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

Wednesday, 14 March 2012

Swiber raising up to S$66.2 mln via placement

SINGAPORE - Singapore offshore services firm Swiber Holdings has launched a share placement to raise up to S$66.2 million (US$52.5 million), IFR reported on Wednesday.

The company is offering 80 million shares at S$0.635-S$0.655 each, with an option to increase this by up to 21.071 million shares, according to a term sheet obtained by IFR. This works out to discounts of 7.09 per cent to 9.93 per cent to the last close.

The size of the offering is equivalent to 15.8 per cent of the existing company capital, or 20.0 per cent, if the deal is fully enlarged, IFR, a unit of Thomson Reuters said. Religare Capital Markets is the sole bookrunner for the deal.

Swiber requested a trading halt in its before the market opened on Wednesday. -- REUTERS



No comments:

Post a Comment

Related Posts with Thumbnails