Others   

GIC and Temasek

The point I wanted to highlight is been mentioned in Straits Times paper "stop harping on the top quality of its candidates as this reinforced the perception that its super-achievers were too removed from the ground".

NO push factor...is that a resason or other wise? Now w/o Mr Goh and Mr Ong there is nothing to stop at......been powerful, still we have Mr Lee and company...on how we can affordable to lose $58 billion in paper lost and make me think of....Noted: LOST $58B, can become CEO again and NO Deadline, Really do not understand, never mind those reason, just don't know how scare we will be, what can happen next after it did a flip and a flop to turn black into white wording and white into black wording. . I m just imagining if it is someone else, d CEO long oredi got the sack liao.

teeth53 tot: Pushing for a 3rd SWF for singapore.

A 3rd SWF will do more health then harm to GIC and Temasick Holding, 3rd SWF has to be run by more independent money minded people's from MAS point of view and/or from the elected Singapore president and it president (wise council) mens point of view...thus..Temasick can release it pressure point to become a more commmercial institution where it citzens can participate...How about that..tell that to Finance Ministry. Mr Tharman.

teeth53 thinking out of norm...

teeth53      ( Date: 29-Aug-2009 11:08) Posted: Talking about been powerful..... Today ST paper published and mentioned about breathing life into musty documents in THE MAKING OF THE MEN IN WHITE...A book published by.... A small paragraph mentioned ...Changes after 1984 election where PAP lost to two (2) candidates..Mr J.B. Jeyaretnam in Anson and Mr Chiam See Tong in Potong Pasir... Thus setting up of a more consultative style... by then Assistant Secretary General Mr Goh Chok Tong and chaired by Mr Ong Teng Cheong, who went on to become second Deputy Prime Minister and elected President and the report was written up by tehn PM LEE son. Mr Lee Hsien Loong, who was a 1st time MP.

 

Talking about been powerful.....

Today ST paper published and mentioned about breathing life into musty documents in

THE MAKING OF THE MEN IN WHITE...A book published by....

A small paragraph mentioned ...Changes after 1984 election where PAP lost to two (2) candidates..Mr J.B. Jeyaretnam in Anson and Mr Chiam See Tong in Potong Pasir...

Thus setting up of a more consultative style... by then Assistant Secretary General Mr Goh Chok Tong and chaired by Mr Ong Teng Cheong, who went on to become second Deputy Prime Minister and elected President and

the report was written up by tehn PM LEE son. Mr Lee Hsien Loong, who was a 1st time MP.

 

Some commented that and this...Do you think you can be sitting on that chair comfortably if you are the CEO of a company that loose ten of billions? Powerful in what? in the first place?

teeth53 tot: Face it. If not that power aful enuff, she long oradi...gone case liao. can't B compare ti

teeth53      ( Date: 21-Aug-2009 20:30) Posted: http://forums.asiaone.com/showthread.php?t=22234&page=4#35 Can anyone name world no-1 for lossing $58 B and or how far compare to those big AngMo bank that lost..?.

 

http://forums.asiaone.com/showthread.php?t=22234&page=4#35

Can anyone name world no-1 for lossing $58 B and or how far compare to those big AngMo bank that lost..?.

 

teeth53 tot: In Temasick Holding...CEO post is as good as just another yesman..one need to understand who is behind pulling those multi string. CEO is powerless but with plenty of money to collect...never mind if it have lost S$58 billion. in six months when plenty of red flag and plenty of warning sign has been put up many months, long before recesiion come along. This is called kinship connection with one and only.....NO need talent and vision, just right connection.and another 10 years wait...:(( remember CEO is powerless, power rest oni with d one curtain behind the screen. 

Working alongside chief executive officer Ho Ching is a top management team with 'a diversity of backgrounds and experiences', according to Temasek's annual report last year.

NOW that Temasek Holdings' bid to hire a leader from outside the company has failed, the spotlight is turning to the possible candidates within. Ms Ho work at Singapore Technologies, while others were recruited from high-level positions at Temasek-linked companies. Several are former military officers.

 

Following 2 scenarios will apease singaporeans :

1) Set up another  Investment Unit (seperate from Temasek) and appoint new person take over leadership.

2) Retain Temasek and  its existing leadership. May consider change the company's name or continue to have same name since it has been quite 'unique'. in some ways...

