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!

Click to email CW8888 or Email ID : jacobng1@gmail.com



Welcome to Ministry of Wealth!

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

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down



Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Monday 30 May 2011

CapitaLand buys 65% of Vietnam property developer

By ANGELA TAN


CapitaLand Limited said on Monday that it has bought a a 65-per cent stake in Quoc Cuong Sai Gon Company Limited VND121.225 billion (S$7.3 million).

Following the acquisition, QCSG has become a 65-per cent owned subsidiary of CapitaLand. The remaining 35 per cent of QCSG is owned by two parties unrelated to CapitaLand.

CapitaLand's stake will be held by its wholly-owned subsidiary, CVH Sparkle Pte Ltd.

QCSG, a company incorporated in Vietnam, owns a parcel of land in Binh Chanh District, Ho Chi Minh City, Vietnam. QCSG plans to develop the land into about 800 value homes.

The proposed development will be led by CapitaValue Homes Limited (CVH), CapitaLand's new strategic business unit set up to capitalise on the untapped demand for good value homes in Asia.

The proposed development will be the fourth value homes project by CVH.
Posted by Createwealth8888 at 21:03
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)
Related Posts with Thumbnails