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knn, this scroobal wanna sabot chen show mao, ccb

tioliaohuat

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The Chen Show Mao Affair?

This Chen affair tells me that many Singaporeans are not aware of things in their own country.

Firstly there is no such thing as voluntary NS. And no one in his right mind will want to serve NS for a country that he is not a citizen of. We still have people pedaling this stuff.

There are however option offered to certain category of PRs and it is PRs only. There are number of categories many of which are classified. These are options and if they don't agree to do NS, there consequences such as PR (only eligible for social visits visas )will taken away, cannot work in this country etc. There are some category of PRs which have no choice but to do NS and they are those that are born here or have come at a young age etc.

In a nutshell, if you do not fall in any of these categories, you cannot turn up and volunteer for NS.

I truly disappointed with Chen for not clarifying his true position. He has also done it for the medical admission procedure. Chen did not qualify. He failed the vocational aptitude assessment and this has nothing to do with his high marks. These assessments are now done across the world and many top students do not qualify for medicine because they can't pass the aptitude test. For instance, every years, Oxford and Cambridge hold their medical aptitude assessment in Singapore for student of Asia Pacific. You can get straight As and if you fail this test you can kiss medicine as a vocation goodbye. BMAT is used by Oxbridge and Imperial college and UKCAT for other Universities. For OZ it is called UMAT. These include interviews well.

I wanted to be sure and therefore have checked in regard to his case. He only took up citizenship when he realised that a Taiwanese citizen does not qualify for a Rhodes scholarship. In 1980, he was not eligible for scholarships. Only in 1991 was the Admin service and top tier scholarships opened for PRs.





Quote: Commoner


serve NS also must explain?

cannot get into meds must explain?

work overseas must explain or not?

did CSM use any of those for his advantage? it is just the netizens perception.

so if CSM got constipation, must he explain?

those are facts provided by the party, there are perceptions by the netizens, if one were to explain all thing as question by the netizens, one just need to sit by computers and answer questions.

why scroobal never asks PAP to justify or answer the questions? double standard?
 

tioliaohuat

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From The American Lawyer: Dealmakers of the Year
Irene Plagianos, Drew Combs, D.M. Levine, and Ross Todd All Articles

The Asian Lawyer
April 11, 2011
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Show-Mao Chen
Photo: Paul Godwin
This month The American Lawyer announced its picks for Dealmakers of the Year--the lawyers who worked on the biggest and most significant deals of 2010. Four of the 15 transactions spotlighted involved Asian companies--no surprise to anyone who's been watching dealflows recently.

From the massive Chinese IPOs by American International Assurance and Agricultural Bank to Zhejiang Geely's purchase of Volvo Car Corporation to the biggest project financing in history, each of these transactions showcases Asia's growing economic power and the bigger roles for lawyers there. Here's the inside story of those deals.






DEAL IN BRIEF: AgBank IPO

Dealmaker: Show-Mao Chen, Davis Polk & Wardwell

Value: $22.1 Billion

Firm's Role: Issuer's Counsel

For a business with something of a dowdy reputation, Agricultural Bank of China Limited--that nation's third-largest lender--had some big ambitions when it decided to go public last year. It wanted to raise a lot of money, perhaps a record amount, despite the global economic crisis. It wanted to move quickly. And--perhaps trickiest of all--it wanted a dual listing, on both the Shanghai Stock Exchange, which trades only in China, and the Hong Kong Stock Exchange, which trades internationally.

To pull it off, the bank, known colloquially as AgBank, turned to a lawyer with plenty of experience with dual listings--Davis Polk & Wardwell's Show-Mao Chen. Four years earlier, Chen, who is based in Beijing, led a Davis Polk team that advised China's biggest bank, Industrial and Commercial Bank of China Limited (ICBC), in its initial public offering. That IPO raised $19 billion, making it the world's largest at the time; it was also the first entity to list shares in Shanghai and Hong Kong.
Dual listings are difficult because each exchange has different sets of regulatory requirements related to disclosure, timing, and underwriting practices. These issues can become especially complicated in a large offering.

So Chen and his team began working under what he calls some of "the most challenging circumstances I have seen" so AgBank's IPO could launch in both markets. By April 2010, the bank had lined up ten lead underwriters, a record number--four for Shanghai and six for Hong Kong. It would fall to the Davis Polk lawyers to manage the various opinions of the underwriters and smoothly incorporate them into the prospectus.

Time constraints increased the pressure. There was talk about other Chinese banks that wanted to go public in 2010, and AgBank wanted to ensure that it would be the first in line. The bank wanted to get the IPO to market by July, giving Chen just a three-month window. "Three months is just about the shortest time to market I've seen for an IPO of this kind," he says. "And it certainly felt like it was done in record time."

Chen had teams of lawyers camped out in Davis Polk's Beijing office to keep up with the demanding pace. Meetings were conducted in both En_glish and Chinese, and all of the documents were drafted in both languages, often doubling the lawyers' work.

Antony Dapiran, a former Freshfields Bruck_haus Deringer partner who worked as AgBank's Hong Kong counsel on the IPO, credits Chen with shepherding a "very complex IPO, done on a very compressed timetable, while managing the many parties involved." (Dapiran left Freshfields after the IPO and is now a partner at Davis Polk.)

Finally, there was the hipness factor: AgBank didn't have much. Because it specializes in agricultural loans, which usually have lower profit margins than other sorts of loans, AgBank had long been called the ugly sister of Chinese state banks, Chen says. That meant that the key to pulling off the IPO was emphasizing the bank's potential for growth. (Chen calls it the "glass half-full" view of the bank.) While its loan margins were small, for example, AgBank had the largest network of banks in China, most of them outside the country's largest cities. So in the prospectus, Chen highlighted the "substantial potential for economic growth" in these rural areas. "We were able to sharpen the focus of the bank's disclosure for investors," he says. "That was crucial."

Their work paid off. When the IPO went to market, it raised $22 billion, a record amount that surpassed the sum raised by ICBC four years earlier. Because the IPO had been priced in China, not overseas, as is more customary, "in a way, this IPO was like a coming-out party for China," Chen says. "It feels like China has really arrived on the international market."

AgBank's record stood for only a few months, until November, when the American IPO that relaunched General Motors Company raised $23 billion. But on July 6, at least, the ugly sister was finally the star of the show
 

tioliaohuat

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Re: WP Secret Weapon : Chen Show Mao

sure pap is wary of what csm can be/can do for oppo in general. u can see that character assaination of him started here liao. scroobal the fucker started a thread on this.
 
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