Dear readers, the Business Times carried an article today on the surge of privatisations this year as compared to Year 2019. The total deal value year-to-date this year is US$5,833M from 17 privatisation deals as compared to the US$3,418.4M from 19 deals in 2019.
These were the completed deals this year: SK Jewellery, TeckWah Industrial, Luzhou Bio-Chem, Perennial Real Estate, Dynamic Colours, Lafe Corp, Huan Hsin, Elec & Eltek and Breadtalk Group.
Pending privatisation deals this include Hi-P International, Soilbuild Business Space Reit, Sunvic Chemical, Lum Chang, Blumont and Sunningdale Tech.
So which are the next Singapore stocks that could be privatised next? According to a DBS report released earlier this year (you can read the report here ) , the two hotel Reits Frasers Hospitality Trust (FHT) and Far East Hospitality Trust (FEHT) could be the next targets of privatisation.
In my view, investors should not invest or speculate based on possible privatisation themes if they don’t have a good reason to be invested in these stocks. More often than not, these so-called themes may turn out to be just speculation after all.
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