Strategically added at $0 cost during the day when STI broke below 2400 with SRS account.Mapletreelog Trust is not the first time that I've invested in.  In fact in 2015 it was one of the stock in the Strategic section of the Investment Portfolio which was divested in 2019.This time round Mapletreelog Trust just replaced FrasersCom Trust in the SRS portfolio.  Not going to include Mapletreelog Trust in the Investment Portfolio again for strategic reason.  To be exact is part of the new strategy that I'm going to try out.So why not FrasersCom Trust again ?  FrasersCom Trust going to merge with Frasers Logistic and Industrial Trust thereby creating a new trust having similar assets as Mapletreelog Trust.  Comparing the sponsor behind the 2 -- Mapletree Investment and

Last December, Frasers Logistics and Industrial Trust (FLT) and Frasers Commercial Trust (FCOT) proposed a merger between the two into one enlarged REIT. FLT will acquire all units of FCOT for about S$1.54 billion via a combination of cash and new units. FCOT unitholders will receive S$0.151 in cash and 1.233 new units in FLT at an issue price of S$1.24 per unit. This means that for every 1,000 FCOT shares, FCOT unitholders receive $151 in cash and 1,233 of FLT units. Post-merger, FLT also plans to acquire a 50% interest in Farnborough Business Park in the UK. Farnborough Business Park is a business park which offers a diversified tenant mix focused mainly in engineering, pharmaceuticals and banking. The property has a 99% occupancy rate with more than 80% of its tenant leases expiring

Real Estate Investment Trusts (REITs) are popular investments in Singapore, as they own a portfolio of properties and pay out relatively good distributions from the rental income they receive on the properties. In our REITs Report Card column, we feature the performance of REITs every quarter. How Singapore-listed REITs Performed In The Year-To-Date 2020 The first three months of 2020 has seen its fair share of volatility, with the ongoing US-China trade war sanctions, a generally slowing global economy, and also hit with Covid-19, a novel Coronavirus which originated in Wuhan, China. This has given rise to greater price fluctuations in the stock market in 2020. To gauge how Singapore-listed REITs have performed in the year-to-date (ytd) 2020, we take reference from the iEdge S-REIT Index

Technical Analysis of FTSE ST REIT Index (FSTAS8670) FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) broke out from the consolidation and hit historical high at 973.21.  The REIT index has changed from 941.99 to 941.89  (-0.01%). The REIT index has a flash sold off due to COVID-19 fear but immediately rebounded strongly from the support at 884.292. Currently the REIT index goes above the 50D and 200D SMA.  Based on the current trend and chart pattern, the REIT index is still trading on an bullish uptrend.  Immediate support at 940 (Previous Resistance turned support) followed by 920 (200 SMA). Probable direction for REIT index: Up. Previous chart on FTSE ST REIT index can be found in the last post Singapore REIT Fundamental Comparison Table on 02-02, 2020. Fundamental Analy

First published in Business Times on 7 March 2020 There should be a balance between the interests of both sides, especially when it is a merger of equals which have done well The consolidation in the S-Reits market that began two years ago looks set to continue in 2020, with two proposed mergers already announced. The proposed merger of Frasers Logistics & Industrial Trust (FLT) and Frasers Commercial Trust (FCOT) will be the first to be voted on this year. Interest in the proposed merger of FLT and FCOT has picked up ahead of the two Reits’ upcoming EGMs and scheme meeting on March 11, 2020, and a few unitholders have raised a number of questions about the deal. Some FCOT unitholders have raised questions about the scheme consideration they are being offered and the timing of th

SIAS welcomes the decision by SGX RegCo and ACRA to allow companies to postpone AGMs up to 30 June 2020 due to concerns about large-group meetings amid Covid-19. This is in response to concerns by shareholders who want to participate and vote at AGMs but are concerned about attending large-group meetings. Such concerns have been raised to SIAS by shareholders. SIAS has already anticipated these concerns by retail investors and have been advising companies wishing to hold physical meetings to use digital and other media platforms to engage their shareholders until Covid-19 situation is no longer a threat. For instance, the SIAS dialogue session with Frasers Logistics & Industrial Trust (FLT) and Frasers Commercial Trust (FCOT) on their proposed merger will be through a webcast. This is

