CitySpring at S$0.39 per Rights Unit on the basis of 11 Rights Units for every 20 ordinary units in CitySpring. This rights issue is subject to unit […]
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 […]