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HupSteel
25-10-2018, 09:34 PM.
Post: #791
RE: HupSteel
actually, the fact that they spent so much time waiting for the right MNC tenant is not really a negative? afterall, they did develop the entire building in cash and CEO did explain in the agm 2 years ago that he preferred not to lease it in bits and pieces to different small tenants.

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30-10-2018, 01:40 PM.
Post: #792
RE: HupSteel
(25-10-2018, 09:34 PM)bargainhunter Wrote: actually, the fact that they spent so much time waiting for the right MNC tenant is not really a negative?   afterall, they did develop the entire building in cash and CEO did explain in the agm 2 years ago that he preferred not to lease it in bits and pieces to different small tenants.

yeah, it's as per plan, so CEO, coe is sticking to his plan... Smile

I like him already!
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR! 
4) In BULL, SELL-SELL-SELL! 

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31-10-2018, 12:00 AM.
Post: #793
RE: HupSteel
(30-10-2018, 01:40 PM)brattzz Wrote:
(25-10-2018, 09:34 PM)bargainhunter Wrote: actually, the fact that they spent so much time waiting for the right MNC tenant is not really a negative?   afterall, they did develop the entire building in cash and CEO did explain in the agm 2 years ago that he preferred not to lease it in bits and pieces to different small tenants.

yeah, it's as per plan, so CEO, coe is sticking to his plan... Smile

I like him already!

Any one attended the AGM? Why is it that there was 10%votes against the Special Dividend?

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01-11-2018, 07:43 PM.
Post: #794
RE: HupSteel
No one raised any violent objections to the special dividends. not sure why the 10% of votes voted against. there wasn't any fireworks at this year's agm. in fact, those who spoke praised the management that they had done well against the harsh environment and hoped that they would continue to unlock value and pay out dividends.

CEO updated that 38 Genting Lane would continue to be multi tenanted after rebuild vs single tenant for 6 kim chuan drive.

http://infopub.sgx.com/FileOpen/Ann%20on...eID=480979

As usual, they would use cash to pay for the cost of $9.3m to rebuild.

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