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 21 September 2011

DBS, NDB sign MOU

By TEO SI JIA


DBS Bank on Wednesday announced that it has signed a memorandum of understanding with Sri Lanka's NDB Group.

The partnership will see the two working together in the investment banking sector and collaborating in equity and fixed income issuances, syndications, project financing and mergers and acquisitions.

'With the expected high-growth scenario in Sri Lanka's economy, the size of transactions will increase exponentially during the next few years.'

'Irrespective of the form, the future fund-raising requirements may not be able to be handled within Sri Lanka, and our clients will have to resort to international markets, regional markets in particular, to fill the gaps,' said CEO of NDB Bank, Russell De Mel.

'This MOU will enable us to tap the distribution capabilities of DBS while meeting the capital requirements of our clients.'

The head of capital markets at DBS, Eric Ang, also said that the partnership will help DBS to 'offer seamless regional connectivity to customers', and to 'intermediate the increasing investment flows within Asia'.

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