MCB is for Temasek to acquire higher stake yet retain the optionality to get whole company if SIA goes down.
Since it is capital heavy, it will be undersubscribed and Temasek will take up all MCB.
MCB not designed for minority shareholders.
Since it is capital heavy, it will be undersubscribed and Temasek will take up all MCB.
MCB not designed for minority shareholders.
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster