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Goodyear n Temasek
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teeth53
Supreme |
26-Jul-2009 11:35
Yells: "don't learn through life, learn to grow with life " |
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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. |
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teeth53
Supreme |
25-Jul-2009 19:11
Yells: "don't learn through life, learn to grow with life " |
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Somemore 1 2 to on d roll...said don't 1 such post and onbody to take over right on d news paper. Just can't imagine what further execuses can come out with...so make S'pore paper lost S$58 billion is nothing, like so affordable, MOF is very rich and not people's $$$, then what ?. Money is pluck from d air ? . Another army guy roll a few million with just a YES man. Full of black bird turn white and white also turn black bird. So long as one listen...Money talk..Power politic. W/o people's working hard earning money and company keep pushing hard to MOVE ON to target and with full support, will Temasick have todate to enjoy such lost ?. "Ching Ho ching ho...Ya" This is not a goodyear for goodyear about goodyear.
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teeth53
Supreme |
25-Jul-2009 18:52
Yells: "don't learn through life, learn to grow with life " |
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Dana around for a long time...new coming oni just a few years, so another 20years on d roll..Not a surprise at all. likely chossen one to take over is d new comer. Ching Ho, ching ho. All about look for someone to task over / takeover...All rubbish. Money talk..Power politic. Mark my word for another 20 years. |
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dcang84
Veteran |
25-Jul-2009 15:01
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Hey bro, welcome back.
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tchoonw
Veteran |
25-Jul-2009 14:56
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who is a saf scholar also...but only a 'yes' chap in temasick!
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teeth53
Supreme |
25-Jul-2009 12:43
Yells: "don't learn through life, learn to grow with life " |
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HoHoHo....Ching Ho, .Ching Ho..Ho Ching "wow piang Wei...Bo Swee lehh". No goodyear liao, cling on power come 20years later. Watch my word Like the oldman...Err...tink tink is more then 30 years liao. it is reserve.....come 20 years later Other then...Who would 1 2 b potiential CEO and get ready to b cut, paste and chop. Err..crop Black is white and white is also black..the power behind the curtain..Mis.T..Boleh..Ya.
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knightbridge
Veteran |
23-Jul-2009 19:46
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When the going get tough, the management is no where to be seen.. When the good times is back, the management are there to claim the credits.. |
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AK_Francis
Supreme |
23-Jul-2009 10:52
Yells: "Happy go lucky, cheers." |
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The broom star made AK took 80 k less while retired, in 2006. Really big wok, but just use d... hit the head loh. D gov Investment Scheme, recommended by PWC in 2000 still exist. As far as d investment returns r -ve, be it the accrued gratuity or pension lump sum, would be shrinked, if retired or exit fr service in near term, esp those opted Dynamic Investment Scheme.
Recommendation, if above 50, opt for Stable scheme liao, not even Balance scheme.
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ten4one
Master |
23-Jul-2009 10:42
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It was supposed to be a Goodbuy., unfortunately, it turns out to be Goodbye Cheers!
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jasonfaxingliu
Senior |
22-Jul-2009 20:29
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So the Green Lady Ho is back and I wonder how much more of our money she is going to evapourate ! As a hardworking citizen with experience and wisdom can't even get very small financial assistant (despite goverment vow to help) ? |
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Hulumas
Supreme |
22-Jul-2009 19:33
Yells: "INVEST but not TRADE please!" |
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Congratulations to both of them for their future bright career and strong endeavor.
