GLP has acquired an 89.0% interest in 2 assets

Global Logistic Properties, in short GLP has acquired an 89.0% interest in each of Beijing Youshan Hengrong Yanong Investment Management and Beijing Youshan Hengrong Shengyue Investment Management for a cash consideration of RMB 448m (approx. US$68m).

some of its properties in China, Japan, US and Brazil.
all damn chio! haha

Late Post: Viva Business Park Site Survey

as many had know, one of key assets under Viva i Trust is undergoing major AEI.
use to call Chai Chee @ Technopark,
currently renamed to become Viva Business Park *nice name, thumb up*

being a shareholders of Viva I Trust,
i decided to go down and take a look since i always believe the concept of "you must know what you are buying" haha.

slide obtained from http://www.vivaitrust.com/investor_slides.html
the AEI is separated into 3 main phases
Phase 1: had completed and were fully leased *swee la
Phase 2: obtained TOP on 4th May 2016, not sure what is the status. open? fully leased?
Phase 3: will only finish in Q3 2016.

Phase one is the place where Decathlon Singapore is located and basically my gf and i walk around phase 1's area only. Saw Owl Cafe (yet to open), True Fitness's staffs prompting around the area outside Decathlon and a Dart's cafe/pub (open).

as for Decathlon, store is really huge. the store looks like some giant supermarket or Ikea, the only different is that it only sells sport related stuffs. one thing i must say is that the things they sell is really cheap. even my gf says she will come back again for the items they selling. quite a lot of people on that day (weekend). thumb up!

below are some of the pictures i took using my gf's HP.
yes i m using a non camera hp. =)

Update for May 2016

went to check on the meaning of harvest and this is the answer i got from 
http://www.merriam-webster.com/dictionary/harvest

Definition of Harvest: the season when crops are gathered from the fields or the activity of gathering crops.

and for me, month of May is the season when my crops (money) are gathered. haha

crops collected for the month of May

Kepcorp $286

Starhub $100

ARA $70.20

ST Engg $200

Breadtalk $45

Sembmar $200

SPH Reit $84

Comfortdelgro $50

Sembcorp $60

QAF $120

Secura $30

Suntec Reit $71.13

ThaiBev $48.16

Sheng Siong $87.50

Starhub $100

Cache Log Trust $61.17

Frasers Centerpoint Trust $60.78

FEHT $54

Viva i Trust $137.59

Stock Portfolio $1865.53

Unit Trust Portfolio $229.09

Interest/Caurosell/Rebate $101.86

Total for the month of May: $2196.48

with this, i would like to leave you guys with one of my favourite quotes

“The best time to plant a tree was 20 years ago.
The second best time is now.”
– Chinese Proverb

for me...

sit back, relax and wait for the next harvest.

What next? wait for the "pivot point" where my passive income > expenses which mean I had achieve my financial freedom!!!

looking forward. = )

Continue to believe,

Eric

Happy Birthday!! And 谢谢大家! (Part 3)

super late birthday present from GF's BF: Leong Gui Ling
not Gui Hua = (

so how did i know Gui Ling?
very simple, google search gui ling and you will get this,
haha. don't kill me GL. = )

how long did you know her?
well, how long i knew my gf is roughly how long i knew her,
so really shock when she insists in getting a present for me.
really thankful my GF has a BFF like you and I really appreciate your gift!
many thanks!

another gold addition to my gold asset collection.
Yeah!
Huat ah!

1G 9999 "Cai Yuan Guan Jin" Gold Bar from Citigems (Front)

1G 9999 "Cai Yuan Guan Jin" Gold Bar from Citigems (Back)

Update for April 2016 *Late Post*

Hi all,

sorry for the late post.
actually I wanted to skip this month update as this month is the month of dryness,
nothing much to update
i.e. no dividends was collected from my Stock Portfolio. ;(

however my Unit Trust Portfolio continue to provide some small rain drops during dry period like April, June, July etc. =)

and so for the month of April 2016
Dividend collected from Unit Trust: S$310.21

stay tune for May 2016
one of the month where "Golden Flowers, 金花" bloom
haha.

Determine to success,
Eric Khoo

Breadtalk Salted Egg Yolk in Crispy French Toast Bread

for all the salted egg yolk lover
New item from Breadtalk
Salted Egg Yolk in crispy french toast bread with coffee or tea at $3.90

World best!
Must try
;)

Breadtalk tote bag only at $1

Any Breadtalk lover like me? Haha
Tote bag at $1 only.
Available in all Breadtalk stores!
Get yours today!

