- Joined
- Jul 15, 2008
- Messages
- 15,744
- Points
- 83
http://newnation.sg/2013/02/takashimaya-is-a-greedy-pig/
the famous coca restaurant is being forced to close down for good.
the famous coca restaurant is being forced to close down for good.
http://newnation.sg/2013/02/takashimaya-is-a-greedy-pig/
the famous coca restaurant is being forced to close down for good.
Why is it unacceptable for Takashimaya to just make slightly less profits?”
-----------------------------------------------------------------------------------
COCOA would have no problem setting up another restaurant. No problem. Their brand is there, quality is there.
My only guess is that TAKASHIYMA is trying to vacate COCOA out so that newer theme restaurant can come in. That why they are raising the rental to such a high amount.
http://newnation.sg/2013/02/takashimaya-is-a-greedy-pig/
the famous coca restaurant is being forced to close down for good.
They got no choice or else if their Reits fail to deliver their payouts, the valuation will likewise suffer and everything will go downhill.
Its all about keeping up appearances .....
what worries me is the Suntec Reit.... business is ssooooooooo quiet there that I cant imagine how they gonna deliver any payout over the next 2 quarters man....
hopefully not kong huat chye would be acquitted or else the entire suntec would becum a holy land for city harvest and satan rules.
hopefully not kong huat chye would be acquitted or else the entire suntec would becum a holy land for city harvest and satan rules.
Coca restaurant, one of Singapore’s most famous steamboat eatery, has closed down on Feb. 17 after 17 years of operation at the fourth floor of Takashimaya Shopping Centre.
The reason for shutting down?
According to the restaurant, they are not renewing its lease as rental is being increased by over 50 percent.
This has caused a lot of unhappiness among food-crazy Singaporeans.
And angry enough for them to dwell on what is wrong with Singapore’s rentier capitalism.
One angry Singaporean, Nina Beh, said: “Takashimaya is a greedy pig. They have deprived the population of steamboat.”
Although no one is heading to Hong Lim Park over this matter just yet, things might be coming to a head.
Another socialist-minded local, Bu Gong Ping, said: “Closing down a restaurant will only bring hardship to the workers. What have they done to deserve this? Why is it unacceptable for Takashimaya to just make slightly less profits?”
-----------------------------------------------------------------------------------
This woman apparently dun like herself, called herself Nina Beh, lol
If Kong Hee gets convicted, Suntec will become a ghost town. Church attendance will drop and CHC will have to sell its stake in Suntec City.
Already there is no more Carrefour. There's not really a lot of reason to go to Suntec these days, unless you want to go for those clusterfuck tech product exhibitions.
One angry Singaporean, Nina Beh, said: ...
Another socialist-minded local, Bu Gong Ping, said: ...
-----------
This woman apparently dun like herself, called herself Nina Beh, lol
time to short the suntec reit...
![]()
Bro you got it wrong. You should buy suntec reit instead of short as the increased rental $$ will up their profitability.
you never know...remember how everyone thought ill of NBG's case when it started....????