
Temasek’s return on Snap investment unknown
There have been speculations on Temasek making a profit/loss on Snap, with many quoting figures from an FT report. The fact is, this cannot be confirmed for obvious reasons. The quoted figures are : – 300,000 shares held by Temasek – “valued at US$6.76 million”. Firstly, Temasek only disclosed it had sold 300,000 Snap...

More on Hali’s judgement between 2007 -2011/ Meritocracy? What meritocracy?
Mdm Halimah Yacob Further to this about Hali’s judgment as SMRT non-executive director in not being aware of MRT problems that ordinary S’poreans were aware of, there’s more about her judgement (or rather lack of it) during her spell as SMRT director and a senior NTUC leader. She really showed bad judgement because it...

CPF investment risks have multiplied, better for PAP to return our CPF
A few years ago, CPF fund manager, GIC, had already acknowledged global asset prices were overinflated. Yet, the government has been channeling additional billions in CPF into GIC. GIC expected market downturn years ago GIC had actually been anticipating a market downturn after 2013, as evident by its shifting away from risk:...
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