The recent development on the change in ownership of First REIT causes some uneasiness in me. The change does not have a direct impact on the REIT and it also provided opportunities for it to expand new territories in Japan and China.
So why the uneasiness?
Primarily due to the pretty large unrealised profit accumulated over the past 11 years. With a higher uncertainty due to the debt problem faced by its sponsor, coupled with a change in CEO last year, I feel that this investment has become riskier for me in the near term.
Hence, I decided to go with my gut and divested about 90% of my holding today at $1.22. Together with the dividend collected over the decade, I have made a gain of about 270%. Happy with it but it does mean lower dividend for the upcoming year until I re-invest the amount again.
Towards Financial Independence 
Hello. May I know which online trading brokage you used for sell actions.
I have been using DBSV cash upfront (custodian as CDP) for buy action.
Thanks
I have been using RHB due to familiarity for my Singapore stocks. Transaction cost is more expensive than cash upfront.
The following articles are good resources on brokerage to use.
https://dollarsandsense.sg/singapore-stock-brokerage-house-comparison/
https://blog.moneysmart.sg/invest/how-to-decide-which-investment-brokerage-in-singapore-is-best-for-you/