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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Wednesday 10 July 2013

Rotary wins petrochem jobs worth $60m in Q2

ROTARY Engineering has clinched $60 million worth of jobs from petrochemical players in Singapore in the second quarter, bringing its total in the first half of this year to over $400 million.

The listed specialist contractor, which provides engineering, procurement, construction (EPC) and maintenance services, said the largest contract clinched in the April-June period was worth nearly $30 million. This was from an international specialty chemicals company to provide electrical and instrumentation works for an entire plant in Jurong Island.

The other large contract worth $17 million came from a repeat oil major, and involves the provision of piping and structural works in a new processing unit in Jurong Island producing high purity chemicals.

While Rotary Engineering did not name its clients, the second contract obviously came from Shell which in April this year flashed the greenlight for two new worldscale projects here - said to run into billions of dollars - including one for making high-purity ethylene oxide.

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