Brother brother...there are many reason why govt privatised
state own companies, first is to let their peoples learn the hard
trade of business, remember the iron rice bowl theme, govt is
trying to remove it...another...
is one of the most important to them, to deviate responsibility
and yet earn good profits, power suppy, SPC, CNG, hyflux, ST
marine, keppel and so on, all privatised, POSB, DBS, Singtel,
starhub so, what happen. Last time when govt increase
electricity, water and oil prices, all kpkb the govt, fark them
upside down, now, they tell you, sorry, these are all run privately
with Founder and CEOs who have good citations and reputation, and
these prices increase are all due to market forces, economy
forces...not us.
You see the picture? Now why cdg privatised? why TC run by
private, why SMRT got CEO? because they can raise fares up to them
mah, not govt problem hor, but behind the scene, they profited
This companies we have been discussing not even state own before
what.....
As long the company profile don't have the existance of GIC
link, than we shall not presume or assume there is.....
Than you put all those wu bo companies together and compare, how
can?.....
Since we only talking about Hyflux.....What Singtel, DBS should
not cum into picture leh.....
And please don't tell me they are all link....
Maybe Tiong Woon also goberment own? they have at least 70% of
crane business in SG? LJ la......
