14-08-2013, 08:45 PM
GIL has invested $6.01 million into CLOs, $5.79 million into bonds and $2.08 million into listed equities. There are $28.20 million balance from the recently raised rights issue proceeds. The first two investments (assuming no payment default) should be cash-flow positive for the Fund.
http://infopub.sgx.com/FileOpen/39_20130...eID=251950
(Not Vested)
http://infopub.sgx.com/FileOpen/39_20130...eID=251950
(Not Vested)
Disclaimer: Please feel free to correct any error in my post. I am not liable for anything. Do your own research and analysis. I do NOT give buy or sell calls and stock tips. Buy and sell at your risk. I am not a qualified financial adviser so I do not give any advice. The postings reflects my own personal thoughts which may or may not be accurate.