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Everything is for sale in SG
- Thread starter laksaboy
- Start date
All going bankrupt
I believe Eu family does not want to sell but they are forced to sell by Temasek
Are the rich emigrating?
To fulfill some DEI or ESG nonsense I presume?
https://en.wikipedia.org/wiki/Diversity,_equity,_and_inclusion
https://en.wikipedia.org/wiki/Environmental,_social,_and_governance
THis is just another classic example how the global woke Mafias taking control of every brand name they can lay their hands on. Beside gaining financially from the revenue generated, every new acquisitions become a new channel to push thier DEI/ESG crap - from employees, suppliers to consumers. It's truly a plague to the world.
EYS will have a 10 pct stake on the new entity. Temasick is out completely. Ho Jinx needs the money to cover up more losses.
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