SG Talk

https://www.businesstimes.com.sg/compani...-keppel-om

http://www.votenoformerger.com/

So best option is still to merge. 

If don't merge all will be worse off.

No use objection we don't have enough %age share to vote against them...kpkb only ...

either way also die lah
its either merge or bankrupt

(11-06-2022, 12:50 AM)FartSunKing Wrote: [ -> ]After merger combined SCM entity will need to take extra $500M loan from DBS to pay KC

More debts means more interest payments

I read somewhere that the $500M will be paid from keppel O&M to KC. No loan from bank needed.

(11-06-2022, 08:15 AM)singaporean1964 Wrote: [ -> ]either way also die lah
its either merge or bankrupt

If merged, at least it provides jobs for thousands of people. 
Still it will add to economic activities. 

Bankrupt....zero employment and economic standstill. 

Certainly a more rational option.

Actually why bother to merge with SMM. It is better for Keppel to IPO KOM directly, then distribute KOM in specie to Keppel shareholders. Let SMM die by itself.

(11-06-2022, 10:07 AM)FartSunKing Wrote: [ -> ]Can be invited to limkopi for exposing the real reasons why Temasek wasted BILLIONS to keep SMM afloat and die die must merge

All here agree?

no agree
he disputed on the ground of investment  not leaking state secret

(11-06-2022, 09:53 AM)FartSunKing Wrote: [ -> ]Provide high pay jobs to former PAP candidates like Ivan Lim

And the juhukia FT SMM CEO and juhukia SMM Chairman

This Melayu chairman is the most hopeless guy. SMM thought they got a big fish when they got him as an ex Petronas guy. But he brings NOTHING to the table. Zero, nothing!! Except collect fat salary. Worse, nobody have the balls to remove him. He is the parasite that eats into the revival of SMM. Like all executive s from Malaysia Ta-Boleh, they are all NATO people. No need to come out with all kinds of strategy... just cut this parasite off.

(11-06-2022, 10:57 AM)LongXia Wrote: [ -> ]This Melayu chairman is the most hopeless guy. SMM thought they got a big fish when they got him as an ex Petronas guy. But he brings NOTHING to the table. Zero, nothing!! Except collect fat salary. Worse, nobody have the balls to remove him. He is the parasite that eats into the revival of SMM. Like all executive s from Malaysia Ta-Boleh, they are all NATO people. No need to come out with all kinds of strategy... just cut this parasite off.

Remove all the jhk from Singapore's management level and we should be in a better position to progress. 

Many of these people just sit pretty with crossed legs,doing very minimal and just look forward to month end for  their juicy and huge pay packets to be credited. 

Lucky bastards.