- Joined
- Oct 5, 2018
- Messages
- 16,962
- Points
- 113
Capitaland is an organization of fat cats, created by our country, with no value-added to the society.
The fast cats paid themselves so well, peddling themselves as a government linked company, they enjoyed low-cost of funds and screwed up, resulting in the massive restructuring last year. During COVID-lockdown, they took so much money from government as landlords. Then they lost money in china and squeezed local tenants to shore up their P&L.
Worst of all, it didn't collapse. Like a parasite Now interest rates are soaring again, they went on to hike retail and office rentals in difficult times like this. Why did we create this kind of shit to make lives more difficult?
Capitaland does well, our lives will not be better.
Capitaland screws up, we need to bail them out.
The fast cats paid themselves so well, peddling themselves as a government linked company, they enjoyed low-cost of funds and screwed up, resulting in the massive restructuring last year. During COVID-lockdown, they took so much money from government as landlords. Then they lost money in china and squeezed local tenants to shore up their P&L.
Worst of all, it didn't collapse. Like a parasite Now interest rates are soaring again, they went on to hike retail and office rentals in difficult times like this. Why did we create this kind of shit to make lives more difficult?
Capitaland does well, our lives will not be better.
Capitaland screws up, we need to bail them out.