The Nation is crying, I love you Mr Lee

Please watch the video.

Indeed, the Nation is crying and we really lost you this time,

Today... 29th March 2015

is a heart broken day for many Singaporean.

Later today, 1230pm, will be the State Funeral Procession of our founding father, Mr Lee Kuan Yew,

The Procession will cover a distance of 15.4km and pass significant landmarks, such as Old Parliament House, City Hall, the Padang, NTUC Centre and Singapore Conference Hall.

I just wanna say,

"Thank you Mr Lee,

you are the reason why I m able to come home late without worrying about my safety (crime cases) and transport (easily accessible public transport).

you are the reason why I m able to enjoy every moment with my family and friends.

you are the reason why I m able to stand tall with pride when travelling around the world with my red Singapore Passport.

I love you Mr Lee,

and I know you will be looking over us from elsewhere."

Never say good bye because you are ALWAYS in our heart,

#RememberingLeeKuanYew

-Eric Khoo

Keppel Updates

Firstly,  lets take a look at the upcoming financial result date for all the Keppel related corporation.

With this, it also means that dividend / distribution is coming SOON for those who are holding Keppel Reit and Keppel DC Reit.

Keppel Corp dividend payout will be on May 2015.

Secondly, lets follow up on the acquisition of Kepland by Kepcorp. Many might had known by now, the magic number is 95.5%, not 90%, in order to receive the higher tier payout of $4.60 / share. 

(I also thought is above 90% for $4.60/share. I was actually a little upset because we only get back $4.38/share whereas I can sell in market for as high as $4.52, baseline to last closing date of 27th March 2015. I think it doesn't make sense for loyal shareholders like me and many)

However good thing is, Kepcorp decided to extend the deadline to 31st March 2015, 530pm. I really hope 95.5% can be achieve. 

Baseline to today,  28th March 2015, Kepcorp had achieved 93.4% ownership of Kepland. 2.1% more for 2 days. Possible? I have strong belief in Keppel Corp. Let's see! 

Chiong ah!

-Eric Khoo

Keppel Corp Achieved 90% Ownership of Keppel Land

As mention in my previous post, 

Keppel Corp is very determine in privatizing its property arm, Keppel Land. 

Today, 25th March 2015, Keppel Corp had successfully achieved 90% ownership in Keppel Land and had no intention in keeping Keppel Land listed in SGX.

Always in our heart. 谢谢你! #RememberingLeeKuanYew

Always in our heart. 谢谢你! #RememberingLeeKuanYew

"30 minus 1" day !!!

"30 minus 1" day !!!

Was thinking really hard to the extend of cracking my mind into half.
didn't know it is so hard to get thing/stuff for myself,

finally I made a decision to add some position in my Unit Trust portfolio which will give me monthly dividends month after months, year after years. And I know it will makes me smile : )

And so I added position into following Unit Trust.

1. Eastspring InAsian High Yield Bond
2. Allianz US High Yield

Huat ah!

-Eric Khoo

Meaningful Quotes

was tidying my cupboard in office and came across some notes I wrote down in 1 of my notebook.

found them meaningful and decided to share it here.

• feeling your finances are in great shape? why not make them even better?
• know what money is coming in every month and where the money is going, then set money targets (i.e. how much less to spend or how much more to earn)
• everything happened for a reason, fate wants you to go through this pain is to make you realized something (i.e how lousy i'm) and a better one will come by.
• don't take relationship for granted
• deliver what is promised !

wish you great success,
Eric Khoo

Luck is preparation

And I quote from Rich Dad,

"Self-discipline is the number-one delineating factor between the rich, the poor, and the middle class. But, can you guess what most people think the number one factor is?
Luck.

I once heard it said that luck is when preparation meets probability.
I totally agree.
All those over-night millionaires are really people that educated themselves and continuously put themselves in a position to take action.
There are no over night millionaires.
The hard work of these millionaires is the preparation of luck.
You need to prepare yourself for the next time "luck" comes around.

Luck is knowledge.
Luck is preparation.
Luck is perseverance.
You can get educated.
You can get prepared.
You can activate your own success and stop believing in over night millionaires and other “lucky” people."

-Rich Dad

And I totally agreed with him,
luck is preparation,
the more preparation you do on your part,
the more lucky-er you will be.

-Eric Khoo

Free Money??!?? Kepland & Kepcorp

The takeover of Kepland by its parent KepCorp is as good as a confirm signal given

Aim
To own 90% of Kepland by 12th Mar 5pm to be able to privatise Kepland.

Brief Timeline of events
12th Mar before 5pm announce 80.8% owned
12th Mar 5pm announce Extension of closing date to 26th Mar
13th Mar after 5pm announce 85.6% owned.

13th Mar to 26th Mar (2 weeks)

Current market price 4.56-4.57
If Kepcorp is to own 90% by 26Mar 5pm (2weeks for 4.3%),
buyback price to investor will be 4.60

Free Money??!??

Your life, your control

finally had some PEACE time for myself this Saturday,

did some reading today and find the content very meaningful, 

so decided to share it here.

: )

I quote...

"you are most likely to turn out like the five people you spend the most time with.

so if you are hanging out with brenchwarmers who dont dare to take risks,  then neither will you. Cast your social net wider and get to know other like-minded people who are on the same journey as you. They are less likely to baulk at your ideas and may instead offer you invaluable advide and support"

"At the end of the day, you have to ask yourself, whose life are you living? You alone are in control of your life. People come and go and more often than not, their opinions stem from fears. Dont let their small mindedness hold you back from the life you want to lead. There is nothing wrong with them wanting to stick with a certain lifestyle.  Likewise, there is nothing wrong with you not wanting to."

Cheers!