   

teeth53      ( Date: 20-Jun-2009 10:09) Posted: GIC has made it move timely, so is capitaland. both are making news for the good of either both.  Capital Chairman is Dr Richard Hu Tsu Tau and the Deputy Chairman is Mr Peter Seah Lim Huat. The sole executive director is Mr Liew Mun Leong, who is the President & CEO Just wondering will Temasick make such move..?. B4 she leave....?.

 

Below is just a simple suggestion, just something that can be think out of the box, a little more competition from 3rd SWF to wake up their idea.....Ya. so we can lose less and not more and not better then other.

 

This is what Singapore can show us....and explain to us....On the long term basic. Temasick is just another invesment SWF organisation, showing it willing-ness to buy /sell on short term and lossing as much as S$58 billion or about 40% lost. Under her leadership role..it can only shown us how well she can take on such job and responsibilties on world stage.

Singapore Pool can perform better then Temasick. what Pool can delivery, can Temasick delivery the same benefit and meet those objective ?. Growing a 3rd SWF here in S'pore ?? and run by...any other surname can liao, beside Lee n Dana, they's Tan, Goh, Ng, Ahmad, and many more other surnames :).

Singapore Pools became a wholly-owned subsidiary of the Tote Board, a statutory board under the Ministry of Finance.
I (teeth53) strongly recommended MOF should and with careful thought provide this oppportunty to Singapore Pool as Genting SP is part gaming,  and part gambling company For the sake of all Singaporean this Pools can benefit and meet all objective of what MOF can delivery to singapore.

 

Its more than meet the eyes :) btw this kind of things better to know less :)

teeth53      ( Date: 18-Aug-2009 23:36) Posted:  Tue, Aug 18, 2009 The show has started... Singapore says Temasek has no deadline to find CEO, http://business.asiaone.com/Business/News/Story/A1Story20090818-161818.html "Temasek's leadership remains strong (make me think of d word old), at both the CEO and board level. They have enabled Temasek to sustain its generally superior overall investment performance over the years, including over the last cycle in global markets that began in 2003 (again make me think why 2003 n not any other years)," Tharman said. "There's no push factor for the current CEO to step down," said in response to questions in Parliament. teeth53 thot: To remain strong, in come many more strong guy from d army and get pay a few million, actually...real show is one that is pulling the string behind d screen, spokeman and frontman for one that has power behind the screen...of all. D one and oni in this world. MM Lee has spoken and open-ly given his blessing and every Singapoeran believe in it. "Chin Ho Chin Ho", very good move and good blessing from...god know...Ya. NO push factor...is that a resason or other wise. I m just imagining if it is someone else, d CEO long oredi got the sack liao. Noted: LOST $58B, can become CEO again and NO Deadline, Really do not understand, never mind those reason, just don't know how scare we will be, what can happen next after it did a flip and a flop to turn black into white wording and white into black wording. How in this part of this world called Singapore, word can be turn black into white n white into black. Can anyone very top so called very talented citizen with power can explain, beside ministry Tharman or stop only at his ministry level as we oni got two SWF, (GIC by Lee  n Temasick for Dana) Who is who listening to who...GOD KNOW.

 

 Tue, Aug 18, 2009 The show has started...

Singapore says Temasek has no deadline to find CEO, http://business.asiaone.com/Business/News/Story/A1Story20090818-161818.html "Temasek's leadership remains strong (make me think of d word old), at both the CEO and board level. They have enabled Temasek to sustain its generally superior overall investment performance over the years, including over the last cycle in global markets that began in 2003 (again make me think why 2003 n not any other years)," Tharman said. "There's no push factor for the current CEO to step down," said in response to questions in Parliament. teeth53 thot: To remain strong, in come many more strong guy from d army and get pay a few million, actually...real show is one that is pulling the string behind d screen, spokeman and frontman for one that has power behind the screen...of all. D one and oni in this world. MM Lee has spoken and open-ly given his blessing and every Singapoeran believe in it. "Chin Ho Chin Ho", very good move and good blessing from...god know...Ya. NO push factor...is that a resason or other wise. I m just imagining if it is someone else, d CEO long oredi got the sack liao. Noted: LOST $58B, can become CEO again and NO Deadline, Really do not understand, never mind those reason, just don't know how scare we will be, what can happen next after it did a flip and a flop to turn black into white wording and white into black wording. How in this part of this world called Singapore, word can be turn black into white n white into black. Can anyone very top so called very talented citizen with power can explain, beside ministry Tharman or stop only at his ministry level as we oni got two SWF, (GIC by Lee  n Temasick for Dana) Who is who listening to who...GOD KNOW.

