Perennial Real Estate Holdings (SGX: 40S) becomes the next target for privatization. However, not all the acquisition news is good for retail investors. In this article, Dr Tee will share the considerations by Big Boys or major shareholders to acquire or privatize a stock with Perennial as an example, with sharing of Reverse Takeover (RTO) stocks. You will learn the 47 undervalue Singapore property stocks which are profitable with over 50% price discount in asset value. Interestingly, Perennial started its property business in year 2014 through Reverse Takeover (RTO) of St. James Holdings (entertainment business) which IPO in 2008. RTO is a quick way of “IPO” by acquiring an existing company which could be different business nature. A more famous example would be RTO of Berkshi

The STI continued to shrug off Wall Street’s all-time highs, gaining just 11 points or 0.4% at 2,539.63; US market was largely supported by hopes of a COVID-19 vaccine soon; US Federal Reserve said it aims to keep monetary policy loose; Rising US-China tensions played a part in capping prices here; Malaysian property company Aspen proposed diversifying into glove making, shares rose to all-time high Virus news helped provide some support, but local market not too impressed The decoupling of the Singapore stock market from Wall Street extended into a second consecutive week last week when US stocks rose to new highs but the Straits Times Index instead underwent a largely nondescript five days, occasionally dragged lower by weak economic news and rising US-China tensions but sometimes r