Frasers Property is a multinational real estate and property management company that owns, develops, and manages a property portfolio worth S$37.6 billion as at 30 September 2019. Its portfolio comprises commercial, hospitality, retail, residential, and industrial assets located in 25 countries including Singapore, China, UK, and Australia. Frasers Property is also the sponsor of four Singapore-listed REITs: Frasers Centrepoint Trust, Frasers Commercial Trust, Frasers Hospitality Trust, and Frasers Logistics & Industrial Trust. As REIT investors ourselves, I was interested to learn more about the parent company behind the Frasers family of REITs — a few of which are on our watchlist. Here are eight things I learned from the 2020 Frasers Property AGM: 1. Revenue fell 1

Two of the oldest REITs listed on SGX have announced a merger on 22 January 2020. CapitaLand Commercial Trust(SGX: C61U), or CCT, and CapitaLand Mall Trust (SGX: C38U), or CMT, announced that they would merge by way of a trust scheme arrangement. Both REITs are managed by real estate giant CapitaLand Limited (SGX: C31). This news is hardly surprising considering that it comes hot off the heels of another recently-announced REIT merger — that of Frasers Logistics & Industrial Trust (SGX: BUOU), or FLT, and Frasers Commercial Trust (SGX: ND8U), or FCOT. This December 2019 announcement continues the trend of REIT mergers within Singapore as the prevailing belief continues to be “bigger is better”.   Transaction Summary CMT will acquire all the issued and paid-up uni

On 22 January 2020, CapitaLand Mall Trust (CMT) and CapitaLand Commercial Trust (CCT) announced a proposed merger by way of a trust scheme arrangement. The news should not come as a big surprise to many as there had already been three REIT mergers in Singapore in 2019 alone, and CMT-CCT’s announced merger looks set to become the fourth. Both CMT and CCT can be considered behemoths in their own right. The former owns 15 quality shopping malls in Singapore located in strategic suburban and downtown areas, with a total property value of S$11.8 billion and a market capitalisation of S$9.55 billion. The latter is Singapore’s first listed commercial REIT with a total of 10 properties (eight in Singapore and two in Germany), with a total property value of S$11.1 billion and market

What are REITs (Real Estate Investment Trusts) A REIT, or real estate investment trust, is a group of properties that are bundled and packaged together under a structure that allows it to be listed on a stock exchange as a tradeable security. The REIT earns a steady rental income from leases signed with their its tenants. REITs are mandated by guidelines as to how they should operate in order to enjoy full tax transparency (i.e. they do not have to pay corporate taxes). One of these requirements is that a REIT needs to pay out at least 90% of its net profit as distributions to unitholders. Another is for regular quarterly reporting that is in compliance with the rules and regulations as stipulated by the Singapore Exchange. A third requirement is that REITs’ gearing level (i.e. total

Happy New Year 2020! The start of a new decade!   Technical Analysis of FTSE ST REIT Index (FSTAS8670) FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) is currently trading within Symmetrical Triangle.  The REIT index has changed from 905.48 (last post) to 926.24 (+.2.29%).Based on the current chart pattern,  the REIT index is trading within a consolidation range waiting for breakout. Probable direction for REIT index: Side way to Up. Also take note of the Multiple Tops formation which is a trend reversal pattern. Previous chart on FTSE ST REIT index can be found in the last post Singapore REIT Fundamental Comparison Table on Dec 16, 2019.   Fundamental Analysis of 40 Singapore REITs The following is the compilation of 40 REITs in Singapore with colour coding of

