Olam Group - Gd news as it has manged to the regulatory approvals for its proposed US$1.8 billion sale of 44.58 per cent of its agribusiness unit Olam Agri to a Saudi fund.

 Olam Group  - Gd news as it has manged to the regulatory approvals for its proposed US$1.8 billion sale of 44.58 per cent of its agribusiness unit Olam Agri to a Saudi fund. Going forward, they can focus in expanding Olam OFI and hopefully have the IPO listing news soon! Their plan is to pared down assets and repay all debts to gain debts free position.  Hopefully,  can see price rising above 1.00 and perhaps going up further towards 1.20-1.30 level. Pls dyodd. 

Quote: Olam Group has secured all required regulatory approvals from a total of 21 jurisdictions for its proposed US$1.8 billion sale of 44.58 per cent of its agribusiness unit Olam Agri to a Saudi fund.

“The regulatory approvals in respect of the remaining one jurisdiction has been obtained,” Olam said on Thursday (Apr 16).

The proposed sale is expected to be completed “in due course” and is the first of two tranches in Olam’s planned US$2.6 billion disposal of its remaining 64.57 per cent stake in Olam Agri to Saudi Agricultural and Livestock Investment Company (Salic).

CapitaLand Ascendas REIT - PO results is out! Fully accepted PO application was 74.45 percent. Excess of 32.9m share about 25.55 percent will be alloted to those applied for the Excess, awesome

 CapitaLand Ascendas REIT  - PO results is out! Fully accepted PO application was 74.45 percent.  Excess of 32.9m share about 25.55 percent will be alloted to those applied for the Excess, awesome !

I think Excess can roughly get about 32.9m divided by 219m = about 15% . Not bad! 

 Applied today ! Huat ah!

CapLand Ascendas Reit  - PO can apply online via CDP. Click on EC-A,follow by clicking on Rights SGD will bring you to the application page. Deadline to apply the PO is on 15 April 26. Do take note. 

XD/XR today - 31 March likely to see price being corrected for the dividend of 3.75 cents. PO date application from 7 to 15 April, do take note!

Today, the price being pushed up to 2.54, looks like fund is trying to make the prices staying above 2.50. XD tomorrow,  do take note!

 CapitaLand Ascendas  - PO ratio of 28 share for every 1000 share at 2.35 per share. Do take note!

The estimated dates:

PP price was offered at 2.406. 

 LAUNCH OF EQUITY FUND RAISING TO RAISE GROSS PROCEEDS OF 

NO LESS THAN APPROXIMATELY S$900 MILLION.

Between S$2.406 and S$2.450 for each Private Placement Unit

Between S$2.35 and S$2.40 for each Preferential Offering Unit.

To fund the acquisition of 10 properties. 

Advance DPU of 3.75 cents. XD 31 March 2026. 

ANNOUNCEMENT

THE ACQUISITIONS OF 

(A) A 100.0% INTEREST IN AND LEASEBACK OF A LOGISTICS ASSET LOCATED IN 

SINGAPORE, (B) A 50.0% INTEREST IN A BUSINESS SPACE ASSET LOCATED IN 

SINGAPORE AND (C) A 49.0% INTEREST IN A DATA CENTRE ASSET LOCATED IN JAPAN

DPU Accretion

The aggregate pro forma distribution per Unit (“DPU”) accretion of the Prior Acquisitions and 

the Acquisitions is approximately 4.1%, assuming the Prior Acquisitions and the Acquisitions 

were completed on 1 January 2025.

The Potential Acquisitions are expected to be DPU accretive on a pro forma basis.

For illustrative purposes only, the estimated aggregate pro forma DPU accretion of the Prior 

Acquisitions, the Acquisitions and the Potential Acquisitions is between 4.2% and 4.3%, 

assuming the Prior Acquisitions, the Acquisitions and the Potential Acquisitions were 

completed on 1 January 2025.

Gearing will increase slightly from 39% to 39.7% still OK below 40%. Quite a distance from 50%. 

Ifast - She is gaining momentum and likely rise up to test 10.00

 Ifast  - She is gaining momentum and likely rise up to test 10.00.

AGM is on 24th April 2026 at MBS Sands Expo and Convention Centre.  Do take note!

