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OCBC Bank
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Great Eastern 20.5
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chartiskao
Elite |
17-Jan-2024 09:08
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1 MS share can eaily buy 9 ocbc shares at current price and usdsgd 1.3425
https://www.dividends.sg/view/o39
https://www.marketwatch.com/investing/stock/ms
https://www.investing.com/currencies/usd-sgd
so easy for the US to buy over sg vie printing more money
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chartiskao
Elite |
16-Jan-2024 13:59
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gen z age between23 to 38 in 2019 buy very expensive condo and sneaky crypto in sg and avoid sg bank shares
and they love sexy AI stocks
https://finance.yahoo.com/news/history-says-nasdaq-crush-2024-110500022.html
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chartiskao
Elite |
16-Jan-2024 12:15
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https://www.channelnewsasia.com/asia/malaysia-singapore-high-speed-rail-kl-sg-hsr-proposal-4048976
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chartiskao
Elite |
16-Jan-2024 12:12
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https://www.thestar.com.my/business/business-news/2024/01/16/seven-consortia-present-proposals-for-kl-spore-hsr
 
sgdmyr 3.5032
before 2020
sgdmyr only 2.35 and the cost to built the kl-sg hsr was much much cheaper and if it was bult much earlier the whole malaysia could have connected with sg and become a one stop shop for china and angmos tourists
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chartiskao
Elite |
16-Jan-2024 12:09
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B-Singapore RTS Link: From hours to just 20-minute &lsquo seamless&rsquo trip![]() Tan Ai LengPublished Tue, Jan 16, 2024 · 5:00 am Updated Tue, Jan 16, 2024 · 8:04 am
[KUALA LUMPUR] When the Johor Bahru-Singapore Rapid Transit System (RTS) Link is up and running by end-2026, the plan is for passengers to take just 20 minutes or less to get from one end to the other &ndash and that includes the time to clear customs and immigration.
This is a target Mohd Zarif Hashim, the chief executive officer of Malaysia&rsquo s Mass Rapid Transit Corp (MRT Corp), set since he started overseeing the development of the RTS Link in September 2020. The actual travel time for the 4 km journey on the light-rail shuttle service is about five minutes. If all goes well, going through the joint customs and immigration &ndash only at the point of departure &ndash will take 10 to 15 minutes, he said.  
The day before, Singapore Prime Minister Lee Hsien Loong and Malaysia Prime Minister Anwar Ibrahim were in Johor for a ceremony to mark a construction milestone of the RTS Link. The project &ndash estimated to cost RM10 billion (S$2.87 billion) &ndash is 65 per cent complete. During PM Lee&rsquo s visit, it was also announced that Singapore and Malaysia are exploring the possibility of having passport-free QR code clearance at their land checkpoints. If this comes to pass, Mohd Zarif said, it would be a big step towards making travel on the RTS Link as quick as possible. A NEWSLETTER FOR YOU
Friday, 8.30 AM
Asean BusinessBusiness insights centering on the fast-growing Southeast Asian market. 
 
 
 
