Karen333
2023-12-18
$Keppel DC Reit(AJBU.SI)$ 

this is outrageous. The company enters into a sale and lease back deal and gets totally screwed over By the seller and now they are refusing to pay the rent and saying to KDCR - wtf r u going to do about it? This is China. 

Wtf were the management thinking? What DD did they perform and did they hire an advisor. the management and board should be held accountable. It is not their money it is shareholders money - which they are blowing up!

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Comments

  • victorpng
    2023-12-18
    victorpng
    I’m not sure if “This is China” says it all, really depends on the legal system of that country. If the country supports such hooliganism, then what you said totally makes sense.
  • Soyabean89
    2023-12-20
    Soyabean89
    china ma... kdc not the special snowflake...look at EC world...lmao

    anything got to do with ah Tiong please take with huge pitch of salt + msg + Potassium salt

  • YiFan89
    2023-12-22
    YiFan89
    Dont angry. The price is quite cheap now. If u set aside the assets in China, this counter still below the valuation.
  • Chrono
    2023-12-19
    Chrono
    That's why I am quite hesitant to buy share with China business especially REIT.
  • NiceOne
    2023-12-19
    NiceOne
    Everyone sees China and goes berserk. Now it is time to pay.
  • BotakGuy
    2023-12-18
    BotakGuy
    The manager should be held responsible
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