Who said hong kong protests do not affect sinkie economy.

[syed putra]

Temasek first to bear the brunt of Hong Kong’s radical protests

• ECONOMY
• Tuesday, 19 Nov 2019
  1:18 PM MYT
  By South China Morning Post

image: https://apicms.thestar.com.my/uploads/images/2019/11/19/394177.jpg

Festival Walk in Kowloon Tong is vandalised with shattered glass throughout the mall. Photo: Xiaomei Chen, South China Morning Post
HONG KONG: When anti-government protesters rampaged through the Festival Walk in Kowloon on November 12, they smashed glass panels and some of the 200-odd stores in the sprawling mall. They also inadvertently dented one of Singapore’s biggest investments in the region.

Acquired by Temasek Holdings in 2011 for HK$18.8 billion, the retail and office property is now part of the assets in Mapletree North Asia Commercial Trust after a reorganisation in 2013. The real estate investment trust tumbled to a 10-month low in Singapore after the news.
The “extensive damage” reflects how the situation has taken a turn for the worst as violence escalates after more than five months of anti-government protests, deepening the slump in retail sales and crashing property values. It is also turning Hong Kong into an investment landmine for investors as the Kowloon district became the latest fiery battleground. - South China Morning Post

Read more at https://www.thestar.com.my/business...ng-kongs-radical-protests#cuCxrJKiF46UhHy4.99

 

[AhMeng]

Hysan Place also owned by ISinkie government companies i think. The Cuntonese siaoginna should ravage that mall too

Temasek first to bear the brunt of Hong Kong’s radical protests

• ECONOMY
• Tuesday, 19 Nov 2019
  1:18 PM MYT
  By South China Morning Post

image: https://apicms.thestar.com.my/uploads/images/2019/11/19/394177.jpg

Festival Walk in Kowloon Tong is vandalised with shattered glass throughout the mall. Photo: Xiaomei Chen, South China Morning Post
HONG KONG: When anti-government protesters rampaged through the Festival Walk in Kowloon on November 12, they smashed glass panels and some of the 200-odd stores in the sprawling mall. They also inadvertently dented one of Singapore’s biggest investments in the region.

Acquired by Temasek Holdings in 2011 for HK$18.8 billion, the retail and office property is now part of the assets in Mapletree North Asia Commercial Trust after a reorganisation in 2013. The real estate investment trust tumbled to a 10-month low in Singapore after the news.
The “extensive damage” reflects how the situation has taken a turn for the worst as violence escalates after more than five months of anti-government protests, deepening the slump in retail sales and crashing property values. It is also turning Hong Kong into an investment landmine for investors as the Kowloon district became the latest fiery battleground. - South China Morning Post

Read more at https://www.thestar.com.my/business...ng-kongs-radical-protests#cuCxrJKiF46UhHy4.99

 

[batman1]

Another few billions written off as loss in investments ?

 

[syed putra]

I suppose thats why they set up a malay kampung house at the concourse. To attest tgat singkie isa malay island with indian name.

 

[eatshitndie]

on a positive note, broken bits and shards of glass look like ice crystals, give a feel of christmas, and turn the mall into a winter wonderland. it’s chump change for tummysick. it has deep pockets and empress carries a dinosaur purse. many sinkies with their collective cpf savings can foot the bill.

 

[knowwhatyouwantinlife]

All sham reports, for those who visit changi airport or go to the the supermarket in the central regions, you can see quite a substantial increase in the number of tourists...meaning mor tourist spending