Is that so? What about the investment in ABC Learning. We now are told the guy behind this 'MacDonald' of learning was jetting round having great time with his mistress while our astute scholars were recommending this 'lemon' to Temasek. To add insult to injury we are now being blamed for this company's failure because we invested in the company. Is this an example of your 'a long term investment like this will bear fruits beyond imagination'. At this rate our 'goal keeping' president may have to work overtime and give up retirement plans to 'protect' our reserves soon.
This added to the record that Temasick can only do well locally but fumble big time when venture overseas. Even when buying proven business also fumble.
As what the Chinese said, "Rear bird also turn to cock!"