I always thought that First REIT is a small REIT that not much investors in Singapore hears of. And for small companies, their disclosure is minimal to the extend that they seem to only want to comply with SGX or accounting disclosures and be done with it.
So it is to my surprise that for their rights issue to purchase 2 more hospitals, their circular release is so comprehensive that you can get an education of the healthcare sector in Indonesia!
You can download and read the full part 2 of the circular here.
A summary of covered topics:
- Indonesia Healthcare Status
- Healthcare Expenditures as a part of GDP
- Healthcare Infrastructures
- Drivers of the healthcare services market and their impacts
- Regulatory Framework and Government Policy Review
- Overview of Jakarta’s Oncology and Accident and Emergency Space
- Overview of Mochtar Riady Comprehensive Cancer Center and Siloam Hospitals Lippo Cikarang
- Master Leases
- Assessment of acquisition
If you are a value investor, this is a good weekend read.
I run a free Singapore Dividend Stock Tracker available for everyone’s perusal. It contains Singapore’s top dividend stocks both blue chip and high yield stock that are great for high yield investing. Do follow my Dividend Stock Tracker which is updated nightly here.
- TD Ameritrade to Focus Only on Accredited Investors (AI) in Singapore. You May Need to Take Actions. - September 26, 2023
- The Dangers of Income Planning with a Fixed Inflation Rate (such as 3% p.a.) - September 25, 2023
- New 6-Month Singapore T-Bill Yield in Late-September 2023 Should Stick to 3.75% (for the Singaporean Savers) - September 21, 2023