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kueytoc

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Everything posted by kueytoc

  1. By John Burton in Singapore, FT Wed Sep 20, 10:35 AM ET Singapore could suffer the most among countries in the region from the military coup against Thaksin Shinawatra, the Thai prime minister, who forged close ties with the city-state and sold his telecommunications group to Singapore's state investment company. It was the $1.9bn sale of a 49 per cent in Shin Corp by Mr Thaksin's family to Temasek Holdings in January that triggered the political crisis that led to the coup after it was revealed the family paid no taxes on profits from the deal. Mr Thaksin was seen by Singapore as its strongest supporter for closer economic integration of the Association of South-east Nations, which provoked talk of a Singapore-Bangkok axis within the group. The ousted Thai leader also expressed admiration for Singapore's political system, telling Singapore officials that he wanted to model his Thai Rak Thai party on the long-ruling People's Action party. Mr Thaksin decided to sell Shin Corp to Temasek to dispel allegations of conflicts of interest between his family's corporate holdings and his government duties as he prepared to stand for a third term as prime minister. The deal turned out to be the most controversial conducted by Temasek since Ho Ching, the wife of Singapore's prime minister, became the group's chief executive in 2002 and launched an ambitious global acquisition strategy. Public protests in Thailand over the deal have led to a nearly 40 per cent fall in Shin Corp's share price since then. In April, Lee Hsien Loong, Ms Ho's husband, told parliament that "Temasek invested in Shin Corp because it saw value in the investment" but added it was not government policy "to second guess Temasek's risk assessments". A former senior Singapore official, however, criticised Temasek's handling of the deal in light of Mr Thaksin's growing unpopularity at the time. "Temasek did financial due diligence, but not political due diligence," he told the Financial Times. Temasek said it had considered all aspects in concluding the deal. A Temasek-led consortium increased its stake to 96 per cent in Shin Corp under a mandatory offer, but the takeover has been investigated by Thai regulators over whether Temasek used proxy companies to avoid a 49 per cent ceiling on foreign ownership in strategic industries. Temasek said it fully complied with Thai law. Michael Montesano, a Thai specialist at the National University of Singapore, believed it was unlikely a new government would nullify the Shin Corp deal, but Temasek might have to reduce its stake if it was found in breach of foreign shareholding limits. Temasek said it was premature to comment on the coup's impact.
  2. time to give free frags liao.
  3. wah LR in ya freezer compartment & I'm sure it must be 'stinko' & be careful of food poisoning hor. Don't play play !
  4. Chengai wood can tahan better & longer.
  5. I've tried before & they juz wouldn't survive for more than a mth in captivity no matter how much nutrients u feed them. They juz shriveled in size till u only see a 'Sponge Bob'. My advice is to be prepared to discard them b4 they pollutes ya water parameters. Hard choice but no choice if u want to play safe lor.
  6. gonna flash some BLUE MOVIEs for ya delights ! a BLUE MOVIE featuring Blackie the Leopard Wrasse-man !
  7. Aiyoh, give our fair-feathered friend a break lah. It needs to release its pent-up energy loh. Afterall, there's not many visitors there until now. By the way, they also got Blue Neons for ya taking.
  8. I think the season over cos' winter is coming in the Atlantic.
  9. no need to wait for ya Ti-Ti-5...ya office bright FL lights can do the job already. Otherwise, I can lend u my trusty EVEREADY torchlight.
  10. It's wicked to see more & more ###### CHICKS explaining techie terms & setups in mini-shorts, bosom-bulging V-cut dresses , fishnet blouse etc. etc. in STOMP. Those soft willowy cuties surely are no GEEKS ! Blind me, I'm feeling the 'itsy bitsy' especially trying to figure the faint sentences that are usually overshadowed by their ahem...curvaceous bods. Intentional by STOMP ? However, I felt that these images are not 'technically healthy' for a growing-up hormone-charged young beat generation. What do u think folks ?
  11. Ahoy, Hawaii shipments expected in the East side later tis week...
  12. Oops, Octo is known to be an elusive & secretive creature. It's a well known fact that they hide in rocks & crevices most of their lifetime. So dun dump the poor stringly fella into ya sump juz becos' it is not an 'exhibitionist'.
  13. not really 'empty' lah...u can still admire the copepods & wiggly worms snuggling in the cool comfort of ya luxurious tank.
  14. A lot of reefers selling CRs in Pasar Malam. Do check it out for special resale prices.
  15. 2 Multi-colors Angels (2-3 inch sized), plenty Juv Emperors Angels, Midnite Angel, saddle-backed clowns spotted at Ah Beng LFS. IWARNA...1 mid-sized Watanabei Angel Female, plentiful Blue Tangys. Mmmm...nice AT & Male Japanese Swallowtail at Acros Tank but not for sale though. Reef N Nature, plentiful hammers, organ pipes, bubbles, cynarinas, gonios...
  16. Mine even better lor...current swept every few mins by my wicked TUNZE wave-rocker !
  17. are ya referring to new stock shipment today or juz a general overview of the place ?
  18. Are ya sure u keeping a marine tank or perhaps creating 'Tsunamis' complete with 'whirlpool' & 'lightning' stormy effect ?
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