I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!


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Saturday 26 July 2014

The special purpose joint venture will undertake the S$488 million contract for the Land Transport Authority of Singapore for the construction of Marina South station and tunnels for the Thomson Line.

Singapore, July 25, 2014 – Sembcorp Industries Ltd announces that its wholly-owned subsidiary Sembcorp Design and Construction Pte Ltd has entered into a 50:50 project joint venture agreement with Sinohydro Corporation Ltd (Singapore branch). The special purpose joint venture will undertake the S$488 million contract for the Land Transport Authority of Singapore for the construction of Marina South station and tunnels for the Thomson Line

The above transaction is not expected to have a material impact on the earnings per share and net asset value per share of Sembcorp Industries for the financial year ending December 31, 2014.

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