Beside taking into the account of the bad investment that you
have said .. FYI .. I think Temasek has a very large involvement in
local major companies from the start .....
If I rem correctly , its has a major stake in
- SIngtel , NOL , Media Crop , Singapore Technologies
Semiconductor , STandard Chartered and much more. ..
And it has proven to be a solid foundation for them to grow
afterall who but the govt link companies can tie business
out through crisis or have the capacity to grow from SME to
large enterprise.
Guess we people like to complain more than compliment . When
they have such heavy involvement in local market , people say that
they are monopolying around, but no one complain when NOL was
growing and giving people jobs.
Is that how they get their funds , borrowing from minstry of
finance at a charge?
