Dividend Collected March 2019

Dividend Collected for 2019

Dividend collected for the month of March 2019: $816.69

• MAPLETREE LOG TR
• KEPPEL DC REIT
• CAPITAR CHINA TR
• FAR EAST HTRUST 

Dividend Collected to Date

Dividend (YTD): $2,757.79
Average Monthly Dividend (YTD): $919.26
Total Dividend Collected to Date: $77,613.68

Hyflux has terminated the SOA and ended the agreement with SM Investments. The only lifeline for Hyflux has ceased. This is the final nail in coffin and I will be expecting PUB to take over TuasSpring desalination plant at the end of month at $0. Although PUB could be seen as helping Hyflux by removing the money losing asset, it would not be enough. What Hyflux need now is capital for daily operations. Without any rescue plan to inject capital, Hyflux faces imminent liquidation. For the perpetual and preference shareholders, do not expect any payout from the liquidation as the secured lender, Maybank, will be getting whatever is leftover. For us, perhaps the only thing we can hope for is closure.

The STI continues to rally into April and I missed the chance to enter the market, specifically the banks. I guess I will have to wait until exDate. There are two major news which I paid attention to recently, namely, the URA draft master plan 2019 and the new developments for the 2 IRs. Looks like there are great plans ahead for Singapore, and if these plans are realized, it will be great for the economy which could lead to a bullish stock market.

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