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Archive for the ‘Scoops’ Category
Temasek’s unrealized $1/2 billion loss hidden in Pakistani bank merger?

Temasek’s unrealized $1/2 billion loss hidden in Pakistani bank merger?

In 2005, Temasek took a 25% stake in March and increased this to 72% 3 months later. This was likely based on the assumption that it was smarter than all other investors. Taking such a huge stake means there was no plan B and Temasek stood to lose hundreds of millions if the bet went sour. It did. Temasek woke up to its mistake... 

AssMRT CEO: Massive disruptions the new normal, majority voted for system so don’t kpkb

AssMRT CEO: Massive disruptions the new normal, majority voted for system so don’t kpkb

Dustbin Quack CEO, AssMRT Dear commuters AssMRT has been putting up with unfair criticisms of our company for years. After every major disruption, social media would be on fire as if breakdowns were not to be expected. On 1 June when operations were disrupted for just a few hours, many immediately lambasted us on social media and... 

No massive CPF investment losses but GIC cannot be transparent?

No massive CPF investment losses but GIC cannot be transparent?

Hundreds/thousands of transactions annually but GIC has preferred to keep information which belongs in the public domain private. Any government which conceals such information from the people does it to prevent embarrassment. Fact: Over more than 3 decades, GIC’s realized and unrealized losses amount to tens of billions... 



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