Sands is in a mess!

[Merl Haggard]

The three local banks are getting hit hard by the financial woes of Las Vegas Sands up to an amount of $2.2 bln.

UOB has lent to Las Vegas Sands $890m, DBS - $740m and OCBC is around $570m.

Learned from my source that LVS has drawn down the total approved loan of $5.4 bln and with cost over-run,
the $5.4 bln is not sufficient to cover construction cost for Marina Bay IR which works out to about $8.6 bln.

Main contractor's $20m outstanding has long been overdue and they have threatened to stop work if payment
by LVS is not made soon.

LVS share price closed at US$6.30 last Friday, falling 96% from its high of US$149 during Oct 2007.

Horseh Liao Singapore Tua Huat Arghh!

 

[vamjok]

Ahhahahhaha song bo

 

[dysentry]

Will UOB become a penny stock?

 

[kuntakinte]

This f88king Prime Minister aka Pinky Swaying Willow is one f88king suay Prime Minister.

Whatever he and his wife touches on, it turned into shit !!

"Sky has eyes" !!! He wants to start a crooked business to boost Singapore economy, he gets hit by the crisis. And, those motherf88kers at The Shitty Times dare not report about LVS losses and the risks Singapore is shouldering. Why ? This would reflect badly on LHL and PAP.

Next step ? PAP will use reserves to bail out UOB, DBS, and OCBC and those CEOs and Chairmen will enrich themselves further with fat bonuses !!!

The time has come, retributions take over !!!

The three local banks are getting hit hard by the financial woes of Las Vegas Sands up to an amount of $2.2 bln.

UOB has lent to Las Vegas Sands $890m, DBS - $740m and OCBC is around $570m.

Learned from my source that LVS has drawn down the total approved loan of $5.4 bln and with cost over-run,
the $5.4 bln is not sufficient to cover construction cost for Marina Bay IR which works out to about $8.6 bln.

Main contractor's $20m outstanding has long been overdue and they have threatened to stop work if payment
by LVS is not made soon.

LVS share price closed at US$6.30 last Friday, falling 96% from its high of US$149 during Oct 2007.

Horseh Liao Singapore Tua Huat Arghh!

 

[DIVISION1]

Everything will eventually work out fine. Do not worry.

 

[singveld]

ha ha ha
tell me tell me
who buy the share at around US 149
now drop to US 6.3
soon to be zero

ha ha ha ha
profit from poor gamblers.
invest in company that expand too fast with too much debt

die die die
singapore IR seem doom. karma for pap.

 

[angie II]

"Sky has eyes" !!! He wants to start a crooked business to boost Singapore economy, he gets hit by the crisis. And, those motherf88kers at The Shitty Times dare not report about LVS losses and the risks Singapore is shouldering. Why ? This would reflect badly on LHL and PAP.

The time has come, retributions take over !!!

wah dis 1 tua cong! Will make a good replacement for my signature!

Everything will eventually work out fine. Do not worry.

dis one liner lagi impressive... short n brief


Gosh... i am in dilemma which 2 choose...

 

[Bigfuck]

Wah like my probrem. LVS collapse collapse lah.

 

[makapaaa]

The three local banks are getting hit hard by the financial woes of Las Vegas Sands up to an amount of $2.2 bln.

UOB has lent to Las Vegas Sands $890m, DBS - $740m and OCBC is around $570m.

Learned from my source that LVS has drawn down the total approved loan of $5.4 bln and with cost over-run,
the $5.4 bln is not sufficient to cover construction cost for Marina Bay IR which works out to about $8.6 bln.

Main contractor's $20m outstanding has long been overdue and they have threatened to stop work if payment
by LVS is not made soon.

LVS share price closed at US$6.30 last Friday, falling 96% from its high of US$149 during Oct 2007.

Horseh Liao Singapore Tua Huat Arghh!

No wonder the main contractors need to cut the pay of the PRC FTrash from an awesome $1.7k by half due to "lack of work". If the 154th media are truly independent and fulfill their role, they would have exposed the truth of the situation long ago.

 

[makapaaa]

Everything will eventually work out fine. Do not worry.

Does your owner hold the same lackadaisical attitude?

 

[Merl Haggard]

This f88king Prime Minister aka Pinky Swaying Willow is one f88king suay Prime Minister.

Whatever he and his wife touches on, it turned into shit !!

"Sky has eyes" !!! He wants to start a crooked business to boost Singapore economy, he gets hit by the crisis. And, those motherf88kers at The Shitty Times dare not report about LVS losses and the risks Singapore is shouldering. Why ? This would reflect badly on LHL and PAP.

