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https://www.drwealth.com/sph-sgxt39-coul...lued-play/

The article explained why the selling will continue and also quoted examples of stocks dropped out of STI and their eventual fates ..

SPH Share price may see continued selling pressure and may follow the similar path .....

$1 may be a good price to catch ...


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(19-06-2020, 08:44 AM)Curiousparty Wrote: [ -> ]https://www.drwealth.com/sph-sgxt39-coul...lued-play/

The article explained why the selling will continue and also quoted examples of stocks dropped out of STI  and their eventual fates ..

SPH Share price may see continued selling pressure and may follow the similar path .....

$1 may be a good price to catch ...


Sent from my iPhone using Tapatalk Pro

This was the announcement of SPH reit .

Source: https://www.theedgesingapore.com/news/co...-all-units

Quote:SPH REIT chairman Leong and wife sold all units

SINGAPORE (July 21): Leong Horn Kee, chairman of SPH REIT, has sold all his 300,000 units into the open market. Leong’s wife, Chuang Lee Eng, similarly, sold all her 200,000 units as well.  They sold at an average of 86.5 cents. Leong isn’t the only insider selling SPH REIT recently. On June 17, labour movement National Trade Union Congress sold 400,000 units for $355,960, or an average of 89 cents.

With that sale, NTUC has trimmed its stake from 5.012% to 4.998%, which means it isn’t obliged to declare further selling. SPH REIT’s key assets are Paragon and Clementi Mall.   SPH REIT closed July 21 unchanged at 88 cents.

SPH REIT eAGM QnA
With border restrictions still in place, recovery of the medical tourism industry (in relation to foreign patients seeking medical treatment in Singapore) will be slow. For 

Singaporeans and those residing in Singapore, during the Circuit Breaker, only “essential” medical services could be rendered and these included general practitioners and acute procedures. With effect from 2 June 2020, this was relaxed to cover more medical procedures. Upon the commencement of Phase 2 in June 2020, medical clinics were allowed to resume all healthcare services including recommended chronic diseases, cancer screening programs, statutory medical examinations and pre-employment medical screening.
https://links.sgx.com/FileOpen/SPH%20REI...eID=640465

Stay home and stay safe, everyone.