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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Monday, 2 August 2021

Wilmar : Bought @ $4.28 for Round 14

Read? Wilmar : Bought @ $4.36 for Round 13 - 2

Posted by Createwealth8888 at 10:04
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1 comment:

  1. CreateWealth88883 August 2021 at 08:59:00 GMT+8

    GRIBUSINESS group Wilmar International on Monday said its 50 per cent owned Indian joint venture (JV) Adani Wilmar has filed a draft red herring prospectus for its initial public offering (IPO) on the Bombay Stock Exchange and the National Stock Exchange of India.

    Adani Wilmar, which is in the business of offering essential kitchen commodities to Indian consumers, intends to raise up to 45 billion rupees (S$818 million) in a fresh issue. There will not be any secondary offering, it said.

    With this listing, the company hopes to "further the growth" of its operations by increasing its market visibility and awareness among current and potential customers, it noted in a statement.

    The company added it intends to use the net proceeds from the IPO to expand its existing manufacturing facilities as well as build new manufacturing facilities. Other purposes include the repayment or prepayment of borrowings, or to fund strategic acquisitions and investments.

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