This morning (07 September 2023), EC World REIT (SGX:BWCU) held its EGM to seek unitholders’ approval on the Supplementary Agreement in respect of the Proposed Divestment (including the Long-Stop Date). I have attended the meeting in-person to seek the management’s update, and it was good to see the Chairman, Mr Zhang Guobiao, flying in from China to attend the meeting. He also provided an outlook, to which you can find a summary of, along with CEO Mr Goh Toh Sim’s presentation, responses provided by the management on questions raised by fellow EGM attendees, as well as results of the one resolution put to vote during the meeting…
EC World REIT – Responses to Clarifications Sought on its Q2 and 1H FY2023 Results
Following EC World REIT’s (SGX:BWCU) release of its Q2 and 1H FY2023 results on 11 August 2023, I have raised 4 questions for the REIT’s management – 2 on its portfolio occupancy profile, and 2 on its debt profile. In this post, you will find their responses, which I am sharing in this post with fellow unitholders of the REIT…
EC World REIT’s EGM on 07 September 2023 – What You Need to Know
EC World REIT (SGX:BWCU) will be holding an EGM on Thursday, 07 September 2023, to seek unitholders’ approval on the supplementary agreement in respect of the proposed divestment of the 2 properties to raise funds required to prepay 25.0% of its borrowings. In this post, you will find my summary of the most important pointers in the circular to unitholders to take note of…
EC World REIT’s Q2 & 1H FY2023 Results – My Review
Currently with 7 properties in its investment portfolio (do note that 2 of them are pending divestment with proceeds used for repayment of its borrowings), EC World REIT (SGX:BWCU) is a China-based REIT listed on the Singapore Exchange which invests in income-producing properties used for e-commerce, supply-chain management, and logistics purposes. Last Friday evening (11 August 2023), it has released its results for the 2nd quarter, and for the 1st half of FY2023, and in this post, you will find my review of its latest financial performance, portfolio occupancy and debt profile, as well as its distribution payout to unitholders…
A Comparison of the 3 Singapore Banks’ Results for Q2 and 1H FY2023
Now that all 3 Singapore-listed banks (in DBS, UOB, and OCBC) have released their results for the 2nd quarter, as well as for the 1st half of FY2023, let us put their results side-by-side to find out which one fared the best in terms of improvements in its financial results, key financial ratios, and dividend payouts to shareholders. Also, in this post, you will find which of the 3 banks are currently the ‘cheapest’, and which is the ‘most expensive’…
My Review of OCBC’s Q2 & 1H FY2023 Results
The second largest financial services group in Southeast Asia by total assets, Oversea-Chinese Banking Corporation (SGX:O39), or OCBC for short, have made available its results for the 2nd quarter, and for the 1st half of FY2023 ended 30 June this morning (04 August). In this post, you will find my review of the Singapore bank’s latest financial figures, key financial ratios, and also its dividend payouts to shareholders…
DBS Group Holdings Limited’s Q2 & 1H FY2023 Results – What You Need to Know
Apart being the largest bank in Singapore by assets, DBS Group Holdings Limited (SGX:D05), or DBS for short, is also among the leading banks in Asia, where it has a presence in 19 markets. This morning (03 August 2023), the Singapore-listed bank have released its results for the 2nd quarter, as well as for the 1st half of FY2023 ended 30 June. In this post, you will find key aspects to take note of on its latest financial results, key financial ratios, and its dividend payouts to shareholders…
A Look at CapitaLand Integrated Commercial Trust’s 1H FY2023 Results
CapitaLand Integrated Commercial Trust (SGX:C38U), or CICT for short, invests in income-producing real estate assets used for retail and/or office purposes. At the time of writing, its portfolio comprises 21 properties in Singapore, 2 properties in Frankfurt, Germany, and 3 properties in Sydney, Australia. This morning (01 August 2023), the REIT have made available its results for the 1st half of FY2023 ended 30 June, and in this post, you will find my review of its latest financial figures, portfolio occupancy and debt profile, and its distribution payout to unitholders…
Mapletree Pan Asia Commercial Trust’s Q1 FY2023/24 Results – What You Need to Know
Mapletree Pan Asia Commercial Trust (SGX:N2IU) invests in a portfolio of income-producing real estate used for office and/or retail purposes. At the time of writing, it has 5 properties in Singapore, 1 in Hong Kong, 2 in China, 9 in Japan, and 1 in South Korea. After market hours yesterday (31 July 2023), the REIT have released its results for Q1 FY2023/24 ended 30 June and in this post, you will find my review of its latest financial figures, portfolio occupancy and debt profile, as well as its distribution payout to unitholders…
My Review of CapitaLand Ascendas REIT’s 1H FY2023 Results
Formerly known as just Ascendas REIT, CapitaLand Ascendas REIT (SGX:A17U) is Singapore’s first and largest listed Business Space and Industrial REIT. Currently, its portfolio comprises of 230 properties located in Singapore, Australia, the United States, as well as in the United Kingdom/Europe. After market hours this evening (31 July 2023), the REIT have released its results for 1H FY2023 ended 30 June 2023. In this post, you will find my review of its latest financial results, portfolio occupancy and debt profile, and also its distribution payout to unitholders…