The weekly 4 Stocks This Week column on DollarsAndSense was started in 2017 with a simple objective was simple: to provide a convenient read each week for busy investors to stay updated with what is happening on the Singapore Exchange. 4 Stock This Week is not a recommendation from us to buy or sell any of the stocks that wke feature. Its purpose is to highlight interesting stocks that investors should be aware of, rather than to analyse these stocks. For this week’s edition, instead of the usual coverage of four stocks, we’ll do a year in review of the other 51 instalments of 4 Stocks This Week that our team has written in 2019. Over the past year (51 weeks), we’ve covered 123 SGX-listed stocks, 4 ETFs and 8 Daily Leverage Certificates. The most covered stock was Sas

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Frasers Logistics and Industrial Trust (FLT) announced that they will be merging with Frasers Commercial Trust (FCOT). The benefit of this deal looks rather straightforward to me, but I thought sometimes it is good to exercise some investing brain juice. If you failed to use it, you will lose it faster. This article will be rather short (hopefully). How the Acquisition Will be Done The merger will be done by FLT acquiring FCOT through a combination of issuing new FLT shares for FCOT and paying cash to FCOT shareholders. For each FCOT shares, FLT will swap 1.233 FLT shares at an issue price of S$1.24. FLT will also pay FCOT shareholders a sum of S$0.15 per share in cash. The entity will be managed by FLT’s management team. The joint entity will then a

Dear readers, with the plans of Frasers Logistics Trust and Frasers Commercial Trust to be merged, I could feel a sense of excitement in the Singapore stocks markets over which… The post WILL THIS STOCK BE PRIVATISED NEXT? appeared first on SG STOCKS INVESTING.

Dear readers, last week, we read of plans of a possible merger between Frasers Logistics and Frasers Commercial Trust. As shared in SG Stocks Investing, any merger among the Reits… The post WHICH SINGAPORE REITS, TRUSTS MAY BE MERGED NEXT? appeared first on SG STOCKS INVESTING.

Earlier this week on 28 November, both Frasers Logistics Trust and Frasers Commercial Trust requested for a trading halt. According to Bloomberg, Frasers Logistics & Industrial Trust and Frasers Commercial Trust are planning to merge. Should they become a combined company, they will manage close to 100 properties in Australia, Singapore and Europe. This 2019, Singapore has seen its fair share of REITs consolidation. Earlier this year, CapitaLand struck a $6 billion deal with Temasek Holdings for Ascendas and Singbridge. OUE Commercial REIT also agreed to buy OUE Hospitality Trust, and Ascott Residence Trust and Ascendas Hospitality Trust combined to create the largest hospitality trust in the Asia-Pacific region. For this week’s edition of 4 Stocks This Week, we look at 4 different c

REITs are a popular and important part of the Singapore Exchange (SGX). There are close to 50 listed REITs, property-related business trust and REIT ETFs in Singapore. There are also numerous other unit trusts invested into Singapore and foreign listed REITs in Singapore. To get a better understanding of how well or badly Singapore REITs have performed, we dedicate significant time and resources to publish a report card each quarter. If you wish to catch up on previous quarters, you can refer to our regular REITs Report Card column. Read Also: Complete Guide To Investing In Singapore REITs How Has Singapore REITs Performed In The Year-To-Date 2019 To gauge how the Singapore REIT market has performed in the year-to-date (YTD) 2019, we can look at the iEdge S-REIT Index and the iEdge S-REIT

Technical Analysis of FTSE ST REIT Index (FSTAS8670) FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) broke down from a Symmetrial Triangle consolidation pattern but rebounded from 200D SMA support. The REIT index has changed from 929.69 (last post) to 906.82 (-2.52%). Previous chart on FTSE ST REIT index can be found in the last post Singapore REIT Fundamental Comparison Table on Oct 8, 2019. Based on the current chart pattern,  the sentiment is BULLISH in the long term but REIT index is currently going through a correction.  REIT Index has to go above the 20D & 50D SMA in order to continue the uptrend. The recent sell off could be a welcomed correction before REIT index can charge higher.   Fundamental Analysis of 40 Singapore REITs The following is the compila