$EC WORLD REIT(BWCU.SI)$ divestment is expected in order to reduce debt by 25%. NAV will drop. Hope fully once the onshore loan extended. This issue will resolved finally and hope both onshore and offshore can reduce loan interest rate. Good thing in disguise is though dpu is down, nav is reduced but financial status will strengthened with lower gearing and higher interest coverage. Just wait how is the impact of dpu announce if 2 asset divestment. Luckily the two with rental 2%escallation annually not sold and hope management will have new plan for future organic growth..
$Tiger Brokers(TIGR)$ I think at least now we knew that Tiger main business market is in Singapore market over 80%, those worries of about China control of fintech company impact is not as high as expected . Expected market is down, more fund move away from stock, certainly transaction volumn reduce will affect revenue. But I think this is short term and when market booming then the time harvest may come.. Just apiece of my thought. Hope one day tiger consider second listing in SGX just like Nio.
I think in long run, this is good strategic move. I like the change of MCT trust seed to follow MNACT to be dpu accreditive and dpu growth performance rather than focus on size performance. This is more align with small retail investor like me.
Mapletree Commercial Trust Proposes Merger With Mapletree North Asia Commercial Trust