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Tell us what you think. Email us at [email protected]  
&ldquo The RTS Link is not just meant for ferrying people to and from Singapore. This greater mobility will encourage the flow of ideas, knowledge and talent, to create an economic corridor that makes use of the advantages of the two countries,&rdquo he said. When operational, the high-volume shuttle service will be able to transport 10,000 people per hour in each direction &ndash between Woodlands North in Singapore and Bukit Chagar in Johor Bahru. Establishing this economic corridor will result in more investors looking at opportunities in the region, in fields such as renewable energy, electric vehicles and artificial intelligence, said Mohd Zarif. Land connectivity between Singapore and Malaysia has been largely dependent on the Causeway and the Second Link for decades. Congestion is especially heavy during the peak travel season, and it is common for travellers to wait four hours or more to clear immigration and customs. The Causeway, one of the world&rsquo s busiest border crossings, caters to around 350,000 people commuting daily for work, school and social visits. Malaysia&rsquo s Transport Minister Anthony Loke said last week that the RTS Link will help reduce congestion on the Causeway by about 35 per cent. Prospects in Bukit ChagarWith under 36 months to go before the RTS Link project is complete, Mohd Zarif said that MRT Corp is also planning a mixed development on a 2.4 hectare plot in Bukit Chagar, which is near the Johor Bahru customs, immigration and quarantine complex.He is optimistic that the RTS Link will position Bukit Chagar as a key meeting point for companies on both sides of the border, which will in turn elevate Johor Bahru into a business hub of idea incubation. In July 2023, MRT Corp signed an agreement with Hong Kong&rsquo s MTR Corporation to embark on a large-scale rejuvenation of Bukit Chagar, to transform it into an economic hub. Mohd Zarif said various studies have been done to curate the most suitable lifestyle elements that would pull in younger people to live and work there. While he could not reveal many details at this point, he said there are tentative plans for a retail mall, as well as residential and hospitality components.
The development has attracted the interest of nine investors from Malaysia and overseas, including Australia, China and Hong Kong. MRT Corp has shortlisted three of them and is still finalising the deals, he said. The results will be announced in the second quarter. &ldquo We expect that Bukit Chagar, which is the older part of the Johor Bahru city centre, to lead in the change of the city&rsquo s transformation,&rdquo he said. &ldquo But this development is not enough, and we hope the spillover effect can be enjoyed by other areas in Iskandar Malaysia (the main southern development corridor in Johor)  as well.&rdquo
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chartiskao
Elite |
16-Jan-2024 11:50
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waiting to attack them vie ambush patiently
https://tradingeconomics.com/dxy:cur
https://tradingeconomics.com/commodities
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chartiskao
Elite |
16-Jan-2024 11:47
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when the markets run out of liquidy with the cash you have and the more cash you keep you can screw this crocodiles left right and center
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chartiskao
Elite |
16-Jan-2024 11:45
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with the cash kept in FDs and 6 months or 1 year t bills we can then use to crew them when the market crashed after bthe FED cut rates
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chartiskao
Elite |
16-Jan-2024 11:44
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the property price in sg from the march 2020 correction till 2024 already around 3 years and 9 months into recovery .some already keep cash as the stupid fed raise rate to 5.5%
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chartiskao
Elite |
16-Jan-2024 11:25
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we are living in a very very very crazy global world when we have
$473,173
 
In 2008, a resale two-bedroom condo in the North transacted an average of $473,173. In 2018, a similar-sized unit transacted at an average of $812,313. Meanwhile, a resale two-bedder condo in the West transacted at an average of $564,480 in 2008, and $969,176 in 2018.
https://sg.finance.yahoo.com/news/much-condo-prices-changed-last-101800563.html
 
and now
https://thearcady-at-boonkeng.com/?cq_src=google_ads& cq_cmp=20715205136& cq_term=euro%20asia%20apartments& cq_plac& cq_net=g& cq_plt=gp& utm_source=google& utm_medium=cpc& utm_campaign=arcadyatboonkeng02-observational& gad_source=1& gclid=CjwKCAiAzJOtBhALEiwAtwj8ti9uNTSLTuLqF7xWUFbfxeQylaHfS3Z83hNr9vvjVuCDSRls5p0odBoCfEYQAvD_BwE
now they are selling at sgd2600psf
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chartiskao
Elite |
12-Jan-2024 09:43
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The majority owners of Frasers Property could put the company or some of its assets up for sale as part of a strategic review, The Wall Street Journal (WSJ) reported on Jan 10.
 
https://www.frasersproperty.com/sg/our-portfolio-overview
sell shopping centers or offices or the whole company
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chartiskao
Elite |
11-Jan-2024 17:00
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Frasers Property Expands Singapore Footprint With $497 Million Suburban Mall Stake Purchase. Frasers Property and its unit Frasers Centrepoint Trust&mdash both controlled by Thai billionaire Charoen Sirivadhanabhakdi&mdash agreed to acquire a stake in a suburban shopping mall in the northeast Singapore town of Serangoon.26 Jan 20
 
