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Png Eng Huat very bad in doing business, shut down 8 company for the last 12 yrs

Dinosaur

Alfrescian
Loyal
Temasek Holdings had squandered millions of money belonging to the People in some of their overseas investments.. That is much much more worse..

zeddy,

Are you sure that money managed by Temasek Holdings belong to the citizens of Singapore? Which official document explicitly state that?

FYI, the Chinese government has explicitly stated that all foreign reserves and funds managed by its sovereign wealth agencies do NOT belong to the Chinese people.
 

The_Hypocrite

Alfrescian (Inf)
Asset
Funny thing is many PAP MPs hold directorships in companies but non of them have run or started businesses before, so wat do these 'directors' contribute to the company? More like putting them on the payroll to advance company interest,,so that is corruption..and who say PAP is not corrupt? I will vote Opposition anytime of the day

Please tell me, how many of our ministers and PAP MPs even managed any of their own company before joining politics.
None!
 

ChewCheng

Alfrescian
Loyal
Is Madcow a codename for the opposition? GMS computer is also called something like "Madcow" right?

According to ACRA's information, Png Eng Huat is currently director and shareholder of, Flori-Art, Globalised Market Traders and Madcow International.
Flori-Art is a florist located in the Chinatown vicinity, but our reporter visited several times and found out that it is not doing a florist store business and the office is often empty.
The staff said that their company has a 20-year history, the main business is supplier of flowers".
Png Eng Huat said that he occasionally went to the shop to ensure that everything is running well. Staff describes him as an amiable boss who works together to solve any problems that the employees encounter.

For the production of greeting cards, he open a company
Our reporter discovered that Globalised Market Traders and the Madcow International only consist of a Secretariat, and does not have any office.
Png Eng Huat said that, Madcow International, is a company in the business of production of greeting cards, but this company is not currently active.
 

jw5

Moderator
Moderator
Loyal
Name 3 pap mps who have set up and run very successful businesses before becoming an MP.
I am still thinking of the first.

still trying to think of the first one...................
 
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