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Archive for the ‘Current Affairs’ Category
SMRT: Taxpayers get screwed

SMRT: Taxpayers get screwed

Temasek is offering $1.68 per share or $1.18bn to buy out the minority shareholders of SMRT, a 9% premium over the last traded share price of $1.545. Usually an acquirer pays a premium of up to 30% to gain full control of the target. So the question is why just a 9% premium, shareholders and anti-PAP paper warriors are screaming?... 

The truth about the South China Sea issue

The truth about the South China Sea issue

First let those politicians, strategic studies research personals , the mass medias, the TVs and Radio talks in some ASEAN countries and those who are beholden to USA somehow or other beware of what they are talking when they keep on parroting USA version and stunts on the South China Sea issue less they be accused of complicity... 

SGX: Disk FT isit? Prime terrorist target?

SGX: Disk FT isit? Prime terrorist target?

No lah in my opinion to the first question. The FT president is trying to throw smoke in blaming a faulty disk. It’s more serious. SGX said that at 9.38am on the day of the trading halt, it detected input and output errors on a disk that runs the application to send out clearing messages to members. The application did not... 



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