As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

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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

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Tuesday, 31 January 2012

CIT’s distributable income up 12.7% for FY2011

Total assets exceed S$1.1 billion

• NTA per unit rose to 62.0 cents from 60.7 cents in previous year

• Strong balance sheet and gearing ratio of 33.1% keep CIT poised for expansion opportunities

• CIT continues to enhance asset portfolio and kick-starts two built-to-suit development projects

• Starts off FY2012 with acquisition of 3C Toh Guan Road East, divestment of 7 Ubi Close and new 7-year pre-lease commitment from an anchor tenant at 88 International Road

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