Update for March 2016

Update For March 2016

Didnt do much for this month (March).

Received some passive income as follow. 

1. Unit Trust $214.95

2. Singpost $60

3. Mapletree Com Trust $62.40

4. Far East Hospitality Trust $58.50

5. Rebate/Interest $82.58

Recently I read an article online and i really get very annoyed by it. Especially for pointer one.

Dont get me wrong, I think the article is really good.

N i highly recommend u to go read it too. 

Jus spend around 15 minutes, go through it.

You won't regret. Haha

=)

http://www.businessinsider.com/i-became-a-millionaire-at-24-here-are-my-7-best-pieces-of-advice-to-create-massive-wealth-2016-4?IR=T&r=US&IR=T

The article doesn't tell u what to do,

But it helps u to open your mind and makes u reflect about yourself. *at least for myself. 

So.....

Question: How to create explosive income? 

I m finding my ans too. 

Hmmmmm.....

To our success,
Eric

Ippt 2016

宝刀未老。haha  : )

Far East Hospitality celebrates the opening of Oasia Hotel Downtown, Singapore and Oasia Suites Kuala Lumpur, Malaysia 60% off Flexible Rates

Information obtained from Far East Hospitality Mailing.

For sharing of good deal purpose only.

Far East Hospitality celebrates the opening of Oasia Hotel Downtown, Singapore and Oasia Suites Kuala Lumpur, Malaysia with an unbeatable offer just for our subscribers.

For a limited time only, enjoy 60% off Flexible Rates at both properties for stays till 31 July (Oasia Hotel Downtown) and 30 November 2016 (Oasia Suites Kuala Lumpur). 

It’s the perfect time to book a staycation or get some rest and relaxation in Kuala Lumpur.

Hurry! This offer is not available anywhere else. 

Promotion ends 17 April 2016.

http://www.stayfareast.com/en/deals/feh-db.aspx?utm_source=Stayfareast+11+Apr+All&utm_medium=Email&utm_campaign=OSKL+OHD+Preopening

Happy Birthday!! And 谢谢大家! (Part 2)

Late presents from various pals.
迟到好过没到。haha.

Firstly, from my financial planner cum cousin, Sam Lim.
Every year CONFIRM will receive something surprise from him, last year was GV movie tickets,
this year, Sushi Tei Vouchers.
Yeah! ✌

From One of my preferred and trusted consultant, many thanks bro!

Follow by BFF, Bai Jin Hua. Haha.
Totally no surprises at all because she asked what I want, haha but also because she asked,
So i got my desire n preferred present.
So...... still acceptable la. Is the heart that counts, right?

Knew her through Eyan. Some say she has the same personality as me.
Seriously, i Don't know good or bad. Haha.
Anyway, one Ounce of pure Sliver coin. 👍
and Eyan, thanks for helping her to get this for me. Haha

Next is the most laziest birthday present I ever receive. 

"Don't know what to buy, Just give you cash la", he said. Haha. 

Ok la, still money so I m quite fine with it. Hehe

Many thanks to one of my closest poly buddy, Kelvin Seo, 蕭董
Wasnt that close during school days.
Only got closer lately. Y? I also don't know y. Haha

The last present comes from Sue Song, song ah! Haha
Only received this like last week.
Next year get me a sliver coin ok? Haha
But still, I like it. Thank u!!

One of my closest female friend around me.
Glad to know u and hope u stay in sg forever. Haha

Lastly, Feeling lucky?
Even ANZ decided to give me some gift. Haha
Free $80 rebate & a $8 ezlink card.

P.S. 神啊 (god)
please keep the heng-ness coming non-stop.
Many thanks. Haha

How to Filter Good from Bad?

How to Filter good company from bad companies?
Below are some of the pointers I use.

1. Has Competitive advantage
2. Owner is Major Shareholder
3. Constantly finding new product(s)/business to sustain growth.

Old Chang Kee is one such example.
Constantly bringing in new products and promotions. Curry Times is one of their successsful stories.

Below are some of their latest products and promotions.
Do try it if you passsby their stores the next time.
:)

-Eric

LIFE FAIR/UNFAIR

Eric Khoo - Feeling Emotion =(

life is unfair.
want to depend on others?
i say "why not depend on yourself?"

life goes on.