CapLand IntCom Tr - I think good pivot entry point is back! At 2.04 yield is about 5.29 percent for this rare local retail cum office reit counter! EGM tmr at 2.30pm. MBS Sand Expo.

29th October 2024:

EGM today at 2.30pm. Sand Expo , MBS level 4. Huge crowds turn out! Only drinks coffee, tea and water provided. At 2.03, yield is more than 5.3% seem not bad! Pls dyodd.

Resolution approved with more than 99% voted for this acquisition of 50% ION Orchard. Awesome.

CapLand IntCom Tr  - I think good pivot entry point is back! At 2.04 yield is about 5.29 percent for this rare local retail cum office reit counter! 

EGM tmr at 2.30pm. MBS Sand Expo. Pls dyodd. 

She may rise up to revisit 2.17 - 2.20.

16th October 2024:

 CapLand IntCom Tr  - She may rise up to test 2.13 ! 

A nice crossing over swiftly plus good volume we may see her rising up further towards 2.16 and 2.20.

Pls dyodd. 

12th October 2024:

 CICT: Capland IntCom Tr  - Yesterday went to Raffles City for Ramen at Mensho Tokyo,  very nice and chewy Ramen, delicious soup base and nice char siew and the crispy topping using bamboo shoot and some chicken meat taste great! Strongly recommended to try!

Their signature ramen looks good and taste nice and great !

And traditional Ramen taste equally great! 

If you are someone craving for high quality and nice soup base Ramen, then you should not miss out! 

Pls dyodd. 

1st October 2024:

 Wow! Just checked The PO share is being credited , 2nd October 2024! Very generous in distributing the Excess! Managed to secured many times more than my entitlement! Awesome! Nice instant profit!

1st October 2024:

 Don't forget, tomorrow new PO share will be listed and commence trading on the same day - 2nd October 2024, huat ah! Current price 2.12 is having a gain of 11+ cents, is quite gd! Pls dyodd.

26th September 2024:

 CICT- CapLand IntCom T  : Results of the PO Rights is out! 82 percent fully applied. Balance 18 percent about 68m share will be allocated to those applied for the excess, awesome I think can get one third of the excesd applied. Swee!

The share will be credited and listed on 2nd October 2024. Huat ah! 

23rd September 2024: 

 CICT- CapLand IntCom T: Tomorrow last day to apply for the PO, dont forget!

This evening will try to apply via cdp online.

Current price is 2.08 - 2.09.

Pls dyodd. 

12th September 2024:

 

Just received the letter! Great!

can use QR code to apply:

Just checked the PO Rights has been credited on the account. Can go ATM to apply for the Rights entitlement. 

PO Rights 16th September 9am to 24 September 5.30pm.

Don't forget!

C12 September 2024:

CapLand IntCom Tr  - Today PP share has been issued at 2.04 a share , price seem to be holding up well, looks rather positive and we may see her rising up to test 2.18 again!

Pls dyodd.

3rd September 2024:

 CICT : CapLand IntCom Tr  - Rights issue offered price of 2.007 for every 1000 share you are alloted 56 share! I think TERP is about 2.09. I guess opening price is 2.07 to 2.08. 

Advance DPU of 2.11 to 2.21 cents.

XD 10/9.

DPU accretive is merely 0.9%.

It looks like they are paying a hefty premium price. 

Lets see how market react tmr!

The acquitted is funded by rights issue and loan.

The Gearing increased to 39.9%. 

It seems like Capiland Investment made a very good divestment gains. Price went up 9 cents to close at 2.78. 

CapitaLand Integrated Commercial Trust's (CICT) manager announced on Sept 3 that it is proposing to acquire 50% of ION Orchard at an agreed property value of $1,848.5 million.

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CapitaLand Investment (CLI) will divest its 50% interest in ION Orchard to CICT. ION Orchard is currently held in a joint venture with Sun Hung Kai Properties holding the remaining 50%.

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The agreed property value is within the range of two independent valuations of ION Orchard, separately commissioned by the trustee and the manager of CICT. On a pro forma basis, assuming CICT had held and operated ION Orchard from Jan 1 to June 30, the distribution per unit (DPU) accretion is expected to be 0.9%.