08-12-2022, 07:03 AM
![](https://i.imgur.com/CLvY2jA.png")
Singapore authorities investigate Sasseur REIT’s chief financial officer
08-12-2022, 07:06 AM
china mall now mostly empty
due to lockdown
due to lockdown
08-12-2022, 07:12 AM
This is clearly an inflate valuations and list case.
The 4 malls are worth much less thatln what IPO valued...
.
Just like all other category listings be it clobs s chips or REITs ....all turn to crappy investments due to lack listing rules.
Many companies just package the property they don't want into a REITs then inflation t to e valuations to list on SGX.
more than 70% of REITs listed last 5 yrs are below IPO prices. Many cannot sustain their DPU...worse still many ask for more $$$ using rights issue
The 4 malls are worth much less thatln what IPO valued...
.
Just like all other category listings be it clobs s chips or REITs ....all turn to crappy investments due to lack listing rules.
Many companies just package the property they don't want into a REITs then inflation t to e valuations to list on SGX.
more than 70% of REITs listed last 5 yrs are below IPO prices. Many cannot sustain their DPU...worse still many ask for more $$$ using rights issue
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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