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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Monday, 18 March 2013

SembMarine gets US$417m order for two rigs

SINGAPORE - Singapore's Sembcorp Marine , the world's second largest builder of offshore oil rigs, said on Monday its subsidiary PPL Shipyard has secured orders for two jack-up rigs worth US$417 million.

The orders are from Mexico's Integradora de Servicios Petroleros Oro Negro, S.A.P.I. de C.V (Oro Negro), which has ordered two similar rigs previously.

The new rigs are scheduled for delivery at the end of the fourth quarter of 2014 and end of the first quarter 2015, Sembcorp Marine said in a stock market filing. - REUTERS
Posted by Createwealth8888 at 08:50
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