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

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Monday, 6 December 2010

Keppel Land to book larger profit from Marina Bay divestment

SINGAPORE, Dec 6 (Reuters) - Keppel Land expects to realise a larger profit of about S$394 million ($302.3 million) from the sale of property in Singapore's Marina Bay after the tax authority said it would treat the divestment as capital gain.


Keppel Land, a Singapore developer, last month said it expected to book a net gain of S$321 million from the divestment of its one-third stake in Marina Bay Financial Centre Towers 1 & 2 to K-REIT , a property trust it controls.

Singapore does not tax capital gains
Posted by Createwealth8888 at 10:52
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