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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"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

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Sunday, 20 June 2010

K- Green (KGT) - dividend in specie to Kep Corp's shareholder

Kep Corp - Big Pay Day. Thank you!

Resulting from XE, I have decided the following book exercise to the portfolio:
  • Credited a special dividend of $0.23 per share to Kep Corp holding
  • Capitalized K-Green (KGT) holding at $1.15 per share
The net effect of this book exercise to the portfolio will see Kep Corp credited with additional 8.1% dividend yield for FY 09 and KGT will carry an investment cost at $1.15 per share.
Posted by Createwealth8888 at 10:33
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