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, 6 April 2011

Hyflux signs desalinated water deal with PUB

SINGAPORE : Water management company Hyflux has signed a major agreement with Singapore's national water agency PUB to deliver desalinated water for 25 years.


Under the Water Purchase Agreement, Hyflux's wholly-owned subsidiary Tuaspring will deliver the water to PUB from 2013 to 2038.

Located in Tuas, the desalination plant - the second and largest in Singapore - will commence operations in 2013.

The plant will add another 318,500 cubic metres of desalinated water per day to Singapore's water supply.

The price for the desalinated water is 45 cents per cubic metre for the first year.

"By 2060, we plan to increase our desalination and NEWater capacities to be able to meet up to 30 per cent and 50 per cent of our water demand respectively," said PUB chief executive Khoo Teng Chye.


- CNA/al

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