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

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Wednesday, 15 December 2010

Sembcorp affiliate to buy Australia waste firm for A$235 mln

SINGAPORE, Dec 15 (Reuters) - Sembcorp Industries , a Singapore conglomerate which has businesses in utilities and industrial parks, said on Wednesday its Australian associate has won a bid to acquire a waste management firm for A$235 million ($234.8 million).


SITA Environmental Solutions, which is 40 percent-owned by Sembcorp Industries, will acquire 100 percent of WSN Environmental Solutions, a firm owned by the New South Wales government in Australia.
The acquisition will be funded through a mix of debt and shareholder funds, and is expected to be completed at end-January next year, Sembcorp Industries said in a statement
Posted by Createwealth8888 at 09:08
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