Tan Kim Lian Not Happy With Who Huh?

[AhMeng]

 

[glockman]

Where at? Nusa Duta?

 

[AhMeng]

Where at? Nusa Duta?

Liddat also can ah? OMG ...

 

[AhMeng]

I think Hokkien Tan is referring to this...

https://www.theonlinecitizen.com/20...stanchart-temasek-puts-pressure-on-banks-ceo/

Losing £billions in paper losses in StanChart, Temasek puts pressure on bank’s CEO

Correspondent 2019-01-22 Current Affairs, Finance

The UK-based Financial Times published an article yesterday reporting that Temasek Holdings is stepping up pressure on Standard Chartered's CEO as losses continue to mount for Temasek in its investments in Standard Chartered ('Temasek steps up pressure over Standard Chartered turnaround', 21 Jan). It reported that Temasek, which is currently the largest shareholder of Standard Chartered at about 16%, has grown "frustrated" with Standard Chartered's chief executive Bill Winters’ turnaround plan.

Apparently, the plan is not working well and share price of Standard Chartered has plummeted considerably.

The bank’s share price has fallen almost 40 per cent since Winters took over in June 2015. It now hovers around £6 currently compared with a price of £15.24 when Temasek first bought in during 2006. That is to say, Temasek could be sitting on losses as high as 60%, losing £billions in paper losses.

 

[AhMeng]

Almost 8 to 9 BILLION POUNDS LOST... Sinkie CPF how? Lol

 

[sweetiepie]

I think Hokkien Tan is referring to this...

https://www.theonlinecitizen.com/20...stanchart-temasek-puts-pressure-on-banks-ceo/

Losing £billions in paper losses in StanChart, Temasek puts pressure on bank’s CEO

Correspondent 2019-01-22 Current Affairs, Finance

The UK-based Financial Times published an article yesterday reporting that Temasek Holdings is stepping up pressure on Standard Chartered's CEO as losses continue to mount for Temasek in its investments in Standard Chartered ('Temasek steps up pressure over Standard Chartered turnaround', 21 Jan). It reported that Temasek, which is currently the largest shareholder of Standard Chartered at about 16%, has grown "frustrated" with Standard Chartered's chief executive Bill Winters’ turnaround plan.

Apparently, the plan is not working well and share price of Standard Chartered has plummeted considerably.

The bank’s share price has fallen almost 40 per cent since Winters took over in June 2015. It now hovers around £6 currently compared with a price of £15.24 when Temasek first bought in during 2006. That is to say, Temasek could be sitting on losses as high as 60%, losing £billions in paper losses.

KNN scb got business don't do how to not collapse KNN

 

[AhMeng]

Need to have Committee of Inquiry convene by Parliament or not? Huge losses you know

 

[Cottonmouth]

Hoe Ching that laocheebye should be torn into 5 pieces.

 

[AhMeng]

No wonder the other day people say CPF monthly payout automatically change to 70 y.o. if you don't or forgot or never opt in to start at 65. Scary siah

 

[AhMeng]

Inderjit says...

 

[batman1]

ONLY another few billions of pounds in paper losses . HJ is the pride of PAP !

 

[rocket]

Sekali kin Lian is a forummer here.

 

[yinyang]

No wonder the other day people say CPF monthly payout automatically change to 70 y.o. if you don't or forgot or never opt in to start at 65. Scary siah

Inderjit's bang on. Why NOT conversely opt out (for 70)?

 

[sweetiepie]

Sekali kin Lian is a forummer here.

KNN if he is the originator of that low class message then very possible KNN

 

[winnipegjets]

If Temasek was publicly listed, how much would its share be worth?

Temasek has no credibility in dictating how Standard Chartered should operate when it is a failure through and through.

 

[mojito]

I think Hokkien Tan is referring to this...

https://www.theonlinecitizen.com/20...stanchart-temasek-puts-pressure-on-banks-ceo/

Losing £billions in paper losses in StanChart, Temasek puts pressure on bank’s CEO

Correspondent 2019-01-22 Current Affairs, Finance

The UK-based Financial Times published an article yesterday reporting that Temasek Holdings is stepping up pressure on Standard Chartered's CEO as losses continue to mount for Temasek in its investments in Standard Chartered ('Temasek steps up pressure over Standard Chartered turnaround', 21 Jan). It reported that Temasek, which is currently the largest shareholder of Standard Chartered at about 16%, has grown "frustrated" with Standard Chartered's chief executive Bill Winters’ turnaround plan.

Apparently, the plan is not working well and share price of Standard Chartered has plummeted considerably.

The bank’s share price has fallen almost 40 per cent since Winters took over in June 2015. It now hovers around £6 currently compared with a price of £15.24 when Temasek first bought in during 2006. That is to say, Temasek could be sitting on losses as high as 60%, losing £billions in paper losses.

Silly sinkies! It is a long term investment. You won't understand one lah.

 

[ThePimp]

Sekali kin Lian is a forummer here.

Even if he is not a member, he is a lurker.

 

[AhMeng]

Silly sinkies! It is a long term investment. You won't understand one lah.

Long term investment of losses... Lol
Elections cumming ah... 8 or 9 billion pounds of losses is no small change...

 

[borom]

you can see it coming, withdrawals age and amount will become higher and bigger and more difficult with more conditions to fulfil.
They keep on doing it because not only can they get away with it, they are rewarded with the highest salaries in the world.
More and more will be collecting cardboards for exercise.
Do good , do together!

 

[kezgtree]

No wonder the other day people say CPF monthly payout automatically change to 70 y.o. if you don't or forgot or never opt in to start at 65. Scary siah

...yes this is TRUE...just like our body organs...no submit to OPT OUT that means agree to be harvest by hos pee tal...knn