HOHOHO: Temasek invested in WeWorks’ flea ridden dog
In July 2018, the FT reported that SoftBank, its Saudi-backed Vision Fund, private equity firms Trustbridge Partners and Hony Capital, and our very own Temasek invested in a WeWork subsidiary in China. It was valued at US$5bn. A year before, after Softbank and Hony put $ into it, it was worth US$1bn. Great investment that naturally...
ST’s BS about WeWorks
WeWork to expand to 12 locations in Singapore by year end despite global woes ST’s headline screamed. The constructive, nation-building ST went on Co-working space operator WeWork has launched a new space in the Central Business District (CBD) and will add two more locations here in Singapore by the end of the year. It will...
Hopefully, the new NTUC fairprice group will not put profit above people
I read in today's Straits Times that Fairprice, Foodfare and Kopitiam will be grouped under a new NTUC FairPrice Group. According to the CEO of FairPrice, Seah Kian Peng, this consolidation is aimed at driving greater efficiency and catering to consumers' evolving food needs. All that sounded so correct but I have my reservations. Years...
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