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Latest: Rickmers says may propose winding up the trust if note restructure fails http://www.bloomberg.com/news/articles/2016-09-22/singapore-shipping-trust-seeks-to-issue-units-amid-restructuring Rickmers Trust Management Pte., the trustee-manager of Rickmers Maritime, proposes to issue 1.32...

I am sure that 20 years later, Serina will still be more attractive than SUN in her prime years during the early 2000s.

In the same context, an locally-listed company did revamped their business to divert from O&G and committed their marine assets to do land-reclamation in South China Sea.

Marco Polo Marine Ms Vivian Hsu married the CEO of this locally-listed marine logistic company. Last week, the company announced that they need delay payment on their bonds and rumoured to seek bondholders' approval to roll over for a few more years...

Many China, India and Malaysia workers in Singapore are also driving after converting their kopi licence to operate vehicles in Singapore, and causing a lot of fatal accidents.

Update: BOJ did not surprise the market. PEACE Update: FED did not surprise the market. PEACE

Good sharing. It is really a very gentle-loving photo. Here's a fierce one

People who buys NOL are also not gamblers, people who buys NOL want a peace of mind. Our regulators betrayed them citing these are commercial decisions. Recently, we see more bonds defaulting every month not only because of insolvency but also because our country refuses to inject liquidity into...

Distress call from Rickmers Trust bondholders: RICKSP 8.450% 15May2017 Corp (SGD) Last Checked: Offered 72% discount from par by converting 28% value to shares Bonds Issued: S$100mio

International Healthway Corp Very good article. http://tradehaven.net/ihc-seems-a-case-of-poor-pr-bad-luck-and-past-catching-up IHCSP 6.000% 06Feb2018 Corp (SGD) Last Checked: 35% discount from par Bonds Issued: S$50mio...

Too late to RUN. For many of us who haven't RUN by now, are probably sitting on paper losses. Even yesterday's Lippo 7% placements, struggling to stay afloat (par). Don't add new positions until October is over.

Good perspective.

My (Fallen) Angel

Update: BOJ did not surprise the market. PEACE

Lippo Malls Indonesia Retail Trust sells perpetual bonds offering at 7% http://www.businesstimes.com.sg/companies-markets/lippo-malls-indonesia-retail-trust-sells-perpetual-bonds-offering-at-7 "It looks like the highest (coupon) so far this year," said a banker. The expected issue size is...

Public Bank and HL Bank are better banks in Malaysian than CIMB or Maybank. However, taking clue from the weakness in global banks, eg Deutsche Bank fell to lows last night and our local banks refusing to write-off their O&G and property bad debts, I will avoid financial institution at least...

It is more like suicidal for Lippo. Lippo kept talking about delisting from Singapore to move back to Indonesia. This possibility has dampened their share prices while Indonesian counters rocketed recently in Jakarta. The weak share price also gives the controlling shareholder a chance to take...

The best way to MAKE AMERICA GREAT AGAIN is for Hillary to make a graceful withdrawal and someone like Sanders takes over. Sanders will grab 70% of the popular votes against Trump and we will see US Dollar soaring like no tomorrow. (use the right tool for the right opponent)

Paiseh, RUN will choose Serina over Angelina. I can't speak for the rest but Serina 50% discount is still better than Angelina. If she headed CHC, she would probably be grow CHC into a $500mio organization and becomes first female president in Singapore in the foreseeable future.

most of the uncles and aunties staying in Buona Vista, Clementi, Toa Payoh, Redhill HDBs and likes are worth $500K to $1mio right? Let our younger generation be enslaved in mountain of debts to bail out the paper-rich old. Another article from Bloomberg this morning: Saving Singapore's...