Yongnam CEO Seow Soon Yong catches up in neighbourhood kopitiam
I had breakfast with Yongnam’s CEO Seow Soon Yong at our neighbourhood kopitiam. Yongnam completed a fundraising exercise the day before, raising S$15m through convertible bonds.
I had breakfast with Yongnam’s CEO Seow Soon Yong at our neighbourhood kopitiam. Yongnam completed a fundraising exercise the day before, raising S$15m through convertible bonds.
Ron Tan, CEO of Cityneon, continues to be busy after privatising his company at $1.30 per share in January. Cityneon holds licenses for four brands, including Disney’s Marvel Avengers, Universal Studio’s Jurassic Park and Hasbro’s Transformers.
Andrew Cheng, CEO of Kingsmen Creatives, brought me around his new facility in Changi. Unsurprisingly, the interior design was impeccable, given that it has over 1,800 designers in the company. It does design and renovation works for retail shops and theme parks, including Universal Studios Singapore and Disney HK and Shanghai. Lately, the margins for this business has been hit by intense competition.
Participated in a ‘live’ townhall meeting on the Budget with Finance Minister Heng Swee Keat. It was a tight one hour TV programme (48 min after commercials) and each participant was limited to a question each.
Croesus Retail Trust was the only Japanese mall-focused trust listed in Singapore, with few investors believing in Jeremy Yong and his team.
Marcus took on the property market while I shared my views on property stocks.
Lost and found! Ex-CFO of OSIM Peter Lee went on a hiatus following the privatisation in 2016, and re-joined the corporate scene a year later with Popular Holdings as Group CFO and Head of Singapore business.
He had a busy weekend with the launch of 3 prime residential developments – Fourth Avenue Residences (Allgreen), Fyve Derbyshire and RV Altitude (both Roxy-Pacific).ERA – the agency arm of APAC – was the sales leader, selling 46 units in total (40% of the units sold).
Peter’s a legend in the recruitment scene in Singapore. And his work ethic is rubbing off on his daughter Adeline.
Whenever anyone asks me what were some of the things that had the biggest impact on my investment philosophy, I always go back to two of the earliest stocks I covered as an analyst – Unisteel and Horizon.com.