Read on.

The 4Q
FY2021 distributions to Unitholders included the release of the balance S$1.1 million distributable income previously retained in 4Q FY2020. With this,
the 4Q FY2020 retained distributable income of S$2.9 million has been fully released in FY2021.

Based on closing price of S$1.37 on 4 May 2021 and actual DPU of 8.95 cents.

Giving a yield of 6.5%

Notice the DPU has been sliding since 2016.

i am refering to DPU, not total income.

The DPU for 20 was 9.50 and 21 is 8.95.

Since 2016, DPU has been sliding from 11.35 according to the chart on page 8 of the presentation file

https://links.sgx.com/FileOpen/AA_REIT_4QFY...t&FileID=664967

BHG: https://links.sgx.com/1.0.0/corporate-annou...630170bf0feec09

EC World: https://links.sgx.com/1.0.0/corporate-annou...34d55052cb990fb

Returns aside, are you aware of this: https://www.straitstimes.com/business/compa...ed-in-cad-probe

https://www.straitstimes.com/business/compa...g-cad-interview

https://links.sgx.com/FileOpen/ECWREIT%20-%...t&FileID=666621

Another Reit privatisation?   

The Board of Directors of EC World Asset Management Pte. Ltd., as manager of EC World Real
Estate Investment Trust (“ECW”, and as manager of ECW, the “Manager”), wishes to announce that
it has been approached by Forchn International Pte. Ltd. in relation to a potential transaction
involving ECW’s interests in all of its properties, which may or may not lead to the divestment of these
properties. The Manager has not entered into any exclusive or binding arrangement in
connection with the discussions and Forchn International Pte. Ltd. is leading the discussions on
behalf of a consortium of purchasers.
No decision has been made in respect of the price or the terms under which any such divestment would
take place, and the Manager wishes to emphasise that there is no certainty or assurance whatsoever
that any transaction will occur.
The Manager will make the relevant announcements on SGXNET in the event there are
any material developments which warrant disclosure, in compliance with its obligations under the
Listing Manual of Singapore Exchange Securities Trading Limited (the “SGX-ST”). Unitholders and
investors are advised to refrain from taking any action in respect of units in ECW (“Units”) which may be
prejudicial to their interests, and to exercise caution when dealing in the Units. Persons who are in
doubt as to the action they should take should consult their stockbroker, bank manager, solicitor or
other professional advisers.

That is what we call "survival of the fittest"

Why should shareholder accept anything less than the NAV?
Am i missing something here?

i have seen so many of my stocks privatised in the past year or so. Made some $$$ on the arbitrage on Accordia, Soilbuild

Was in Croesus too.

Worse thing is they justified using the prices on certain trading days and not the NAV.

Elite Commercial Reit unit applies for TISE listing

MAINBOARD-LISTED Elite Commercial Reit has applied for its wholly-owned unit, Elite UK Commercial Holdings Limited (ECHL), to be listed on The International Stock Exchange (TISE) as a UK Reit by the third quarter.

Post-listing, Elite Commercial Reit will continue to hold 100 per cent of the shares in ECHL, said the manager in a regulatory filing on Friday.

It further said that the proposed listing puts the tax treatment of Elite Commercial Reit on par with that of other UK Reits.

Following the admission of ECHL on TISE - and according to the double taxation treaty between the UK and Singapore - it is expected that the principal tax rate applicable to Elite Commercial Reit will be reduced to 15 per cent from the current 19 per cent.

Further, any latent capital gains - and its corresponding deferred tax liabilities - of properties currently held by Elite Commercial Reit will be eliminated, said its manager.

While the listing of ECHL on TISE is expected to be completed by the third quarter, there is "no assurance" that it will be successfully completed, it added.

Prior to ECHL's listing, the income and gains of Elite Commercial Reit's subsidiaries in UK would continue to be subjected to the prevailing UK corporation tax.

Elite Commercial Reit, which debuted on the Singapore Exchange mainboard last February, is the first Reit denominated in the British pound to be listed here.

Its units closed unchanged at 66.5 Singapore cents on Friday.
https://www.businesstimes.com.sg/companies-...or-tise-listing

It seems from the reading, the income should increase from tax savings:

Better than any bonds. Afterall the tenant is the UK gov.

The SREITs associated with these currencies are giving reasonable yields. Why not? MYR will not go anywhere in the long term.
Especially the GBP after BREXIT has taken a pounding. I managed to buy at around 5.4 earlier in the year.

It seems from the reading, the income should increase from tax savings:

Today's volume is very High. 

Elite Commercial REIT: https://links.sgx.com/1.0.0/corporate-annou...27f6cbce288e5b3

Meaning if the company paid 25% tax for you, and your tax bracket is 15%, the LHDN pays you the extra 10% over payment?