<TABLE id=msgUN cellSpacing=3 cellPadding=0 width="100%" border=0><TBODY><TR><TD id=msgUNsubj vAlign=top>
Coffeeshop Chit Chat - Teo Ho Pin's TC bought creative shares</TD><TD id=msgunetc noWrap align=right>
Subscribe </TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE cellSpacing=0 cellPadding=0 border=0><TBODY><TR class=msghead><TD class=msgF noWrap align=right width="1%">From: </TD><TD class=msgFname noWrap width="68%">limtuakang <NOBR></NOBR> </TD><TD class=msgDate noWrap align=right width="30%">8:21 pm </TD></TR><TR class=msghead><TD class=msgT noWrap align=right width="1%" height=20>To: </TD><TD class=msgTname noWrap width="68%">ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (1 of 4) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft width="1%" rowSpan=4> </TD><TD class=wintiny noWrap align=right>9614.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>Dear Dr Teo,
RE: Creative Technology shares purchased by Holland-Bukit Panjang Town Council & staff bonuses
I am Eugene Yeo, Chief Editor of socio-political blog, Wayang Party.
Thank you very much for replying to my earlier queries on the bonuses of CDC staff through the media.
I am appalled that you do not know the amount of bonuses received by your CDC staff, but surely you must be aware of the investments made by Bukit-Panjang Town Council?
I happened to come across this article written by fellow blogger Mr Biao which was posted on 11 October 2007:
“While looking through Creative Technology’s latest Annual Report, I was surprised to see “Holland-Bukit Panjang Town Council” listed as one of the majority shareholders with 530,000 shares currently valued at about S$3,000,000.“ (Source: mrbiao.com)
The closing price for 1 lot of Creative Technology share on 18 March 2009 is only S$3.40. This means that the shares held by the Town Council now is $3.40 x 530,000 = $1,802000 which translates into a paper loss of almost S$1.2 million dollars from its value in 2007 if the figures provided by Mr Biao were correct.
Read rest of article here:
http://wayangparty.com/?p=6576
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RE: Creative Technology shares purchased by Holland-Bukit Panjang Town Council & staff bonuses
I am Eugene Yeo, Chief Editor of socio-political blog, Wayang Party.
Thank you very much for replying to my earlier queries on the bonuses of CDC staff through the media.
I am appalled that you do not know the amount of bonuses received by your CDC staff, but surely you must be aware of the investments made by Bukit-Panjang Town Council?
I happened to come across this article written by fellow blogger Mr Biao which was posted on 11 October 2007:
“While looking through Creative Technology’s latest Annual Report, I was surprised to see “Holland-Bukit Panjang Town Council” listed as one of the majority shareholders with 530,000 shares currently valued at about S$3,000,000.“ (Source: mrbiao.com)
The closing price for 1 lot of Creative Technology share on 18 March 2009 is only S$3.40. This means that the shares held by the Town Council now is $3.40 x 530,000 = $1,802000 which translates into a paper loss of almost S$1.2 million dollars from its value in 2007 if the figures provided by Mr Biao were correct.
Read rest of article here:
http://wayangparty.com/?p=6576
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