S. Iswaran MP- 48 Directorships!

[makapaaa]

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Coffeeshop Chit Chat - S. Iswaran MP- 48 Directorships!</TD><TD id=msgunetc noWrap align=right></TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"></TD><TD><TABLE border=0 cellSpacing=0 cellPadding=0><TBODY><TR class=msghead vAlign=top><TD class=msgF width="1%" noWrap align=right>From: </TD><TD class=msgFname width="68%" noWrap>egusick <NOBR></NOBR></TD><TD class=msgDate width="30%" noWrap align=right>May-30 11:15 pm </TD></TR><TR class=msghead><TD class=msgT height=20 width="1%" noWrap align=right>To: </TD><TD class=msgTname width="68%" noWrap>ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right>(1 of 17) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft rowSpan=4 width="1%"></TD><TD class=wintiny noWrap align=right>51909.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD id=msgtxt_1 class=msgtxt>ISWARAN HOLDS 48 DIRECTORSHIPS!!
http://paptheweakestlink.blogspot.com/2011/04/weakest-link-west-coast-grc.html#more
Iswaran, who just got promoted is holding 48 directorships!! Wah lau!.
found it in the link shown above. He is also Director in some of Ong Beng Seng companies eg 98 Holdings Pte Ltd. No wonder both so good pals! NO conflict of interest? I wonder , wonder, wonder...
S Iswaran
Iswaran was born in Madras, India. He started his career in the civil service and went on to become a Managing Director at Temasek Holdings. Even while he served as Deputy Speaker of Parliament from 2004 to 2006, Iswaran retained his appointment at Temasek and was director of a large number of its investment vehicles and investee companies. Iswaran was responsible for Temasek’s private equity investments, in particular the healthcare, pharmaceutical, biotechnology, and technology sectors.
Board Directorships
Non-Executive Director, Sunningdale Precision Industries Ltd
Non-Executive Director, Hyflux Ltd
Director, Sunningdale Tech Ltd.
Director, SembCorp Industries Ltd
Director, SciGen Ltd
Director, FHTK Holdings Ltd
Director, Daimler-Benz Vietnam lnvestments Singapore Pte Ltd
Director, China Everbright Industrial Investment Fund Pte Lid
Director, China Everbright Industrial lnvestment Management Pte Ltd
Director, PLE Investments Pte Ltd
Director, Fibers Technology Corporation Pte Ltd
Director, Singapore Africa Investment Management Pte Ltd
Director, 98 Holdings Pte Ltd
Director, Southern Africa Investments Pte Ltd
Director, MerLion Pharmaceuticals Pte Ltd
Director, Cradance Services Pte Ltd
Director, Biotech Research Ventures Pte Lid
Director, Asia Pacific Pharmaceutical Holdings Pte Ltd
Director, Century Private Equity Holdings (S) Pte Ltd
Director, V-Sciences Investments Pte Ltd
Chairman, Temasek Life Sciences Ventures Pte Ltd
Director, Coleman Fund Management Pte Ltd
Director, Tazwell Pte Ltd
Director, Temasek Life Sciences
Director, Temasek Life Sciences Pte Ltd
Director, MacRitchie Investments Pte Ltd
Director, Cassia Fund Management Pte Ltd
Director, Anderton Investments Pte Ltd
Director, TLS Alpha Pte Ltd
Director, TLS Beta Pte Ltd
Director, Dover Investments Pte Ltd
Director, Temasek Life Sciences Laboratory Ltd
Director, Securities 2000 Inc (Philippines)
Director, PT Asean Aceh Fertilizer (Indonesia)
Director, Mercedes-Benz Vietnam Limited (Vietnam)
Director, Asean Bintulu Fertilizer Sdn Bhd (Malaysia)
Director, Temasek Holdings Advisors India Private Limited (India)
Director, Matrix Laboratories Limited (India)
Director, Hendrix Feed (Xiangtan) Co Ltd (China)
Director, Quintiles Transnational Corp. (USA)
Director, Orqis Medical Corporation (USA)
Director, Lotus 2000 Limited (South Africa)
Director, Prosper Development Ltd (British Virgin Islands)
Director, Compass Technology Holdings Limited (Cayman Islands)
Director, N.A.I. Ltd. (Mauritius)
Director, Maxwell (Mauritius) Pte Ltd (Mauritius)
Director, Fircroft Investments Limited (Mauritius)
Director, Biosensor International Pte Ltd (Bermuda)
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[makapaaa]

Legalized Corruption. Period.

 

[scroobal]

In his case, the stakes are held on behalf of Temasek where he comes from. Eveytime, Temasek buys equity in a company or holding company, they get a seat on the board. Now that he is a full minister, he will have to relinquish it.

 

[borom]

Business Times - 08 Jun 2011
.......By ROGER MONTGOMERY
.......Even a company with high earnings growth will produce substantial losses for its investors, if return on equity is declining. An Australian childcare company that had global growth aspirations, called ABC Learning Centres, was just such a business. Years before its collapse, the company had been simultaneously reporting rising earnings but returns on equity that were declining precipitously. Between 2001 and 2007, ABC Learning reported earnings that grew from virtually nothing to almost US$150 million. Return on equity over the same period, however, had fallen from over 30 per cent per annum to less than 8 per cent.

The company's declining return on equity reveals that growth in earnings was achieved only because shareholders kept shovelling more money into it. You can do the same, if you tip more money into a regular bank account. There is nothing special about that.

By 2006, the returns the business reported, on the nearly US$2 billion that shareholders had stumped up to help the company grow, were just 5 per cent. This was even less than the returns available from a bank deposit at the time. And bank accounts have a lot less risk......

Ultimately, these low returns will be reflected in low returns to shareholders, and the collapse of ABC Learning provided the lowest possible return................

http://www.businesstimes.com.sg/sub/storyprintfriendly/0,4582,442343,00.html?

Just wondering if people from Madras or System Engineers do not understand ROE.
If they cannot even outperform anyone who deposit in a bank, why are we paying them multi million dollars in salaries.

 

[wrcboi]

Just wondering if people from Madras or System Engineers do not understand ROE.
If they cannot even outperform anyone who deposit in a bank, why are we paying them multi million dollars in salaries.

Sinkies dont care if u screw up for last 10-20 years or lost 100billion and etc...

sinkies as long as u tell them u are from a top college, have top grades or a scholar from top college with good credentials or tailor made one...they are very happpy liao.....