tag:blogger.com,1999:blog-7944902213075756335.post4017696335250474921..comments2024-03-28T10:39:01.047+08:00Comments on A Singaporean Stocks Investor (ASSI): Croesus Retail Trust: AK makes a suggestion.AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-7944902213075756335.post-23662718753767103102014-05-15T11:56:10.861+08:002014-05-15T11:56:10.861+08:00Croesus Retail Trust, a Singapore-listed property ...Croesus Retail Trust, a Singapore-listed property trust focusing on Japanese malls, has announced a third-quarter distribution per unit was 8 per cent higher than forecast at 1.76 cents. Income available for distribution also exceeded expectations by 7.4 per cent, coming in at 619.8 million yen (S$7.6 million), said the trust's manager Croesus Retail Asset Management. <br /><br />http://AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-50593439469065309512014-05-06T23:04:56.292+08:002014-05-06T23:04:56.292+08:00Eddy Goh: Fr SGX, "Tong Jinquan is the sole s...Eddy Goh: Fr SGX, "Tong Jinquan is the sole shareholder of Shanghai Summit Pte Ltd which is the sole shareholder of Wealthy Fountain Holdings Inc and accordingly is deemed to be interested in the 21,506,000 units which Wealthy Fountain Holdings Inc holds" " He bot 300 lots on 2 May @ 90 cts average price & is now a substantial shareholder of CRT.AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-87202587089817905622014-04-29T20:49:38.420+08:002014-04-29T20:49:38.420+08:00Hi redponza,
I don't see this anywhere but I ...Hi redponza,<br /><br />I don't see this anywhere but I hope I have not missed it. -.-"AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-29291973172680293732014-04-29T20:43:51.991+08:002014-04-29T20:43:51.991+08:00So does Croesus have any lease mgt fees waiver? Th...So does Croesus have any lease mgt fees waiver? This will reduce upcoming distributions if it is only waived in the 1st two yearsredponzahttps://www.blogger.com/profile/12482736417233080153noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-23619705904977409952014-04-18T08:24:32.555+08:002014-04-18T08:24:32.555+08:00Hi Capricon,
Thanks for sharing. It makes sense t...Hi Capricon,<br /><br />Thanks for sharing. It makes sense to revalue the properties, of course. Commercial properties in Japan are seeing lots of interest from investors and prices have gone up by almost 10% in the last one year, iirc. <br /><br />So, a revaluation, could potentially help to send gearing below 50% which could give them enough debt headroom for another acquisition or two.<br /><AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.com