(human) SG Thailand's goverment last night seized Shin Corp's ITV. The company had failed to pay US2.9 billion (S$4.4billion) in back fees and fines for violations of it original concession agreement. ITV shares had been suspended from trading on the Stock Exchange of Thailand since last tuesday. The stock fell 91 percent since Temasek acquired ITV's parent in January last year. The station's 1010 employees now faces an uncertain future. Employees are expected to be laid off. The Thai government is investigating Temasek and the Shin Corp. group of companies to see whether their mobile-phone and satellite concessions violated Thai law. http://quote.bloomberg.com/apps/news?pid=20601087&sid=a1wr7sZJFMZI http://finance.yahoo.com/search?type=&s="ITV"
maurizio13 SG How come there was no report of this in our local news? Media blackout by government? No doubt that the media will report profits for Shin Corp at the end of the year. Delusional politics. I wonder what those fervent PAP supporters have to say about this.
pinkish purple papayas SG did our 147th report it? is 147th still talking about SG's economy boom, lowest unemployment rate, better wages, efficient govt and generous budgets?
maurizio13 SG Nah. They talking about earthquakes and since 30 mins ago, was talking about Garuda plane crash in Yogyakarta. They totally sidetrack this issue, much like the PAP supporters technique here.
maurizio13 SG I think this is big news. Should be in the headlines of the 9:30pm news or prime time morning. It's SGD4.4 billions worth of peanuts. If you pay your MP and Minister peanuts, no wonder they all look and behave like monkeys.
pinkish purple papayas SG $4.4B.... Thats $4,4,000,000,000.... The Toto in Singapore is just $10m..the toto is just 0.2% of the amount SG govt lost... and this $4.4B is the peoples' money..
(human) SG Anyone know 2 big incidents came yesterday? The earth quake in singapore and the seizure of our national asset in Thailand. I think the earth quake is a sign that shows some bad omen about our country.
pinkish purple papayas SG LOL! The opposition parties wards are even denied from HDB upgrades. U want them to takeover govt? We Singaporeans are really wierd people...or should i say stupid...
maurizio13 SG Aiya, I mean in a few general elections time. Some people should understand what other's are talking about before making stupid comments.
(human) SG Any one notice the topic ‘LHL and Ho ching to step down if Shin corp was seized’ has gone missing in speaker corner?
maurizio13 SG Lucky I didn't post anything in there, else they might be knocking on my door right this moment. Hehehe..... Hold on a sec, I go get the door....
Ito_^ SG if u neber reply in 10hrs we can assume u have been taken. prepared to see u on the missing list le.
