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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Friday 15 April 2011

CapitaLand buys 40% Surbana stake for S$360m

SINGAPORE - Southeast Asia's largest property developer CapitaLand Ltd said it has acquired a 40 per cent stake in Surbana Corporation, a private limited company wholly-owned by Singapore state investor Temasek Holdings, for a cash consideration of S$360 million (US$288.8 million).
Capitaland, about 40 per cent owned by Temasek, said it appointed JPMorgan as the financial advisor to the acquisition of Surbana, a real estate consultant firm and developer with four township developments in Chinese cities. -- REUTERS
Posted by Createwealth8888 at 19:01
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