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

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

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Value Investing
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Tuesday, 10 January 2012

CapitaLand in US$3.33b Chongqing project

By JASMINE NG


CapitaLand said on Tuesday it will embark on a mixed development project in Chongqing worth 21.1 billion yuan (US$3.33 billion).

The pact was sealed between CapitaLand, CapitaMalls Asia, Singbridge Holdings and the Chongqing government.

The development will comprise a shopping mall and eight towers for residential, office, serviced residence and hotel use. It has a total gross floor area of about 817,000 square metres.

CapitaLand and CapitaMalls Asia each owns a 25.0 per cent effective stake in the development, while SBH owns a 30.0 per cent effective stake. The remaining 20 per cent is held by unrelated parties.

CapitaLand said the project will be funded through a mix of debt and equity.





Posted by Createwealth8888 at 21:24
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