 

Retiring as CEO..NO problem, push up to be Chairman, got problem, been  vice-chairman no problem, so been as CEO laigi where got problem, the problem is who is hehind the curtain putting up those show.

 

Curtain behind the show.just who and who is pulling the string...Ya. It's just a show in any way.

http://news.asiaone.com/News/the%2BStraits%2BTimes/Story/A1Story20090818-161676.html

MPs to discuss Goodyear's exit from Temasek,  Tue, Aug 18, 2009
The Straits Times By Kor Kian Beng

Temasek Holdings will come under the spotlight when Parliament sits today.

Three Members of Parliament, including Mr Lim Biow Chuan (Marine Parade GRC), have tabled questions on it.

Readers' comments and answer is here.

This, perhaps is more dramatic than Taiwan drama. End of the day, she's still in the position, without having to account for her decisions for Temasek's poor investments back then. No wonder she "didn't regret". Seems like "iron ricebowl" still exist in this reality.
All UNDER CONTROL!!! Anyone see her employment contract? CEO for life, meanwhile other may not agree...I don't agree. Perhaps she may be "promoted" to positions equivalent to SM and/or MM?

 

Just make me wondering BEHIND d certain who is pulling the string and the show...Ya

Food for thought...poor PR skill selling those idea to public, said different strategic and making a fast on strategies difference or lack of someone capable to take over. there is not, no body to take over..it is who and who is in control.....Ya.

teeth53      ( Date: 26-Jul-2009 12:15) Posted: Posted: 20-Jun-2009 GIC has made it move timely, so is capitaland. both are making news for the good of either both.  Capital Chairman is Dr Richard Hu Tsu Tau and the Deputy Chairman is Mr Peter Seah Lim Huat. The sole executive director is Mr Liew Mun Leong, who is the President & CEO Just wondering will Temasick make such move..?. B4 she leave....?. Dated July 26, 2009. (Sunday) No way, not leaving in anyway as published in Straits Times paper...make me think why so ?. as Dana is around for Err..30years, she can also be around anytime for next 20 years.  Is all about strengthen kinship spirit in itself. "Err...Sama Sama Juga", does it in difference style and at difference time. teeth thot: it has happen in China many thousand years ago, so it can evolve again and again teeth53      ( Date: 21-Jul-2009 23:00) Posted: "Kaki Nun Pa Si Bo Siang Kang" HoHoHo..Ching Ho...Ho Ching All the talk of...All rubbish...All lesson they will not ever learn..seem all pointing to that way. Our CEO cannot compare with.....

 

Posted: 20-Jun-2009

GIC has made it move timely, so is capitaland. both are making news for the good of either both.  Capital Chairman is Dr Richard Hu Tsu Tau and the Deputy Chairman is Mr Peter Seah Lim Huat. The sole executive director is Mr Liew Mun Leong, who is the President & CEO Just wondering will Temasick make such move..?. B4 she leave....?. Dated July 26, 2009. (Sunday) No way, not leaving in anyway as published in Straits Times paper...make me think why so ?. as Dana is around for Err..30years, she can also be around anytime for next 20 years.

Is all about strengthen kinship spirit in itself. "Err...Sama Sama Juga", does it in difference style and at difference time.

teeth thot: it has happen in China many thousand years ago, so it can evolve again and again

teeth53      ( Date: 21-Jul-2009 23:00) Posted: "Kaki Nun Pa Si Bo Siang Kang" HoHoHo..Ching Ho...Ho Ching All the talk of...All rubbish...All lesson they will not ever learn..seem all pointing to that way. Our CEO cannot compare with..... teeth53      ( Date: 27-Jun-2009 13:04) Posted: GIC and especially Temasick Holding have a lesson or two to, to learn from JP Morgan. Nothing succeeds like success, not merely said we r better off then other and LOST S$58 billion. buy high and sold low with a small term of excellence top talented staffs earning million $$$. http://money.cnn.com/2009/06/26/news/companies/jpmorgan.underwriting.fortune/index.htm?postversion=2009062609 Analysts have been gushing about JPMorgan's success during the financial crisis of the past two years. Led by CEO Jamie Dimon, the bank has benefited from the tumult, having been chosen by the government to buy troubled rivals Bear Stearns and Washington Mutual when they were at death's doorstep.

