Temasek <<Shin Corp>> Temasek
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Have not been following this saga.
What's latest development? -
Sad to say I think Temasek was partly responsible for the coup. Had the sale not been made....
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Thai current PM assured our PM that the incident will not affect the bilateral friendship. Also recognised (at least publicly) that Temasek's move is purely a business one.Originally posted by rojak12:Have not been following this saga.
What's latest development? -
the thai govt is alleging that we are spying on them through the telcos.
sibei jialat. -
messy like rojak.
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I don't understand the rationale of buy over or take full control of another country's national assets.
If we reverse the senario...... another country were come into singapore like what tomasick had done. Will singapore govt allow that to happen?
On the other hand...tomasick is a ''well manage'' and so called a state own business and overseeing by our highly prestine govt, such crucial matter. Didn't sg govt was being informed or should our govt check and ensure that matters are to be carried out professionally ...opps I meant reasonably (they are all professionals
) as well as politically sound?
Before taking over of shincorp...haven't the COE of tomasick discuss the matter with Our prime minister and minister of finance or her husband who is sharing the same bed?
Very funny....isn't it? -
well... I've repeated many times... Nobody would expect the Man-in-charge to be outta power overnite... If singtel were to be sold to other country by LHY... at most u expect singaporeans to make noise only... U wun expect the L family to be overthrownOriginally posted by Lowclassman:Didn't sg govt was being informed or should our govt check and ensure that matters are to be carried professionally as well as politically sound? -
This will not happened in a truely democratic Thailand, Taiwan, Australia, UK, USA or Hong Kong and many other true democratic countries!!!Originally posted by sunny6110:well... I've repeated many times... Nobody would expect the Man-in-charge to be outta power overnite... If singtel were to be sold to other country by LHY... at most u expect singaporeans to make noise only... U wun expect the L family to be overthrown -
anyway... this is not the 1st incident... SIA met one yrs ago...
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Anyone with common sense....would want to understand the terms, conditions and regulations of buy another country's assets.Originally posted by Lowclassman:Taksink had been over confident with popularity and illuded with power in hand.
Before the takeover of sh it corp by tomasick...I already said tomasick will get into trouble with so many investments in other countries which I mentioned sometime in last year. Too aggressive or rather should I say it they were too greedy.
This will not happen in a truely democratic Thailand, Taiwan, Australia, UK, USA or Hong Kong and many other true democratic country!!!
MORALLY>>>>IT IS NOT RIGHT!!! by creating many "local companies'' with major holding in shares and taking over another country's asset. So...what does it tell you from here....? What kind of personality does the elites have in tomasick holding?
Maybe I'm wrong in term of Business.... MORAL the word may not be existing in Business . -
hehe...Im doing a project on shin corp and temasek... bascially on how temasek screw up la...so if u guys have any source on tt can update me? thx alot!!
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I'd say that it was a very well orchestrated deal on the part of Temasek, given the unique plitical climate of Thailand.
However, I do not think a deal with such trimmings will have been pulled through "successfully" in any other country...
Need not say more.. in every way, they (Temasek flagship PAP) will NEVER admit to anything negative.
It's very predictable, and not worth harpping about... like in most everything concerning them and whatever they do or implement, we can do no more than abstain from voting them next round.
Unless, of course, some of yous get taken in by their usual carrot-on-a-stick ploy...
good luck to all... -
I think Thai set a law that foreign company can only own 50% of important thai company shares. Tamasek is surely going to make a lost when she sell her shares.
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Name me...anywhere else in this world A COUNTRY had never set rules and regulations for foreign companies in acquisitions of its shares of their national companies?Originally posted by NewAge:I think Thai set a law that foreign company can only own 50% of important thai company shares. Tamasek is surely going to make a lost when she sell her shares.
Some smart alec might want to get in the loop holes...So, this will be the consequences. -
We're spying on australia as well, via optus.Originally posted by dragg:the thai govt is alleging that we are spying on them through the telcos.
sibei jialat. -
costa rica.Originally posted by Lowclassman:Name me...anywhere else in this world A COUNTRY had never set rules and regulations for foreign companies in acquisitions of its shares of their national companies?
Some smart alec might want to get in the loop holes...So, this will be the consequences. -
Before the takeover of sh it corp by tomasick...I already said tomasick will get into trouble with so many investments in other countries which I had mentioned sometime last year. Too aggressive or rather should I say it they were too greedy. -
temasick -> tomasick -> toomuchsick-> tomasakOriginally posted by Lowclassman:Before the takeover of sh it corp by tomasick...I already said tomasick will get into trouble with so many investments in other countries which I had mentioned sometime last year. Too aggressive or rather should I say it they were too greedy.
At the stage it is evolving. Oh wow
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i am constantly amazed that the sg govt does not expect how others would react when they would react in the same manner.....a us based hedged fund once had more than 5% stake in dbs, guess what, the mas insisted that they reduce the stake....the govt has its hands in almost ever facet of the economy which is not good, it dulls local enterprise competitiveness....you can beat the chest and shout that temasek is not influenced by the govt but when others see the pm's wife is running the show, how else do you expect others to perceive it as but a mere tool of the govt...
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That's why.. I wonder who LHL is trying to bluff when he claims that gov is not involved in its investment decisions?Originally posted by countdracula:i am constantly amazed that the sg govt does not expect how others would react when they would react in the same manner.....a us based hedged fund once had more than 5% stake in dbs, guess what, the mas insisted that they reduce the stake....the govt has its hands in almost ever facet of the economy which is not good, it dulls local enterprise competitiveness....you can beat the chest and shout that temasek is not influenced by the govt but when others see the pm's wife is running the show, how else do you expect others to perceive it as but a mere tool of the govt...
..simply amazes me how they can deny obvious facts... -
Originally posted by Lowclassman:
Think for urself... we r such a small country wif no natural resources... Of all the pillars... we can only go strong on our financial pillar... this is the only area we can be aggressive
MORALLY>>>>IT IS NOT RIGHT!!! by creating many "local companies'' with major holding in shares and taking over another country's asset. So...what does it tell you from here....? What kind of personality does the elites have in tomasick holding?
gov is the only abled(resources) body to be able to do it... but many doors wun open if they do it directly... Still, all is to the well-being of Singaporeans
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I m really hoping that SG has the well being of Sillyporeans at heart unlike Ah Bian in TW!!!!Originally posted by sunny6110:Think for urself... we r such a small country wif no natural resources... Of all the pillars... we can only go strong on our financial pillar... this is the only area we can be aggressive
gov is the only abled(resources) body to be able to do it... but many doors wun open if they do it directly... Still, all is to the well-being of Singaporeans
May God bless us!!!! -
if i dont remember wrongly. tamasick employ some former general who is close to the kingdom to help push through the deal. unfortunately, it backfire badly.
frankly i do hope temasek lose the billions and learn impt. lesson on do business purely on financial platform. but also show political sensitivity to our neighbouring country. on the otherhand, this could affect our govt giving out bonus shares to us in this year FY07. -
Maybe one day it will evolve into another country.Originally posted by fymk:temasick -> tomasick -> toomuchsick-> tomasak
At the stage it is evolving. Oh wow
Just maybe. -
Originally posted by reyes:
This thing I would say....serve them right!!!
if i dont remember wrongly. [b]tamasick employ some former general who is close to the kingdom to help push through the deal. unfortunately, it backfire badly.
frankly i do hope temasek lose the billions and learn impt. lesson on do business purely on financial platform. but also show political sensitivity to our neighbouring country. on the otherhand, this could affect our govt giving out bonus shares to us in this year FY07.
[/b]