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Thread: Yishun Site - MCL Land

  1. #61
    Join Date
    Jul 2009
    Posts
    1,823

    Default MCL -> HK Land

    Quote Originally Posted by Condorich
    It says all sold out.

    Anyway developer is getting out of this business. Proposed Delisting.

    http://www.mclland.com.sg/pdf/260810-DelistingAnn.pdf

    A few land had been released after this launch. Good or bad? Wait and See.
    The Developer is not out of the business. MCL will be delisted, but the holding company HK Land will carry on with business. I was lucky and bought some MCL stocks when I saw the units were selling faster than expected. The dividend was so good. Anyway, need to wait for a few months to get the delist cash. Frankly I'd rather MCL remain listed and collect dividend (like what HK Land has been doing for years).

    Thanks,
    Richard

  2. #62
    Join Date
    Apr 2009
    Posts
    923

    Default

    Quote Originally Posted by richwang
    I am not an agent. I stay in Yishun (and work in Sciecne Park). The Project has been fully sold out. The construction is progressing relatively fast. Foundation is almost there.

    Thanks,
    Richard
    OIC. No wonder you have the details.

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