2 young lives lost

[ColaJack]

Originally Posted by skyleon

Saddam & qaddafi desposed by external forces . You should look at Indonesia ; Phillipines and Taiwan . Sadly the opposition does not have the quality to form the government yet .

Don't try you'll never know.
If we are to continue with this greedy government, the worse is yet to come

[skyleon]

Originally Posted by sadfa

Who say opposition cannot form government?
That's a self serving circular lie perpetuated by garbagement.
Cos opposition supposedly cannot form government, you have to vote in garbagement everytime.

This also means opposition will forever never be voted in becos they'll forever never have the experience. Or you think opposition can b interns for ministers n learn from them?

N what is quality? Garbagement say their ministers have quality, oppo are all small timers, who aren't good enough.
You naive n believe?
Kfc will of course say their fried chicken the best la!! N all others no good. Haha!

This is as rubbish as last time garbagement say all opposition are crooks n will steal yr cpf n give away reserves. Fuck the cb garbagement!! Reserves don't belong to garbagement ok.

Funny you talk bout Taiwan. They were even more tightly controlled than spore. But the Taiwanese voted in their opposition who got no experience n when they're unhappy with kmt, they'll vote in the opposition again n again.

if Kmt say opposition don't have our experience etc & the country will b ruined, Taiwanese say fcuk you, they see thru shallow lies n vote out kmt. Learn something la.

Never b indebted to fcuked up dictators who will aways say they're the best n scare stupid cowardly ppl. Haha right. Big surprise there

So you think that the opposition got the quality to form the next government ? The reason I mention these 3 countries including Taiwan ( Though officially not a country ) is that the power of the people provide the catalyst for change . Sadly I don't see that happening in Singkieland .

[skyleon]

Originally Posted by ColaJack

Don't try you'll never know.
If we are to continue with this greedy government, the worse is yet to come

The worse may be here already .

[skyleon]

Temasek makes $1.18b buyout offer for SMRT


Published 8 hours ago


Investment company offering $1.68 a share, a premium over last closing price of $1.545


Chia Yan Min

Economics Correspondent

Marissa Lee


Temasek Holdings is buying out troubled transport firm SMRT, which has seen multiple breakdowns on its lines in the past few years.

Temasek said yesterday it is offering $1.68 a share - a premium over the firm's last closing price of $1.545 - in a deal that will cost the investment company $1.18 billion.

A successful buyout will see SMRT delisted from the Singapore Exchange (SGX), 16 years after it went public.

The deal has been structured as a scheme of arrangement. This means a majority of the shareholders who hold at least 75 per cent of shares must approve the deal or the offer will fall through. This will take place at a meeting likely to be convened some time in October, and Temasek cannot vote.

Temasek said it will not revise its offer price. It will have to wait a year to try again if the offer fails.

The buyout announcement yesterday comes on the heels of the announcement of a new rail financing framework (NRFF) last Friday. This will involve SMRT disposing of its rail assets to the Land Transport Authority (LTA) for close to $1 billion. In return, SMRT will pay a licence fee to the LTA for the rights to operate the lines with effect from Oct 1.

Outcome of privatisation in shareholders' hands

While this frees SMRT from heavy capital expenditure, SMRT

Temasek said last night that neither SMRT's management team nor its workforce would be affected by the change in control.

Related Story

Temasek's $1.18b buyout offer for SMRT: Analysts welcome offer

said the new framework poses challenges.

SMRT chief executive Desmond Kuek said last night that

For Temasek's bid to succeed, a majority of shareholders present at a meeting have to vote for it.

Related Story

SMRT's privatisation: 9 things to know about the deal

significant business risks remain and "many factors are outside the control of SMRT", such as uncertainty over future fare increases and ridership numbers. He said: "The key difference between being publicly listed and privatised is the ability to think long term."

SMRT chairman Koh Yong Guan agreed: "Taking the company private will allow SMRT to better fulfil its role as a public transport operator without the pressure of short-term market expectations."


continue reading here : http://www.straitstimes.com/singapor...offer-for-smrt

[skyleon]

SMRT shares jump when trading reopens; OCBC, RHB Sec recommend investors accept Temasek's buyout offer
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Published 4 hours ago

Ann Williams


SINGAPORE - Shares of SMRT Corp jumped on Thursday morning (July 21) when trading in the counter resumed after the announcement of Temasek Holding's buyout offer for the rail operator at S$1.68 per share.

At about 9.15am, SMRT shares were trading at S$1.655, up 11 cents or 7.12 per cent from its close on Friday of S$1.545. Volume was heavy with some 4.57 million shares traded, making SMRT among the most active counters.

Temasek's offer of S$1.68 per share is at an 8.7 per cent premium over SMRT's last traded price on Friday when a trading halt was called.


continue reading here : http://www.straitstimes.com/business...-trading-opens

[skyleon]

Commuters may need to wait to experience the benefits of SMRT privatisation: Analysts


By Monica Kotwani
Posted 22 Jul 2016 17:06


SINGAPORE: Commuters hoping to benefit from the potential privatisation of SMRT may be disappointed in the short-term, with analysts predicting little or no immediate impact in areas such as train reliability and frequency.

That’s because these areas are being addressed by the Government’s changes to the rail financing network, where the Land Transport Authority will take over the repair and upgrading of assets, and free up train operators to focus on service reliability.

However, in the long run commuters may see some benefits from the privatisation of SMRT, as this would would allow the company to concentrate on its core tasks - which are delivering reliable and efficient public transport services, rather than having to keep an eye on investors' priorities.

