Temasek makes money on Snap
CEO Ho Ching Something alternative media will not tell u about. To be fair neither will the subversives working in ST. FT reported that filings showed Temasek sold Snap 300,000 shares valued at US$6.76m. This works out to US$22.33 a share. Snap sold shares at its initial public offering in March at $17 apiece and at that price...
PM, this is real economic growth
On a year on year measure, GDP rose 3.8 per cent – above a 3.3 per cent forecast – and a moderation from the 4.3 per cent year on year registered at the start of the year. The first quarter expansion was Hong Kong’s best since 2011. FT Now our constructive, nation-building media reports that for S’pore the year-on-year...
Is GIC concealing massive CPF investment losses?
CPF fund manager, GIC, appears to have mismanaged our CPF monies. Information from reputabIe sources of information strongly suggests past reserves have not been invested but converted into land assets. These assets may take many years before yielding any return. Since Tony Tan became President, there was not a squeak from him...
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