An half a billion lost from Sinkapore Inc

[syed putra]

After being held for ransom by Branson for more than a decade, why the hell did they do this?

http://www.bloomberg.com/news/2012-...of-virgin-australia-amid-airline-shakeup.html

Is it because some SIA top guns can be directors in Australia and fly frequently to attend board meetings cum holiday?

 

[Narong Wongwan]

Branson, Thaksin.......all savvy tycoons take Sinkie Inc for an expensive ride.....
The only daft tycoon Sinkie Inc can con is probably Prince Jefri.........but that ship ran aground liao.

 

[halsey02]

1/2 billion USD loss here,1/2 billion USD loss there,don't know how many billions USD lost by the buy-high and sell-low expert Ho Ching since Micropolis ?
No wonder our CPF money was isa-ed by PAP,our CPF money was imprisoned for life without returning to the rightful CPF members.Our CPF money can be written off as loss due to misappropriation.

Yes, they come out with stories in the shit media, that we can't look after our own money, they help us by HOLDING it back...sound like?? ALI BABA & THE 80 something "thieves"...

 

[Prometheus888]

Surely the permission of PM must be sought in order to sell away National assets at a loss?

I am sure his wife already whispered about this to him the night before liao

 

[wendychan]

this piece of news is quickly being forgotten with the timely announcement of the Palmer affair...

 

[Prometheus888]

this piece of news is quickly being forgotten with the timely announcement of the Palmer affair...

It is SIA - a public listed company... not anything that is owned by Sinkies... let's get the facts right....

its only a national asset when they say so and a privately held public listed company when they choose to say so as well ... in this case it is the latter......

 

[wendychan]

56 per cent owned by Temasek Holding??

 

[HotCrossBun]

US Dollar in 1999 was 1.73 Sing.

Actual loss is S$1.23b.

OMG... no wonder they kept holding back my CPF!!

 

[HotCrossBun]

Can somebody change the thread title to "S$1.23b loss from Singapore Inc"

Gosh, those fella ought to get sack long ago.