The operator’s main shareholder, Temasek Holdings, announced its S$1.18 billion buyout offer on Wednesday (Jul 20), a move that would see SMRT delisted from the Singapore Exchange.


continue reading here : http://www.channelnewsasia.com/news/...o/2975090.html

[Zapzaplah]

Originally Posted by skyleon

Commuters may need to wait to experience the benefits of SMRT privatisation: Analysts

continue reading here : http://www.channelnewsasia.com/news/...o/2975090.html

Thanks for the news, clone king kuasimi


HERE and HERE !!!

[Zapzaplah]

Originally Posted by skyleon

So you think that the opposition got the quality to form the next government ? The reason I mention these 3 countries including Taiwan ( Though officially not a country ) is that the power of the people provide the catalyst for change . Sadly I don't see that happening in Singkieland .

Hey clone king kuasimi, pls don't destroy my country and brain wash my fellow countrymen !!!


We Singaporean have had enough of your nonsense already !!!

[SiaSuay]

Originally Posted by Zapzaplah

Hey clone king kuasimi, pls don't destroy my country and brain wash my fellow countrymen !!!


We Singaporean have had enough of your nonsense already !!!

Your country meh ??? Thank you for providing us with entertainment .

[skyleon]

No increase in SMRT offer price, says Temasek unit

Wong Wei HanThe Straits TimesSaturday, Jul 23, 2016


Temasek Holdings' unit Belford Investments has said it does not intend to raise its offer price of $1.68 a share to buy out and delist SMRT.

SMRT will be seeking regulatory approval to hold a meeting with shareholders, possibly by early October.

The takeover, launched by Belford, is structured as a scheme of arrangement where minority shareholders gather in a meeting to vote to accept or reject the offer.

For the scheme to succeed, the offerer needs to get a "yes" vote from the majority of shareholders at the meeting. Their shares must also combine to at least 75 per cent in value of the shares voted.

The Straits Times understands a price revision is practically impossible for a scheme of arrangement.

"This is because every scheme offer is a very concrete set of offer documents presented to the shareholders, and it needs to be approved by the Singapore Exchange and the Securities Industry Council. This is not like a general offer, where an offerer reserves the right to revise the terms," said Gibson Dunn partner Robson Lee.


- See more at: http://business.asiaone.com/news/no-....ZXAhtqtG.dpuf

[Olympus818]

Originally Posted by Zapzaplah

Hey clone king kuasimi, pls don't destroy my country and brain wash my fellow countrymen !!!


We Singaporean have had enough of your nonsense already !!!

The country is already destroyed by the men in white, are you still dreaming?

We should try to prevent them for destroying it further

[sadfa]

Originally Posted by Olympus818

The country is already destroyed by the men in white, are you still dreaming?

We should try to prevent them for destroying it further

I said before liao.

These pieces of shit should b voted out long ago.
Now its too late.
Even if they're voted out now, the opposition won't do well n get voted out next time

This garbagement is like a fcuking disease. You must Chop out yr arm or leg to get rid of the disease.
_____________
Is it too late to exchange points?

[sadfa]

Originally Posted by skyleon

Commuters may need to wait to experience the benefits of SMRT privatisation: Analysts


By Monica Kotwani
Posted 22 Jul 2016 17:06


SINGAPORE: Commuters hoping to benefit from the potential privatisation of SMRT may be disappointed in the short-term, with analysts predicting little or no immediate impact in areas such as train reliability and frequency.

That’s because these areas are being addressed by the Government’s changes to the rail financing network, where the Land Transport Authority will take over the repair and upgrading of assets, and free up train operators to focus on service reliability.

However, in the long run commuters may see some benefits from the privatisation of SMRT, as this would would allow the company to concentrate on its core tasks - which are delivering reliable and efficient public transport services, rather than having to keep an eye on investors' priorities.
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Fcuking fcukin rubbish report.
Damn disgraceful

Is this fcuking media saying smrt cannot multi task?
Or garbagement don't give them enough money so their service is poor cos they got small number of staff doing too much?

Obviously the maintenance crew different from frontline staff la!

And r they sayin desmond is so focus on maintenance, he cannot provide proper service cos lose concentration? Desmond should sue them
________________
Exchange points is rubbsh ma?

[Craz78]

Originally Posted by sadfa

I said before liao.

These pieces of shit should b voted out long ago.
Now its too late.
Even if they're voted out now, the opposition won't do well n get voted out next time

This garbagement is like a fcuking disease. You must Chop out yr arm or leg to get rid of the disease.
_____________
Is it too late to exchange points?

So, which country has the best garbagement?
why won't oppo do well? is it becos they r fucked up in the first place?

[Zapzaplah]

Originally Posted by SiaSuay

Your country meh ??? Thank you for providing us with entertainment .

Originally Posted by Olympus818

The country is already destroyed by the men in white, are you still dreaming?

We should try to prevent them for destroying it further

Originally Posted by sadfa

I said before liao.

These pieces of shit should b voted out long ago.
Now its too late.
Even if they're voted out now, the opposition won't do well n get voted out next time

This garbagement is like a fcuking disease. You must Chop out yr arm or leg to get rid of the disease.

Originally Posted by skyleon

No increase in SMRT offer price, says Temasek unit

- See more at: http://business.asiaone.com/news/no-....ZXAhtqtG.dpuf

As expected, this group of fucking clones from the media industry and the oppo camp are here and lurking at all internet forums to constantly brain wash and destroy our country !!!

Singaporean pls beware !!!