Broker speculating on another big TLC merger
Following Temasek’s recent $6 billion divestment of Ascendas/Singbridge to CapitaLand, CGS-CIMB sees benefits in streamlining the yards and conglomerate structures of Sembcorp (SCI), SembMaritime (SMM) and Keppel (KEP). “If the rig building industry does not recover in the next three years, we think the consolidation of...
Wayang from NTUC FairPrice?
Kee chui if you keep FairPrice or other grocery receipts? NTUC FairPrice has issued a recall for Golden Chef Sea Asparagus due to “discolouration” of the product. In an email to Channel NewsAsia, the supermarket chain said on Wednesday (Jan 30) that it initiated a product withdrawal of the 425g cans of Golden Chef Sea Asparagus...
Declining public service standards in Singapore
It was reported in the Chinese media that SingPost has apologised after getting caught trying to trick a man who paid $7,000 to distribute flyers. A massage parlour owner paid $7,000 to SingPost to print and distribute 65,000 flyers in Sengkang and Punggol. Instead of fulfilling their end of the commercial agreement, no flyers...
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