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Ho Ching to go!!!

scroobal

Alfrescian
Loyal
Rumours are heavy in the air that having breached one sacred cow one after another with the salary of political appointees now in play, the reason behind he taking on the chairmanship of Temasek is to appoint headhunters to look for replacement for his wife.

Here is the interesting bit - they want a local. I wonder why? Suddenly FTs are no longer in vogue?

Apparently people are laughing about old man comments that of all the people in Singapore, Ong Beng Seng endorsed Ho Ching. Bear in mind, this is the same OBS that was involved in the Slater Walker scandal involving a number of entities including Chung Khiaw Bank and people went to jail. And holy shit, it is in print for posterity. This is the same OBS that gave 2 eggs in his and his families' Kway Teow via Nassim Jade that no one else got. When it came out in the open, both father and son out of guilt donated the discount equivalent to charity.
 

scroobal

Alfrescian
Loyal
Not likely. They are looking to distance the new chap from PAP politics if not it serves no purpose. MBT will join the likes of Dhanabalan, Yeo Cheow Tong etc and go into influence peddaling for rich Indons.


Imagine if the replacement is Mah Bow Tan!!!!!!
 

king_of_abalone

Alfrescian
Loyal
Goddamn it man.... What's wrong with you. LHL took over GIC, not Temasek. Anyway he doesn't need to take over Temasek to fire his wife. He can and could have fired her anytime, from anywhere.
 

Windsor

Alfrescian (Inf)
Asset
Goddamn it man.... What's wrong with you. LHL took over GIC, not Temasek. Anyway he doesn't need to take over Temasek to fire his wife. He can and could have fired her anytime, from anywhere.

I thought it was Dhanabalan who is the chairman of temasek?
 

kingrant

Alfrescian
Loyal
Perhaps they shld consider Chen Show Mao. I am sure he has the gravitas. After all, in U.S. history, the ruling party has often co-opted the other party talents to take on key posts. That is called political maturity.

Rumours are heavy in the air that having breached one sacred cow one after another with the salary of political appointees now in play, the reason behind he taking on the chairmanship of Temasek is to appoint headhunters to look for replacement for his wife.

Here is the interesting bit - they want a local. I wonder why? Suddenly FTs are no longer in vogue?

Apparently people are laughing about old man comments that of all the people in Singapore, Ong Beng Seng endorsed Ho Ching. Bear in mind, this is the same OBS that was involved in the Slater Walker scandal involving a number of entities including Chung Khiaw Bank and people went to jail. And holy shit, it is in print for posterity. This is the same OBS that gave 2 eggs in his and his families' Kway Teow via Nassim Jade that no one else got. When it came out in the open, both father and son out of guilt donated the discount equivalent to charity.
 

king_of_abalone

Alfrescian
Loyal
I thought it was Dhanabalan who is the chairman of temasek?

Yes it is Dhana. Similarly, i don't think LHL needs Dhana's permission to fire anybody in TH, Dhana included...

Hell, LHL could indirectly "fire" the president of singapore if he wanted.
 
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king_of_abalone

Alfrescian
Loyal
Perhaps they shld consider Chen Show Mao. I am sure he has the gravitas. After all, in U.S. history, the ruling party has often co-opted the other party talents to take on key posts. That is called political maturity.

Just like TH. I am sure there are tons of singaporeans out there who are more capable of running TH than ho ching is. But do you see it happening?
 

longbow

Alfrescian
Loyal
GIC and Temasek will likely have Lee family in it. What is the purpose of concentrating all the wealth of the country and not be able to enjoy the trappings.

After all, in this world, $ talks. US Big oil carry a big stick because they have $$. Likewise when you have US$500B in GIC and US$150B in Temasek and people know decision can ne made by you - they will kiss your toes.

How many entitites are there in the world that can cut you a check for US$20B in 24 hours, if needed. So these people will get to rub shoulders with the brightest from Wall Street and politics. Your words will be pearls or wisdom, your breath will be fresh like that of a baby and .........................
 

halsey02

Alfrescian (Inf)
Asset
GIC and Temasek will likely have Lee family in it. What is the purpose of concentrating all the wealth of the country and not be able to enjoy the trappings.

After all, in this world, $ talks. US Big oil carry a big stick because they have $$. Likewise when you have US$500B in GIC and US$150B in Temasek and people know decision can ne made by you - they will kiss your toes.

How many entitites are there in the world that can cut you a check for US$20B in 24 hours, if needed. So these people will get to rub shoulders with the brightest from Wall Street and politics. Your words will be pearls or wisdom, your breath will be fresh like that of a baby and .........................

That is why the needed an expensive thambi to jaga the key to the safe, any other people may spill the beans. By the way it is not kiss your toes, it is kiss your arse & smell the fragrance.
 

karmabear

Alfrescian
Loyal
I hope CSM do not touch Temasek. Temasek is toxic waste. Their accounting and reporting is a joke. I don't claim to have much insider news like some forum members. But when one Chao angmo FT come in and resigns almost immediately, it should be huge warning signs. Not that Ang Moh is ethical (BHP is corporate and environment crime champion)... But if a dirty lowdown mining giant CEO find the place too toxic, can you imagine how bad it actually is?

I suggested MBT as he has the moral fibre befitting Temasek. If someone new... Only new person whose morals fit will be CCS or better yet, father betrayer Janil Puthucheary. It would be a walk in the park for Janil.
 

GOD IS MY DOG

Alfrescian (Inf)
Asset
Perhaps they shld consider Chen Show Mao. I am sure he has the gravitas. After all, in U.S. history, the ruling party has often co-opted the other party talents to take on key posts. That is called political maturity.


PAP get opposition member to head GIC or Temasek ???!!!


brudder......................your 1st day in S'pore huh ?
 

Bigfuck

Alfrescian (Inf)
Asset
Expected a new dawn, and MORNING SINGAPURA!

No. Like all CEOs and important position holders in the world, they are not paid high premium for their abilities but the responsibilities associated with the position. Therefore, anyone in a high executive position is a placeholder, no more no less. If he/she happens to have ability, it is a nice thing to masturbate over in public relations, but totally irrelevant. That is how you can get that Goodyear or Ho Ching in those positions. That is fine by me, as long as you have consistent accountability and transparency practices, externally. Temasek Holdings cannot operate secretly, because it was born of public funds and monies. So you need to report to the people. Even if it is a private company, you still need to report to your shareholders so they can decide whether to remove or inject capital or disband the entity. Either way, Temasek Holdings needs to either publicly provide reports to everyone, or send every Singaporean a confidential report, whichever Temasek Holdings find easier to do.
 
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