OMG: another reckless investment by Temasick ?
#11
17-5-2020 2:40 PM
SGSeniorCitizen1952 said:
[Image: 884998.jpeg]

Singapore-based state-owned investment company Temasek is eyeing a stake in beleaguered UK-based carrier Virgin Atlantic, the media reported.

https://internationalfinance.com/singapo...-atlantic/

Virgin Atlantic is going bust.

SIA (51% owned by Temasick) bought 20% of Virgin Atlantic for 600 million pound in 2000 and sold off in 2012 for 224 million pound. LOST S$1.2 BILLION.


What is Temasick thinking ? Looks like recklessness in extreme.



please lah == all these investments are the same lah Cool


that's why i said, even with all the CPF deferment of payment + insurance + high HDB prices = those people in their 201 or even 30s will never see their CPF money Laughing
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#12
17-5-2020 4:15 PM
gemstar said:
When money does not belongs to one person, they will squander and plunder like nobody business without hesitation, heart-pain or regret.

Haha, this ass."hole zinc" whole life never change n learn from past mistakes, cos ah kong money anyhow throw no sweat, who dare to touch me..


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#13
17-5-2020 5:19 PM
Oldman said:
Haha, this ass."hole zinc" whole life never change n learn from past mistakes, cos ah kong money anyhow throw no sweat, who dare to touch me..



This "hole-zinc" wil be pulled to answer charges, shd one day be their downfall. By then, maybe, this auntie already fly-by-nite which we never know.
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#14
better get ur cpf out ASAP when u are eligible to take out
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#15
I think Virgin Air still virgin; not being brought to yet , that is why expensive loh.
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#16
Gentleman , another huge losses from GIC. You heard of Luckin Coffee, invested 42 billions now left 2 billions, credit must go to Hole Zinc,

https://www.onlinecitizenasia.com/2020/0...ion-fraud/
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#17
17-5-2020 2:40 PM
SGSeniorCitizen1952 said:
[Image: 884998.jpeg]

Singapore-based state-owned investment company Temasek is eyeing a stake in beleaguered UK-based carrier Virgin Atlantic, the media reported.

https://internationalfinance.com/singapo...-atlantic/

Virgin Atlantic is going bust.

SIA (51% owned by Temasick) bought 20% of Virgin Atlantic for 600 million pound in 2000 and sold off in 2012 for 224 million pound. LOST S$1.2 BILLION.


What is Temasick thinking ? Looks like recklessness in extreme.



above investment was reported in Straits Times == they said they made a PROFIT of 200+ million Rolling on the flor laughing Rolling on the flor laughing


that's the most scary part of the whole deal == lost big big and still say made money Angry Angry
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#18
23-5-2020 8:53 PM
NaPoLeon PorLumPar said:
above investment was reported in Straits Times == they said they made a PROFIT of 200+ million Rolling on the flor laughing Rolling on the flor laughing


that's the most scary part of the whole deal == lost big big and still say made money Angry Angry

Some internal auditors needs to go thru' Temasek Holdings account, to give us a true picture on the health of this company........................ Crying Crying Thinking Thinking
[+] 1 user Likes debono's post
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#19
Aiyo, this ah kong money loss in overseas investment been on going for decade, even an ocean of money will also be sucked dry in no time.
I now very worry my cpf coffin money whether can last until my life time?

Hear what other people advice.
https://www.facebook.com/1048331169/post...705186472/
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#20
17-5-2020 4:50 PM
debono said:
I think HC's salary is more than $50K per month, that is why her remuneration is kept as top secret..... Crying Crying Thinking

$50k only meh? Laughing
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