Archive for the ‘Business’ Category
Did Temasek lose more than S$500 million selling 63 million StandChart shares to GIC?

Did Temasek lose more than S$500 million selling 63 million StandChart shares to GIC?

For years, Temasek owned 18% of StandChart (high of 19%).  Some time in 2016, this was reduced to 16%. It appears the 63.8 million shares (link) amounting to an estimated S$765 millionwere sold to GIC. (estimated StandChart share price BP6, 1BP = S$2) Point to note is Temasek had invested in StandChart at prices of between... 

Puzzle Bargain

Puzzle Bargain

I find PUB’s reasoning for taking over the Hyflux desalination plant quite puzzling. It says Tuas Spring has “negative value” which implies that the intended take over by PUB at Zero value is actually “helping” Hyflux. But Tuas Spring has a “negative value” because of its huge amount... 

Member Services
Self-SupportMembers Login
Sponsored Advertisement

Search On TR Emeritus
Sponsored Advertisement



Most Recent Comments
  • NotMyProblem: @Phillip; If I have an ATM, money contribution from the 70%, I would be doing the same. On top of that...
  • LIONS: TH N GIC? LPPL! BTW,the Khoo Family must thanks daft HO JINX for forcing them to sell Stanchart to TH. TH is...
  • NotMyProblem: Vignesh Moorthy: I’m a blood donor and I know that blood is never sold. Don’t spread false...
  • Spring making losses?: Someone pointed out that Tuas Spring is making big annual losses. If you take over a loss...
  • These not ordinary businesses!: All were grinning from ear to ear at the big fanfare opening ceremony. Obviously...
  • Bad Boy: Anwar’s daughter resign. No words from Mr GMS. How about an article about the embarrassment of Ma and...
  • oxygen: Ooops typo error there oxygen: PAPpy NEWS PUBLISHING because of two reasons should be read as oxygen: PAPpy...
  • oxygen: PAPpy NEWS PUBLISHING because of two reasons - ageing demographic inevitability and - MORE IMPORTANTLY...
  • rukidding: Yesterday sang “good song” of hyflux…so proud of its success ! Today,…”throw...
  • rukidding: IMHO,…only “crooked” Leeders “behaves” like what you just posted ! Period !...
  • N.Jungne: Last time close friend, now no money to borrow, no friend. Don’t know meh
Announcements
Advertisement
Visitors Statistic
Latest Statistic
Advertisements