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DanielXX
Member |
22-Jul-2009 18:13
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Short Olam down to 15X PE. It's a bubble stock. | ||||
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ticklish8
Senior |
22-Jul-2009 17:45
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The reason why Goodyear left.... according to Reuters... SINGAPORE, July 22 (Reuters) - Singapore state investor Temasek’s plan to bring in its first foreign CEO lies in tatters as CEO-designate Chip Goodyear walked out less than six months after he was named to the top post. The departure of American Goodyear, a former BHP Billiton head, is a setback for Temasek as it tries to present a more international image, after its close government links meant its investments in Southeast Asia and the West drew fire from the public, regulators and lawmakers outside the city-state. His exit may not create a leadership vacuum, given CEO Ho Ching, the wife of Singapore’s prime minister, and her management team are still intact, and may continue to pursue an investment strategy focused on emerging markets. But as the company searches for a new CEO, top talent of Goodyear’s calibre would be wary of moving to the hot seat after his dramatic departure. WHY DID GOODYEAR LEAVE? Goodyear’s decision to leave likely was made after a board meeting last week when he put in a list of proposals and changes he wanted to make after taking the helm on Oct. 1, sources with knowledge of the meeting told Reuters. But the proposals ran into trouble with the board, the sources said. It must have become clear to Goodyear then that running a state-linked firm is a much bigger challenge than running a privately-held company. Goodyear was expected to diversify the portfolio, currently loaded with banks, by moving more into commodities and energy. He was also expected to improve risk management after Temasek lost over $4 billion in Bank of America and Barclays due to early exits. He was widely expected to make management changes. “With Goodyear widely expected to implement significant changes to Temasek’s investment strategy, the failure in reaching agreement between him and the board suggests that the fund is not ready for a big shift in direction,” said Sherman Chan, an economist at Moody’s. Temasek declined to comment for this story and Goodyear was not available to comment. WILL IT HAVE ANY MATERIAL IMPACT ON TEMASEK? His exit is not seen having any financial impact on Temasek or on markets given he had still not assumed charge at the company. Temasek owns large stakes in Singapore companies such as DBS and Singapore Telecommunications . Shares of both DBS and SingTel were unaffected by the news and were either slightly higher or flat on Wednesday. WILL TEMASEK’S STRATEGY CHANGE? Goodyear’s leaving may slow the company’s drive toward resources, which he would have spearheaded with his strong mining experience at BHP. Recently, Temasek took a 14 percent stake in Olam International , which investors saw as a sign of the firm’s move into commodities. Temasek, with $84 billion of assets as of November, is likely to continue to be aggressive in emerging markets, notably in China, where it recently poured $600 million into China Construction Bank and is in talks to start a $1-$2 billion infrastructure fund. A few months after Goodyear was named CEO-designate, Temasek’s Ho stated the company was rebalancing its portfolio towards emerging markets and Asia and cutting exposure to developed markets. Temasek is also likely to trim its exposure to financials on concerns returns from the banking sector will be affected by tighter regulation and curbs on excessive risk-taking. “We believe Temasek’s broader strategy will continue in line with the geographical allocation mix announced by Ms Ho in May,” said Jit Soon Lim, a Nomura analyst. With Ho at the helm, there will be continuity although Temasek may need to address the issue of its sectoral diversification given that it has a large 40 percent asset allocation in financials, he said. WHAT NOW FOR GOODYEAR? It is unclear what he will do next, but at age 51 Goodyear still has time on his side and could end up at a top position in a global mining or energy firm. Goodyear is currently believed to be on vacation. (Additional reporting by George Chen in HONG KONG; Editing by Neil Chatterjee and Muralikumar Anantharaman) |
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asyjtan
Member |
22-Jul-2009 12:23
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Unbelivable, what's wrong? Another dismissal case was reported by Zaobao: http://www.zaobao.com/sp/sp090722_005.shtml 乒总国青队总教练 徐向东遭开除 （2009-07-22） 早报导读 中国民委官员：少数民族政策是成功的 中国国家民族事务委员会副主任吴仕民说，中国少数民族政策实质是促进各民族团结、平等、和谐。 韶关：新疆员工自愿来工作 不存在剥削问题蔡逸儒：从高雄世运检视两岸关系淡马锡候任总裁突请辞 何晶继续留任总裁 ● 吴秀金乒总秘书长孙敏慎和技术经理黎仕汉在两个星期前以“不敬业”、“队伍管理不善”和“无法取得球员信任”为理由，决定提早与徐向东解约，并愿意补偿三个月的薪水。 亚青运才结束，连庆功宴都还没来得及办，我就接到这样的消息。我当了20多年教练，从来没有遇到这种情况，真叫人感到寒心。 ——徐向东 |
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ten4one
Master |
22-Jul-2009 09:36
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Temasek didn't have a Goodyear......so to speak Cheers!
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dcang84
Veteran |
22-Jul-2009 09:19
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I think they have one senior manager that looks like Kim of NK. | ||||
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jasonfaxingliu
Senior |
22-Jul-2009 08:08
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some similarity with North Korea.... | ||||
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des_khor
Supreme |
22-Jul-2009 00:52
Yells: "Tell me who is the God or MFT from this forum??" |
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Just because last year and this year are not a good year ?? | ||||
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teeth53
Supreme |
21-Jul-2009 22:51
Yells: "don't learn through life, learn to grow with life " |
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"Kaki Nun Pa Si Bo Siang Kang" | ||||
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teeth53
Supreme |
21-Jul-2009 22:48
Yells: "don't learn through life, learn to grow with life " |
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What a BIG JOKES....Ya..."Kaki nun pa si bo siang Ka" "Gua Ho Chu ho Liao" HoHoHo....Ching Ho...Ho Ching "wow piang Wei...Bo Swee lehh". Power talk..Power politic. All about look for someone to task over / takeover...All rubbish. Oldman can resign, so is the house lady can somemore SAID..Said somemore big..BIG. |
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