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- Nov 24, 2008
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So clearly, there must be some clarification on PAP policy. Why the WP will not ask this question is beyond me. The question to PAP is:
At what point can a GLC, taxpayer funded start up, and internationally reputed company be sold off to foreign buyers? What is the criteria? Like this, can SIA be sold off in the future too? What is the criteria under which GLCs like NOL, SQ, Sembcorp, etc could be sold off? 2 quarters of losses? 2 years of losses? Or if someone approached them for the right price? Fucking PAP better come clear and explain.
At what point can a GLC, taxpayer funded start up, and internationally reputed company be sold off to foreign buyers? What is the criteria? Like this, can SIA be sold off in the future too? What is the criteria under which GLCs like NOL, SQ, Sembcorp, etc could be sold off? 2 quarters of losses? 2 years of losses? Or if someone approached them for the right price? Fucking PAP better come clear and explain.