Tuesday 3 December 2019

Income Portfolio boost by Merger & Buyout


My Income Portfolio has grown really well this year, noticeable is VICOM, Perfect Shape, Valuetronics. The biggest contributor is however Ascendas Hospitality Trust which was 25% of the portfolio which I divested in august. Hence taken its place is Accordia Golf Trust (AGT) at 27% of current portfolio. It was recently announced to have a buyer of all its golf courses. Although it is a good news, if AGT was to delist, I would have to look for new counter to buy with higher risk as well. I hope the deal offer at a great price or failed to be sold isn't that bad too.

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