As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

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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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Monday, 19 September 2011

Lian Beng proposes spin-off of subsidiaries for primary listing on Taiwan Stock Exchange


  • Wholly owned subsidiary Lian Beng Engineering & Machinery and 90% owned Sinmix Pte Ltd to be spun off to achieve independent valuation and provide clearer credit profiling for its future business growth
  • Group obtains pre-clearance from SGX-ST on spin-off
  • Group to convene EGM to seek approval from shareholders; believes proposed spin-off can bring long term value to shareholders

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