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!


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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.

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Thursday 4 November 2010

Hyflux's Q3 net profit up 5%, plans 1-for-2 bonus issue

By ANGELA TAN


Hyflux Limited reported on Thursday that its net profit for the third quarter ended September 30, 2010 inched up 5 per cent from a year ago to S$19 million.

Revenue grew 9 per cent from a year ago to S$137.45 million.

China accounted for 29 per cent of total revenue, while Middle East and North Africa contributed about 62 per cent.

Its cash position increased to S$307.6 million on September 30, 2010 from S$166.7 million on December 31, 2009.

Hyflux is proposing to issue one-for-two bonus share to reward shareholders for their continued support.

Under the proposed bonus issue, each existing shareholder will receive one bonus share for every two existing ordinary shares he owns. A total of 285.38 million bonus shares are expected to be issued.

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