 

Temasick has lost it credible trust worthiness in naming a successor to take over as CEO

Singapore Pools became a wholly-owned subsidiary of the Tote Board, a statutory board under the Ministry of Finance.

On the long term basic. Temasick is just another invesment SWF organisation, showing it willing-ness to buy /sell on short term and lossing as much as S$58 billion or about 40% lost. Under her leadership role..it only can shown us how well she can take on such job and responsibilties on world stage.

I (teeth53) strongly recommended MOF should and with careful thought provide this oppportunty to Singapore Pool as Genting SP is part gaming,  and part gambling company For the sake of all Singaporean this Pools can benefit and meet all objective of what MOF can delivery to singapore.

Singapore Pools was established in 1968 for the dual objective of combating illegal gambling operators and channeling gaming revenues for good causes.

Singapore Pools is a legal lottery operator incorporated by the Singapore Government in 1968 in a bid to curb the illegal gambling that was rampant in the 1960s. From 1 May 2004,
We aim to provide a legal avenue for betting in Singapore to counter illegal betting syndicates, and to devote surplus earnings towards worthy causes that serve the needs of the community.

Singapore Pools is a member of the World Lottery Association (WLA), an international body of lottery organisations and the Asia Pacific Lottery Association (APLA).

The WLA calls on game operators to conduct their business fairly and justly based on established industry norms; and to take their corporate citizenship seriously for channelling proceeds to the deserving in the community. At the same time, lottery and gaming organizations are encouraged to act responsibly on the issues of problem gambling and underage betting.

The Association also aspires to be a proactive force, meeting the needs of the lottery industry worldwide. Through international seminars, professionals from the gaming industry can better manage an increasingly complex environment by sharing ideas, experiences and solutions.

 

Make me think of all black bird is BLACK..A spot is a spot..never change..Best of all word is turn from black to white and white to black

 

"Kaki Nun Pa Si Bo Siang Kang" HoHoHo..Ching Ho...Ho Ching

All the talk of...All rubbish...All lesson they will not ever learn..seem all pointing to that way.

Our CEO cannot compare with.....

teeth53      ( Date: 27-Jun-2009 13:04) Posted: GIC and especially Temasick Holding have a lesson or two to, to learn from JP Morgan. Nothing succeeds like success, not merely said we r better off then other and LOST S$58 billion. buy high and sold low with a small term of excellence top talented staffs earning million $$$. http://money.cnn.com/2009/06/26/news/companies/jpmorgan.underwriting.fortune/index.htm?postversion=2009062609 Analysts have been gushing about JPMorgan's success during the financial crisis of the past two years. Led by CEO Jamie Dimon, the bank has benefited from the tumult, having been chosen by the government to buy troubled rivals Bear Stearns and Washington Mutual when they were at death's doorstep.

 

saving cost means profit up so foreign workers came and many foreigners replace local doctors, engineers, office adnimistrators, bus drivers..... and may be a good idea to replace goverment b'cos they are cheap ! why do we need the highest paid goverment ?

 

 http://money.cnn.com/2009/06/26/news/economy/madoff_sentence/index.htm?postversion=2009062622

teeth53      ( Date: 14-Dec-2008 09:04) Posted: Bernard L. Madoff, 70, facing a single count of securities fraud, declined to speak with reporters after a federal magistrate judge in U.S. District Court in Manhattan ordered him released Thursday night on $10 million bail. (US5Bil) They trusted him with everythings. They trusted him with everythings...Ya (which mean it is very, very dangerous if one man were to made a misjudgement. We all DEAD) and will our own regulators ignore d RED flags ?. when Sharejunction posted early warning is abundance for years, since mid 2007. Will it happen here in Singapore, where the regulators have any moral authority to check on those loop hole pending those who rule or enable to make decision for cheating Here a lesson we all need to learn and it make me think of how our public funded money were to be invested oversea where early warning is abundance for years.

 

GIC and especially Temasick Holding have a lesson or two to, to learn from JP Morgan.

Nothing succeeds like success, not merely said we r better off then other and LOST S$58 billion. buy high and sold low with a small term of excellence top talented staffs earning million $$$.

http://money.cnn.com/2009/06/26/news/companies/jpmorgan.underwriting.fortune/index.htm?postversion=2009062609

Analysts have been gushing about JPMorgan's success during the financial crisis of the past two years. Led by CEO Jamie Dimon, the bank has benefited from the tumult, having been chosen by the government to buy troubled rivals Bear Stearns and Washington Mutual when they were at death's doorstep.