Next step ? PAP will use reserves to bail out UOB, DBS, and OCBC and those CEOs and Chairmen will enrich themselves further with fat bonuses !!!

The time has come, retributions take over !!!

In the case of Marina Bay IR I don't think it's being suay, but they got taken for a ride by Sheldon Adelson who was then the world's third richest man.

I remember DBS's CEO and his team had to fly down to Vegas to conclude the $5.4 bln loan deal. This was rather unusual because borrower should come to lender and not the other way round, unless there is instruction from upstairs.

Remember lao fart stayed at Sheldon Adelson's Venetian when he visited Vegas 2 or 3 months before LVS was awarded.

 

[DIVISION1]

Does your owner hold the same lackadaisical attitude?

The government of Singapore possesses quiet confidence over issues they have planned for the possible contingencies.

 

[Merl Haggard]

I forecast that LVS may have to declare Chapter 11 within 1 to 2 months because
their 4 existing casinos are bleeding very profusely.

 

[shelltox]

No worry lah, the majority of the money is still in singapore , with the singapore govt bcos sands got to pay for the land they build the IR on.

 

[DerekLeung]

I remember DBS's CEO and his team had to fly down to Vegas to conclude the $5.4 bln loan deal. This was rather unusual because borrower should come to lender and not the other way round, unless there is instruction from upstairs.

Remember lao fart stayed at Sheldon Adelson's Venetian when he visited Vegas 2 or 3 months before LVS was awarded.

Jackson Tai run away ! People must sit up and pay attention.
And not accept that that he needs more time with family.
Is that the walk-out package worth more to retire now then none left
when one go later. He was right. One must study Jackson Tai 's links with previous entities and banks.

 

[The_Latest_H]

The three local banks are getting hit hard by the financial woes of Las Vegas Sands up to an amount of $2.2 bln.

UOB has lent to Las Vegas Sands $890m, DBS - $740m and OCBC is around $570m.

Learned from my source that LVS has drawn down the total approved loan of $5.4 bln and with cost over-run,
the $5.4 bln is not sufficient to cover construction cost for Marina Bay IR which works out to about $8.6 bln.

Main contractor's $20m outstanding has long been overdue and they have threatened to stop work if payment
by LVS is not made soon.

LVS share price closed at US$6.30 last Friday, falling 96% from its high of US$149 during Oct 2007.

Horseh Liao Singapore Tua Huat Arghh!

Time to move out money from DBS and POSB, you reckon?

 

[DIVISION1]

Time to move out money from DBS and POSB, you reckon?

You can always move money from DBS to POSB and vice versa for free easily, if you have linked accounts.

 

[The_Latest_H]

You can always move money from DBS to POSB and vice versa for free easily, if you have linked accounts.

I mean out of both banks completely, Div 1. From POSB to HSBC instead, for example- if HSBC isn't also in the derivatives business as well.

 

[kuntakinte]

Of course, there are instructions from the top and these bunch of f88kers at the top were more than eager to get the IR started right away. I dun think Sheldon had taken them for a ride. These bunch of f88kers were thinking, he is the world 3rd richest man, what could go wrong ?

Just like Goh Chok Tong praising K K Fong, ex-CEO of ione.net and cited ione.net was the Singapore internet baby ? What f88ks ? ione.net gone f88ked.

GCT and LHL praised the 3 Singaporean guys at Silicon Valley that developed the internet graffiti and touted them to be the next up and coming netreprenuers with innovative product. What happened ? F88k it !! NOTHING !!!

These f88kers are good at wayang, when things go wrong, they kept quiet and no hint of remorse or apologetic. When things go right, they increased their own salary - like striking the Autumn fest TOTO draw every year !!

Of course, Jackson Tai was smart enough to withdraw before he ejaculates. Otherwise, an unwanted pregnancy will occur !!

In the case of Marina Bay IR I don't think it's being suay, but they got taken for a ride by Sheldon Adelson who was then the world's third richest man.

I remember DBS's CEO and his team had to fly down to Vegas to conclude the $5.4 bln loan deal. This was rather unusual because borrower should come to lender and not the other way round, unless there is instruction from upstairs.

Remember lao fart stayed at Sheldon Adelson's Venetian when he visited Vegas 2 or 3 months before LVS was awarded.

 

[madmansg]

it is just a simple case of the sands ceo wanting to kill sg for killing his son with NS.