Beyond 10.00, she may likely test 10.25 and above. XD 8th May 2026. Pls dyodd. 

In FY2025, the Group achieved a number of major milestones as the Group total revenue crossed 

S$500 million (34.4% YoY increase to S$514.72 million) and Group net profit hit S$100.01 million (50.1% 

YoY increase). In 4Q2025, total revenue for the Group grew 45.7% YoY to S$151.74 million and net 

profit for the Group grew 70.4% YoY to S$32.86 million.

Dividend of 2.5 cents is 56% higher than last year 1.6 cents. 

• For the Group’s core wealth management platform business, Group AUA increased 27.9% YoY to 

new record high of S$31.98 billion. Growth was seen in all the various markets that the Group is in, 

with Singapore continuing to be the main contributor. Group net inflows was a record S$4.72 billion in FY2025.

Suntec Reit AGM - Today , 16 April 2.30PM at SUNTEC SINGAPORE CONVENTION & EXHIBITION CENTRE

  On the way to attend Suntec AGM, stay tune.

Suntec Reit AGM held AT LEVEL 3 SUMMIT 1, SUNTEC SINGAPORE CONVENTION & EXHIBITION CENTRE, 1 RAFFLES BOULEVARD, SUNTEC CITY, 16 April 2026. 

As usual,  $20 voucher for the shareholders who sacrifice their time to attend.  Coffee and Tea provided.  

Not so crowded today!any empty seats! 

CEO Mr.Chong is giving the presentation.  

Suntec City Mall is almost 100% occupancy. 

Positive rental reversion of 10% for 2025. 2026 expects about Positive 5%. 

Gearing came down from 42.5% to 41.5%. 

Financial costs also decreased from 4.08% to 37.1%. Total Distribution income is up 14.6% to 207m. DPU is up 13.5% to 7.035 cents. 

Australia side received once-off compensation.  

Australia MIT remain.  

Overall occupancy remains healthy!

Suntec Reit loan currency is fixed at 80% in SGD, 10% each for UK and Australia dollars.

Financial costs remain stable or same as 2025. 

Suntec properties is about $2600 per square foot. 

Keppel DC Reit - 1st Quarter results is out! Gross Revenue is up 18.4 percent to 120m. NPI is up 19.4 percent to 105m. Distribution income is up 20.7% to 74.6m. DPU is up 13.2% to 2.833 cents vs 2.503 cents last year

 Gross Revenue is up 18.4 percent to 120m. NPI is up 19.4 percent to 105m. Distribution income is up 20.7% to 74.6m. DPU is up 13.2% to 2.833 cents vs 2.503 cents last year. I think the results updates seem gd! Pls dyodd. 

Price likely rise higher! 

1Q 2026 vs 1Q 2025

• Higher net property income mainly due to:

i. acquisition of Tokyo Data Centre 3;

ii. higher contributions from contract renewals 

and escalations; and

partially offset by:

i. divestment of Kelsterbach Data Centre

• Higher DI & DPU mainly due to contributions from:

i. strong portfolio performance; and 

ii. acquisitions of Tokyo Data Centre 3 

And remaining interests in Keppel DC 

Singapore 3 & 4

• Higher finance costs mainly due to new 

Acquistion loans drawn in 4Q 2025.

Genting Sing - Finally, she is back to 70 cents, likely to rise up to test 74.5. XD 30 April for 2 cents dividend

 Genting Sing  - Finally,  she is back to 70 cents,  likely to rise up to test 74.5. XD 30 April for 2 cents dividend! Paydate 26 May. Pls dyodd. 

Went to Nex for lunch! The price increases but the dim sum portion become smaller. Used to be 3 pcs per tray. Now 2 pcs. Total 11.10 including congee.  

AGM 15 April, Final dividend of 2 cents is coming! Yearly 4 cents dividend,  yield is 5.83% , nice! 

 Genting Sing  - She is trading at any interesting price level, looks like boat is back. Results will be out on 24 February,  nice!

Estimating Final dividend of 2 cents! Together with interim dividend of 2 cents, a total of 4 cents annual dividend seem quite a gd yield of 5.47%. Cash rich, net cash position! 

Nibbled small units at 72.5 cents. 

She may rise up to test 76.5 than 80 cents.  Pls dyodd.