Ah Hua : Local banks not expected to have large exposure. But why sound so unsure?

[makapaaa]

<TABLE class=forumline border=0 cellSpacing=1 cellPadding=3 width="100%"><TBODY><TR><TD class=row1 vAlign=top width=150 align=left>Getrich



Joined: 19 Jun 2009
Posts: 1190

</TD><TD class=row1 height=28 vAlign=top width="100%"><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR><TD width="100%"> Posted: Sat Nov 28, 2009 10:16 pm Post subject: Ah Hua : Local banks not expected to have large exposure</TD><TD vAlign=top noWrap> </TD></TR><TR><TD colSpan=2><HR></TD></TR><TR><TD colSpan=2>Local banks not expected to have large exposure to Dubai debt crisis
By Satish Cheney, Channel NewsAsia | Posted: 28 November 2009 2211 hrs


SINGAPORE: Minister in the Prime Minister's Office and Second Finance Minister Lim Hwee Hua said on Saturday that she does not expect Singapore banks to have a large exposure, if any at all, to the Dubai debt crisis.

She said this is due to local banks being diversified in their risk taking.

Dubai World, a Dubai government investment firm, had asked for a six-month delay to repay a large portion of its US$80 billion debt.

Speaking to reporters on the sidelines of a community event in Tampines, Mrs Lim added that Singapore businesses in Dubai may have already been preparing for this debt crisis.

"Our companies operating there, I'm sure, would not be very surprised by this sort of final announcement because for a while, they've been giving feedback about the difficulty with some of the projects," she said.

"So I believe that they would have been preparing for some of these eventualities, and the extent will depend on how much each company is actually exposed."


- CNA/so







http://www.channelnewsasia.com/stories/singaporelocalnews/view/1021173/1/.html</TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>

 

[po2wq]

Re: Ah Hua : Local banks not expected to have large exposure. But why sound so unsure

... does not expect Singapore banks to have a large exposure, if any at all, to the Dubai debt crisis.
...
"So I believe that they would have been preparing for some of these eventualities, and the extent will depend on how much each company is actually exposed."

dunno anyting still wanna tok ...

 

[Highfalutin]

Re: Ah Hua : Local banks not expected to have large exposure. But why sound so unsure

And the taxpayers are giving this big fellatio lipped bitch nearly a million and a half dollars a year to come up with that?

 

[halsey02]

Re: Ah Hua : Local banks not expected to have large exposure. But why sound so unsure

And the taxpayers are giving this big fellatio lipped bitch nearly a million and a half dollars a year to come up with that?

No lah!, Ah Hua...telling M.A.S., to telling Banks..I toldling you so....sell your Dubai investment...divest..divest...DIvEst....

before you make me, 'lao qui'...I earn, big pay check you know...:p

 

[Watchman]

Re: Ah Hua : Local banks not expected to have large exposure. But why sound so unsure

They always afraid to disclose !

 

[Watchman]

Re: Ah Hua : Local banks not expected to have large exposure. But why sound so unsure

What are the banks in Tampines ?

 

[ahleebabasingaporethief]

Re: Ah Hua : Local banks not expected to have large exposure. But why sound so unsure

I AGREE with you on your perceptions that she seemed unsure.

Yes I saw her being interviewed on TV.

Her answers were quite unsure and appeared very nervous.

Just look at her eyes. She was looking away and appeared in a daze.

Someone should post the clip of her interview her and on youtube for all to judge for themselves.
​

 

[myfoot123]

Re: Ah Hua : Local banks not expected to have large exposure. But why sound so unsure

That explains why she almost lost to Silvia Lim in Aljunied GRC because the way she talked is as good as not talking at all. She might as well kept her mouth shut and sit down. Or was it that she is trying to justify her million dollar salaries by talking for the sake of talking. NO WONDER Singapore has leadership crisis!

 

[Watchman]

Re: Ah Hua : Local banks not expected to have large exposure. But why sound so unsure

That explains why she almost lost to Silvia Lim in Aljunied GRC because the way she talked is as good as not talking at all. She might as well kept her mouth shut and sit down. Or was it that she is trying to justify her million dollar salaries by talking for the sake of talking. NO WONDER Singapore has leadership crisis!

You are so right when they talk , they sounded worst than a 7 year old !

 

[johnny333]

Re: Ah Hua : Local banks not expected to have large exposure. But why sound so unsure

NO WONDER Singapore has leadership crisis!

The reason LKY has remained top dog is because he surrounds himself only with YES people. YES people don't have to smart just obedient

In LKYs utopia there can be only one leader & that's LKY.

 

[jw5]

Re: Ah Hua : Local banks not expected to have large exposure. But why sound so unsure

Why can't they find out and give a precise answer instead of saying that "the banks are not expected to............."?

 

[Merl Haggard]

Re: Ah Hua : Local banks not expected to have large exposure. But why sound so unsure

The three Asian banks who are exposed to Dubai World are Stand Chart, HSBC and DBS.

Temasek owns 18.9% of Stand Chart is its largest shareholder, is exposed up to US$7.8 bln.

Again our savings by the billions are burnt by the Jinxed bitch!

 

[ashjaw]

Re: Ah Hua : Local banks not expected to have large exposure. But why sound so unsure

That explains why she almost lost to Silvia Lim in Aljunied GRC because the way she talked is as good as not talking at all. She might as well kept her mouth shut and sit down. Or was it that she is trying to justify her million dollar salaries by talking for the sake of talking. NO WONDER Singapore has leadership crisis!

sorry but she is not running head on with Sylvia in Aljunied GRC, the PAP head for Aljunied GRC is George Yeo.