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Dairy Farm's Partnership with Robinsons in the Philippines Receives Competition Commision Approval
Dairy Farm International Holdings Limited announced that, on 16th August 2018, the combination of its wholly-owned food retail business, Rustan Supercenters, Inc., with Robinsons Retail Holdings Inc. received the approval of the Philippine Competition Commission. Completion of this transaction is expected to take place in the next couple of months, at which time a further announcement will be made.
Specuvestor: Asset - Business - Structure.
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I am new DF shareholder, first time receiving dividends from the company.
Does anyone know for USD cheque issued by DF for the dividends, do they use a local bank or foreign bank? According to DBS website, foreign issued cheque will take at least 21 days to clear.
Thanks and stay safe.
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You should get a US$ cheque from CDP drawn on a Singapore Bank (usually DBS) and can be cleared locally into a US$ account.
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(02-10-2020, 11:11 AM)ongweehiang Wrote: Hi All,
A follow up post on Dairy Farm and why we are buying as it goes lower.
https://weightedresearch.substack.com/p/...tfolio-312
and our subsequent article on Patience in investing.
https://weightedresearch.substack.com/p/...nvesting-1
Hope you enjoy the articles.
hi ongweehiang,
I find it really interesting thing that you are willing to publicly share "paper loss". This is rare. Nonetheless, it is something that I look out for, when I try to assess the creditability of a person.
Have read your previous articles and they are informative, and look forward to your future sharing.
I am not a certified financial advisor and so nothing of what I say should be construed as financial advice. Please consult a certified financial advisor for advice instead.
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Agree. I think those who talk about their failures have more credibility than those who are "perpetually right" for cocktail talk.
Buffett exhibit such characteristics as well.
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward
Think Asset-Business-Structure (ABS)
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