G. K. Goh Holdings

[camelking]

G.K. Goh will be booking in a profit of approx. $7.5m in Q1 (ending 31Mar12) from the just completed sale of its effective approx. 19.84% beneficial interest in Dormitory Investments Pte Ltd and the Tuas Dormitory asset held under approx. 31%-owned associated company, Value Monetization Ltd (a private equity fund)......
http://info.sgx.com/webcorannc.nsf/Annou...endocument

My calculations show the Tuas Dormitory has been a superb investment for G.K. Goh and other investors in the private equity fund, and G.K.Goh appears to have invested only approx. $1.9m for its proportionate beneficial equity interest in the Tuas Dormitory asset and now realised a fantastic approx. $7.5m gain.

As further info, Centurion Corporation Ltd was the buyerof the Tuas Dormitory asset, and bought a combined 90% interest for a cool total $47.5m in 2 recent transactions.....
http://info.sgx.com/webcoranncatth.nsf/V...E003655E2/$file/Centurion-SPA-DIPL-240212.pdf?openelement [purchase of a 85% interest for $40.375m]
http://info.sgx.com/webcoranncatth.nsf/V...20043C8AC/$file/DIPL-KCB.pdf?openelement [purchase of an additional 5% interest for $7.125m]

I guess between G.K. Goh and Centurion Corp., it should very clear which counter serious and value-oriented investors will and should put their money.

Yeah, GK Goh is very shrewd in investment...They started as stockbroker anyway...
I hope the overall market will continue to plunge so that I can pick up some more lots..