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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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.

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Value Investing
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Monday 31 May 2010

Kep Corp - CE for KGT

KGT’s listing will be distributed by way of a dividend in specie to entitled shareholders in proportion to their holdings in Keppel, with every entitled shareholder receiving 1 Unit for every 5 shares held. The distribution amounts to approximately S$379 million in the form of up to 326 million KGT Units. This translates into an implied value of approximately S$1.16 per KGT Unit, and a distribution value per share of approximately 23 cents.
Posted by Createwealth8888 at 11:35
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