$Straits Trading(S20)$ Straits Trading owns 3.9% stake in ESR. ESR is going for privatisation. From my calculations this will nett Straits Trading about S$341M. This is almost equal to half their market capitalisation of 6xxM. From past history, there is a strong likelihood that Straits Trading will give out a special dividend from this corporate action. That means a possible special dividend of S$0.75 for shareholders. Also Straits Trading has an exciting development in Penang Butterworth to develop a new waterfront CBD district. Several catalysts in play now to unlock and enhance shareholder value.
$Straits Times Index(STI.SI)$ This is the big Tsunami that I've been waiting for 4 years. Chinese govt has unleashed titanic monetary and fiscal measures to boost the Chinese economy and stock market. For Singapore listed China stocks I recommend Yanlord and Sinarmas Land. Yanlord develops mid to high end residential property in mostly 1st and 2nd tier cities in China. Their most valuable landbank is in the exciting Pearl River Delta zone. This zone will likely become China's equivalent of Silicon Valley in America. So as some of China's best companies in this region prosper, their employees and related spinoff companies will do very well and property prices there will likely rise over the coming years. Yanlord has been prudent over
Firstly only Singaporeans can buy GCBs. Next we Singaporeans shouldn't sit around, mope and complain. Step up to the opportunities and work hard to do well so we can deserve to own and buy a GCB.
SG Morning Call | Singapore Stocks Opened Lower; Chinese Tycoon Heir Buys $62M Mansion