Outoging Temasek chief Ho Ching received this year’s top labour award for her support of the work of unions and for safeguarding workers’ interests here. (read report here)
Madam Ho Ching has indeed done alot for the workers except that their nationality is not Singaporean.
As we all know, Temasek Holdings bought a 12% share in Australia childcare group, ABC learning in 2007 for $A401.5 million dollars or S$421.8 million dollars ($1AUD = $1.05Sing) at 6 cents above the market price. (Source: Sydney Morning Herald):
There were no updates from Temasek about its investment in ABC Learning subsequently except for a scathing critique on its investment decision on Asia Sentinel:
“Temasek looks likely to have lost its entire S$400m (US$270m) investment in ABC Learning Centres, the recently-collapsed Australian childcare provider…..
Read rest of article here:
http://wayangparty.com/?p=8552
Madam Ho Ching has indeed done alot for the workers except that their nationality is not Singaporean.
As we all know, Temasek Holdings bought a 12% share in Australia childcare group, ABC learning in 2007 for $A401.5 million dollars or S$421.8 million dollars ($1AUD = $1.05Sing) at 6 cents above the market price. (Source: Sydney Morning Herald):
There were no updates from Temasek about its investment in ABC Learning subsequently except for a scathing critique on its investment decision on Asia Sentinel:
“Temasek looks likely to have lost its entire S$400m (US$270m) investment in ABC Learning Centres, the recently-collapsed Australian childcare provider…..
Read rest of article here:
http://wayangparty.com/?p=8552
