Does Corporate Governance Exist in Singapore?

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
#13
The worst I had swallowed was with Hersing. The takeover price valued the company at <$150m and the guy quickly sold the agency business within the next 12 months with an asking price of $150m. How/why did minority shareholders (including one substantial SH) accept the offer in double-quick time I don't know. I don't believe everyone is stupid.

http://www.stproperty.sg/articles-proper...m/a/131641

What to do? Luckily for people like us, we have other stocks to choose from. Looking back, it's actually a blessing because the money had been forced to go into better stocks...despite the "loss" from unrealizable profits.
Reply


Messages In This Thread
RE: Does Corporate Governance Exist in Singapore? - by cif5000 - 20-05-2014, 02:48 PM

Forum Jump:


Users browsing this thread: