Dear readers,
Aenith has been a long running project for a number of years. I am feeling sad to hereby announce Aenith ceases blogging until further notice. I sincerely hope that all of you have enjoyed it or benefitted from it while it lasts. Always remember though, love and light is the only answer for everything(光和爱才是王道).
Wish you all the best,
Author
the title says it all
sold freehold hotels to CDL Hospitality Trust for a leasehold of 75 years, after which the ownership will revert back to them
sold 151 Lorong Chuan to Sabana for a 45 years lease although their ownership of the land is 999 years leasehold
cheaper than an apartment.with terms and conditions..of course..
land grab in Johor Bahru CBD is underway
A flurry of activities recently by the Holding Company in Australia to consolidate its shareholdings cheered its shareprice.
A privatization is in the cards, because
1) The holding company and family trust controls almost 70% after bought out 17% from a key shareholder for $0.65 a piece. Plus around 9% by FMR LLC, the public shareholding is less than 13%. The company will also need to buyout the 40 % shareholder in Harvey Norman Ossia from Ossia International Ltd.
2)Pertama Holdings’s profits recovered in 2010 after the financial crisis. Profits even increased last quarter despite having opened a new outlet in 1 Mont Kiara which costed between RM5-10 million.
3)Harvey Norman Holdings has bought out some associates’ interest in Australia. It has also bought out 30% share in a company in Malaysia from a shareholder.
NLA efficiency is the ratio between NLA(net lettable area) and GFA(gross floor area). The more efficient it is, the more packed the mall/building is, unless the management/developer is smart enough to deflect some of it thru creative use of round/honeycomb/dome shape structure or water fountain or some other attractions.
Frasers Commercial Trust disposed its AWPF fund at below book value, the buyer is National Nominees Ltd, who is the real buyers hidden behind this nominee company?
After Peter Lim bought out Thomson Medical Centre, it turns out he has plan to bring Thomson Medical Centre into JB,
[S'pore billionaire plans Johor medical centre
Sun, Apr 17, 2011
AsiaOne
SINGAPORE - Singaporean billionaire Peter Lim is currently working on bringing Thomson Medical Centre across the causeway and into Johor.
The Straits Times reported that the, The Edge weekly said: Mr Lim who took over the Singapore-listed Thomson Medical private last year, has bought 14ha of land in the southern Malaysian state for the project.
The land, in the Stulang Laut area, about 2km from the Johor Causeway, was bought for a purported RM200 million (S$83 million), it reported.]
Guess what happens after the majority shareholder bought out the entire assets?
Its now in Singapore.lol
“Impossible is something that people try to reason to themselves in order for the status quo to remain the same" by la papillion
In this case, if we apply it to a company
“Impossible is something that company try to reason to itself in order for the profitability/growth to remain the same if not declining"
For example, OLAM, OLAM was a middleman all along, until one day the founder found that it is increasingly under competition in the sense that more and more growers/planters bypassed them and went directly to the buyers. It then launched an ambitious project to go upstream and the rest is history.
What does
The Tube in Malaysia
Oxley Biz Hub in Singapore
or a small industrial building floor in Red Hill has in common?
They all have in mind for a young and hip generation SOHO style office.
Read more about the AEI by Mapletree Industrial Trust here (page 15)
YTL Power stock prices has been on the decline since the launching of YES 4G. I am struggling to understand its move as the public has been. After reading a blog post in http://goodstockbadstock.blogspot.com/, I found the answer. Basically, YTL Power is hedging for the future. The first generation IPPs contract in Malaysia will expire gradually in the near future(5-15 years if I am not mistaken), the double digit yields enjoyed by them may be reduced to single digits upon renewal of the contracts or may not be renewed). YTL Power is trying to get a new revenue generator which has stable growth(ElectraNet, Wessex Water, Jawa Power, Power Seraya….look at the acquired assets as a group and you shall see some similar features)
the temporary dip in DPU is partly due to unwinding of capitalization of loan interest as Ascendas Park Square and Zenith has been completed thus they will have to recognize it in the income statement(Reason for lower DPU given in press is higher electricity tariff and fuel costs, but which other buildings in India can escape from higher electricity tariff and fuel costs?)
Lots of start-ups are fighting to become the next Wikipedia(for fee version that is). If the theory that I read in a book is true(whereby more people are willing to help for free rather than for a low fee), none of them will achieve a very significant mass comparable to Wikipedia. But, if they focus on a specialized subsection of cognitive surplus combined with a modified B2C business model ala Quirky(www.quirky.com), they may well laugh all the way to the banks.
Back in January, i was guessing how much would a bar of dark chocolate rise in prices. With the input of the prices of the recent transactions in cocoa futures + the cocoa weightage in a bar of dark chocolate, I made a wild guess that prices would rise around 5-10%. True enough, I went to the supermarket recently and found out that the new batch of dark chocolates cost 7.77% more than the last batch, doesn't matter whether they are of 30% or 70% purity.
