K2LU issuing rights! Anyone shareholdings buying in for the subscription??

For some reason, K2LU has never appeared for my sgx screening results.

My 2 cents after looking at filed sgx data, which you can take with a pinch of salt...

1) ROA / ROE is horrible over past five years
2) operating cashflow is slowly declining over 5 years
3) current ratio really dropped a hell lot over 5 years
4) debt/equity actually went up in 2019, which is like the worst year to borrow money

Frankly, I have a whole lot of other sgx listed reits that has much better financials.

Side note - ARA group was trying to do a hostile takeover of Cromwell reit. Don't like their attitude. Frankly, none of the ARA reits or trusts have ever appeared in my screening as potential investments.

You know:
1) the DPU is decreasing over the year.
2) stock price also trending down.

https://www.dividends.sg/view/K2LU

As long you know, and you are happy👌