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, 4 May 2011

Qatar firm signs letter of intent to buy two Keppel rigs

SINGAPORE - Qatari firm Gulf Drilling International has signed a letter of intent (LOI) to buy two jackup rigs from Singapore's Keppel Corp in a deal that could be worth US$400 million.

The news was published on Gulf Drilling's website. A Keppel spokeswoman said the firm did not announce deals when they are still at the LOI stage.

DMG & Partners, a Singapore brokerage, estimated the deal to be worth around US$400 million. -- REUTERS
Posted by Createwealth8888 at 19:05
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