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Our First Business Trip To Malaysia!

Our First Business Trip To Malaysia!

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KOL Gathering – We invited KOLs from Malaysia to have a gathering and networking session.

In 2020, we expanded our team and business in Malaysia. Since it was the beginning of the pandemic and our headquarters being in Singapore, we’ve only met most of our Malaysian team members virtually.

So, this is the first time both teams finally met in-person, after going through the many project developments and meetings over the last 2 years!

It was also a good opportunity to catch up with many of our Malaysian partners, prominent financial influencers and community members!

Key takeaways from the trip:

✅ Sincerity & groundwork are key pillars for building a sustainable community
✅ Understand the nuances of cultural differences – this increases communication chemistry
✅ Always find a good balance between work & fun!

Here’s a big thank you to our wonderful Malaysian teammates for hosting us for the week. Our team bonding activity at Genting was awesome!

p.s. everyone looked better in-person ?

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Key Updates in Mapletree Commercial Trust’s Q1 FY2020/21 Business Update (Guest Post)

Key Updates in Mapletree Commercial Trust’s Q1 FY2020/21 Business Update (Guest Post)

After trading hours last Thursday (23 July), blue chip REIT Mapletree Commercial Trust (SGX:N2IU) released its business updates for the first quarter of the financial year 2020/21 ended 30 June 2020.

Mapletree Commercial Trust to buy Pasir Panjang business park for ... This post was originally posted here. The writer, Lim Jun Yuan is a veteran community member and blogger on InvestingNote, with username known as ljunyuan and has 1241  followers.

As the REIT switched to a half-yearly reporting from this financial year onwards, for the first and third quarter, it will only be posting a business update. Also, the REIT will be paying out a distribution to unitholders on a half-yearly basis (instead of on a quarterly basis in the past.)

With that, I will be highlighting some of the key pointers in the REIT’s latest business update to take note of (along with my thoughts to share):

Financial Performance (Q1 FY2019/20 vs. Q1 FY2020/21)

Q1 FY2019/20 Q1 FY2020/21 % Variance
Gross Revenue
(S$’mil)
$112.1m $100.3m -10.5%
Property Operating
Expenses (S$’mil)
$23.8m $21.5m -9.7%
Net Property
Income (S$’mil)
$88.3m $78.9m -10.7%

On one look, it was a weaker set of results for the REIT, which Chief Executive Officer Ms Sharon Lim attributed it to the 8-week circuit breaker, and the continued closure of most businesses during the first phase of Singapore’s re-opening from 02 to 18 June 2020.

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Family Inc: Viewing Your Career as Investments (Guest Post)

Family Inc: Viewing Your Career as Investments (Guest Post)

Since we are on the topic of job switching, I thought of writing some financial and non-financial decision points I considered when making these decisions that I had over the years.

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This post was originally posted here. The writer, Kyith is a veteran community member and blogger on InvestingNote, with username known as Kyith and 800+ followers.

However, these thoughts are rather jumbled up in the head. And this week, is not the most conducive to think about these things because I am picking up some stuff… that requires a little bit more manpower.

So perhaps that will be left to next week.

One book that have been on my mind to write about was this book called Family Inc.

This is not a very popular book, but you can find a few in your national library. I planned to see if I can do a series on this book because I find a lot of what he talked about my resonate with my readers here.

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