Ho Jinx selling Singapore assets to foreigners
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Todayonline, Friday 14 Mar 2008
China group gets Tuas Power for $3.9b
CHINA Huaneng Group has won the bidding for Singapore's Tuas Power (picture), having offered between US$2.8 billion ($3.9 billion) and US$3 billion to buy the utility firm owned by sovereign wealth fund Temasek Holdings, the Wall Street Journal's online edition cited people familiar with the situation as saying.
... and why? My guess is that it is because they have lost so much to foreigners, they need to raise cash that they profiteered from Singaporeans...
Merrill Lynch & Co., Inc. (MER)
The dishonorable despots force Singaporeans to put money in they CPF and pay interest rates less than the inflation rate... which is an automatic loss year after year and you can imagine how much you lose by the time you retire...
They then take the money and put into their own pockets, millions of public money...
...and in their nepotism, let a jinx lose Singaporeans money to foreigners...
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selling of utility assets is a national security issue. It puts us in the mercy of global powers..
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will electricity bills go down. that should be the question to guide our thinking. hey, oil price at world record and breaking its own record every now and then until....