Companies that were bailed out
Of all the companies that were bailed out during the pandemic, SIA probably received the most money. It would have received hundreds of million of dollars just from the Job Support Scheme alone, given that it is one of the biggest employer in Singapore, and that the aviation sector benefited from the highest tier of support....
Accountability
If you own a big company, would you allow your CEO, who isn't related to you, to employ his own family members, relatives and village people to run your finance department, IT department, procurement department, HR department, account department... Every important faculties of your company? Worse, many of these CEO Kakis are...
3AC founders reportedly fled Singapore
I know some self professed "expert investors" are caught in this collapse. "Expert investors" who have been publishing books, writing blogs and giving advice to amateur followers are all caught up in this big collapse. A collapse of such magnitude will have great ripple effects. For some big wealthy investors, losing a few millions,...
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