I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!


Click to email CW8888 or Email ID : jacobng1@gmail.com



Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down



Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
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Technical Analysis and Charting
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Monday 15 November 2010

Hyflux wins US$100m contract to build plant in Libya

By BERNICE BONG


SINGAPORE - Singapore's biggest provider of water-treatment services, Hyflux, said on Monday, it has won a US$100 million contract to carry out engineering, procurement and construction works for a seawater desalination plant in Libya.

The project at Tobruk in northeastern Libya is the first in the African country for Hyflux.

The desalination plant, which will use reverse osmosis technology, will produce 40,000 m3 of desalinated water per day when fully operational.

Hyflux stocks dropped 1.2 per cent to $3.25 on a volume of 117 million shares after announcement of the contract.

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