https://www.youtube.com/watch?v=GP4Cq3VTagU
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chartiskao
Elite |
11-Jan-2024 11:54
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non  performing after he brought over cpl from ocbc better sell it while he is still alive https://www.wsj.com/finance/investing/frasers-property-owners-plan-strategic-review-sources-say-98de2d87
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chartiskao
Elite |
11-Jan-2024 11:46
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in a record very very higth interest rates environment globally sg need to pull in more of this peoiple funds to make it a global finacial centers replacing US
Offshore trusts set up by Chinese in Singapore grew 44% between 2021 and 2022. That is the highest level in the past five years, surpassing the 23% year-on-year rise seen in 2019 before the pandemic, said Harvey Chan, the business director of Payments Asia and a Hong Kong-based offshore trust adviser.12 Feb 2023
https://www.vistra.com/insights/hong-kong-and-singapore-rush-attract-family-offices
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chartiskao
Elite |
10-Jan-2024 12:01
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https://www.businesstimes.com.sg/companies-markets/more-non-core-assets-could-be-chopping-block
http://tanchintuan.com/wp-content/uploads/2014/11/ST-13.07.04-OCBC-sells-off-stake-in-Raffles-Investments.pdf
https://www.youtube.com/watch?v=ZUyQ5sNmEUA
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chartiskao
Elite |
10-Jan-2024 11:56
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after went throught 1997' s asian financial criss,2000 tech meltdown,911in 2001 and 2003' s Sar and 2004' s Tsunami
 
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chartiskao
Elite |
10-Jan-2024 11:50
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https://en.wikipedia.org/wiki/OCBC_Bank
https://theedgemalaysia.com/article/ocbc-divesting-its-noncore-businesses-investing-wealth-management
The decision to divest non-core businesses and concentrate on wealth management is a common strategy among banks seeking to streamline operations, enhance efficiency, and capitalize on more profitable segments. By doing so, OCBC aimed to strengthen its position in the wealth management sector, which often provides higher margins and growth potential.
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chartiskao
Elite |
10-Jan-2024 11:47
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SINGAPORE, 24 February 2004 &ndash Oversea-Chinese Banking Corporation Limited (&ldquo OCBC Bank&rdquo ) announces today its intention to make a S$2.9 billion voluntary offer (&ldquo the Offer&rdquo ) for all the ordinary shares of Great Eastern Holdings Limited (&ldquo GEH&rdquo ) that it does not currently own, on the basis of 976 ordinary OCBC Bank shares ...
OCBC Bids for Great Eastern  
By
Stephen Wright June 30, 2006 12:01 am ET
 
 
 
 
 
that it doesn' t already own, saying the purchase will cost it S$1.28 billion (US$802 million).OCBC said the offer is a premium of 14.4% over Great Eastern' s average closing share price of S$13.99 for the month before the offer was announced. OCBC is the smallest of Singapore' s three major lenders by market capitalization and has been losing ground to DBS Group Holdings Ltd. and United Overseas Bank Ltd.
OCBC Chief Executive David Conner said there have been encouraging results over the past two years as the bank and Great Eastern, the biggest insurer in Singapore and Malaysia by assets, have been " cross-selling" each other' s products. " We would like to see more of the value coming to OCBC Bank' s shareholders," he said. " Therefore, we believe that increasing our stake in Great Eastern is a logical and appropriate strategic step to take." The takeover will be funded by recent asset sales. Advertisement - Scroll to Continue
 
https://www.straitstimes.com/business/ocbc-ups-stake-in-insurance-arm-great-eastern-to-884  
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chartiskao
Elite |
09-Jan-2024 11:14
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https://www.youtube.com/watch?v=zdNX-PBOzFE
 
https://www.straitstimes.com/singapore/housing/housing-prices-not-expected-to-rise-indefinitely-as-markets-show-signs-of-easing-desmond-lee
 
why are so young men and wommen below 30s still go to the showflats recently?
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chartiskao
Elite |
03-Jan-2024 11:10
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https://sg.finance.yahoo.com/quote/O39.SI/insider-transactions/
 
https://links.sgx.com/FileOpen/Letter_to_shareholders_dated_31March2023.ashx?App=Announcement& FileID=751859
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