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(12-11-2022, 07:57 PM)debono Wrote: It's losses are in the hundreds of millions, how can this be treated as a very tiny hole...... 
Compare to their other long term investment in AT land, this ish really a very tiny hole.
Leemember saw before in a documentary some years back about hao capitalland had invested a lot more into AT properties\land and malls.But don't leecall if there ish got reports of the actual amount loss, only leemember like mentioned they are still 'positive' with their AT land investment nia. And this ish just one capitalland, have not count yet their other subsidiaries investment in other AT sectors like banking, stocks, manufacturing and tech. Won't that make you worry more how much of their long term investment had shrunk by nao as compare to this hundreds of millions loss in FTX shares.
There was a time when the country asked ordinary men to do extraordinary things.
But now, they'll only do it for money.
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Honestly, so what if Temasek lose or make money from their investment or trades.
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(12-11-2022, 08:50 PM)toothpick Wrote: Honestly, so what if Temasek lose or make money from their investment or trades.
Firstly, Temasek is not an ordinary establishment - Temasek is appointed by Singapore Govt as one of two funds managers to manage a portion of reserves.
Obviously, by participating billion of $$$ 3X in FTX outside funds raising, raise eyebrows, exposed Temasek management weakness and clearly, lacking analytical and research skills.
Where's credit analysis and risk management control?
Why was Temasek so desperate getting into such risky business ?
(This post was last modified: 13-11-2022, 12:53 AM by
Scythian.)
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Guess GST wont be 8% liow …. straight to 9% ….. thank you
KTV妹妹说，香港人无义，台湾人无情，新加坂人无智
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"FTX possibly hacked, $895m drained from customer wallets"
Latest news
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(13-11-2022, 12:42 AM)Scythian Wrote: Firstly, Temasek is not an ordinary establishment - Temasek is appointed by Singapore Govt as one of two funds managers to manage a portion of reserves.
Obviously, by participating billion of $$$ 3X in FTX outside funds raising, raise eyebrows, exposed Temasek management weakness and clearly, lacking analytical and research skills.
Where's credit analysis and risk management control?
Why was Temasek so desperate getting into such risky business ?
Do we citizens get profit sharing when they make money from their successful ventures?
(This post was last modified: 13-11-2022, 10:08 AM by
toothpick.)
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(13-11-2022, 10:08 AM)toothpick Wrote: Do we citizens get profit sharing when they make money from their successful ventures?
Whatever the outcome, they collect salary and bonus
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(13-11-2022, 10:08 AM)toothpick Wrote: Do we citizens get profit sharing when they make money from their successful ventures?
will get $0
but when they gambled big win big
many more bonuses for temasick mgt
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(13-11-2022, 02:54 PM)talky Wrote: will get $0
but when they gambled big win big
many more bonuses for temasick mgt
They must be punished
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write off lor
I am just a tiny plankton in the ocean.
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(13-11-2022, 04:40 PM)Rainforest Wrote: write off lor
To soften the blow, slowly Write off yearly for next 15 years.
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