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Capitaland shareholders finally bailed out by Taxpayers money.

SalahParking

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Song Bo?

They will split up the loss making development business and privatise. Using free money from MAS paying 0.01 pct interest rate.
 
Now you know why they need to raise the GST... to help the poor. :biggrin:

But they weren't exactly lying... they didn't specify who those 'poor' folks are. :wink:
 
Gomen should not be in the business of competing and destroying its tax paying businesses.
Gomen got easiest business in the world. Collecting taxes. Not enough, increase tax. Too much, reduce tax or increase pay.
 
Capitaland was going to default on their debt. So quickly carve out the liabilities and put in fresh money to support thru' privatise Temasek.

New listed entity to raise more money from dumb fucks like you. LOL

Tomolo, I am going to throw all my cheap Capital and shares.
 
Liew Mun Leong was the ex-CEO of CapitaLand Group and he received $20.5 million bonus. Now,CapitaLand insolvent and need a financial lifeline from a White Knight ? Temasek ? LOL... ROFL.... Yeah very swift in putting their hands in the candy jar .Their motto is : Grab as much as u can now ,no provision for future losses ??? With these type of business leaders,no eyes to see. But why should we use taxpayers' money to rescue these kleptocrats ???
 
Liew Mun Leong was the ex-CEO of CapitaLand Group and he received $20.5 million bonus. Now,CapitaLand insolvent and need a financial lifeline from a White Knight ? Temasek ? LOL... ROFL.... Yeah very swift in putting their hands in the candy jar .Their motto is : Grab as much as u can now ,no provision for future losses ??? With these type of business leaders,no eyes to see. But why should we use taxpayers' money to rescue these kleptocrats ???

As far as kleptocrats are concerned, it's their money. Not your money, not my money.

That's why they are called kleptocrats. :wink:
 
I am calling out Capitaland paper shuffling bluff. Better sell all your shares this week.
 
MAS & SGX need to scrutinise CapitaLand’s latest restructuring plan, protect retail investors from its troubled assets -

"This means the rich will become richer, and the poor will become poorer
because our regulators are all either asleep or incompetent in regulating our stock exchange."

https://www.theonlinecitizen.com/20...ct-retail-investors-from-its-troubled-assets/
By merely assuming that just because a counter is approved under CPFIS is safe has taught many retirees a painful lesson when the embattled Hyflux was placed under judicial management, despite being an approved CPFIS counter.

As the assets of CapitaLand are likely to remain troubled for the foreseeable future, worse should we experience another pandemic, CLIM, the portion of CapitaLand to remain listed could just be as toxic as Hyflux, if not worse.

After Hyflux, how many more retirees must be hurt before MAS, SGX, SIAS, and CPF Board will act to protect the hard-earned savings of our retirees when they gullibility invest in these toxic equities?
 
I think Capitaland is getting too big... it acquired Ascendas not too long ago.
 
11 years down..sing boh?

Screenshot_2021-05-05-18-47-13-102_com.android.chrome.jpg
 
C
Liew Mun Leong was the ex-CEO of CapitaLand Group and he received $20.5 million bonus. Now,CapitaLand insolvent and need a financial lifeline from a White Knight ? Temasek ? LOL... ROFL.... Yeah very swift in putting their hands in the candy jar .Their motto is : Grab as much as u can now ,no provision for future losses ??? With these type of business leaders,no eyes to see. But why should we use taxpayers' money to rescue these kleptocrats ???
Can ask Liew to return the past bonuses yo Capital Land?
 
C

Can ask Liew to return the past bonuses yo Capital Land?
The $20.5 million bonus for the year ended 20XX was approved and ratified by the Directors' Resolution at the AGM or Board of Directors Meeting.
 
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