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Temasek Holdings ...... Piggy Bank broken?


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I rather just have my money back. I remember this story from long time ago...

 

故事说的是阿凡提到地主家借锅还的时候锅上还放了一口小锅地主就问你只借了一个锅怎么还回来了两个呢阿凡提回答说借去的这口锅在他家生了一个小锅所以一起还回来了。地主很高兴地收下了告诉他以后想用锅就来借。

很快阿凡提将地主家最大的那口锅借走了然后一直都没有还。地主去要阿凡提说那口锅死了。地主很生气地问锅怎么会死呢阿凡提回答锅都可以生孩子怎么就不会死呢地主很生气但是拿他没有办法。

 

梁老师 never fail to tell the stories in the funniest way...

 

LOL...

I am also not greedy. I just want my monies back, together with a decent rate of return. Definitely not the pittance 2.5% p.a. they are offering for the 40 years lock up period.

But then, this is typical fund management structure, investors take downside while managers take a fee and all upside. [evil laugh]

Edited by Voodooman
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LOL...

I am also not greedy. I just want my monies back, together with a decent rate of return. Definitely not the pittance 2.5% p.a. they are offering for the 40 years lock up period.

But then, this is typical fund management structure, investors take downside while managers take a fee and all upside. [evil laugh]

FUN managers

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Ok... more good news.

GIC also got share.

 

http://www.thestar.com.my/Business/Business-News/2014/09/18/Khazanah-to-gain-from-investment-in-Alibaba/

 

"It was reported that funds that took up the preferred shares were Hong Kong multi-billion hedge funds Janchor Partners Ltd and Myriad Asset Management Ltd, US mutual fund giant Fidelity Investments’ affiliate, Viking Global Investors, and Singapore Government funds GIC and Temasek Holdings Pte Ltd.

The preferred shares will automatically be converted into common shares at US$18.50 apiece at the IPO, giving the holders around a collective 3.9% stake in Alibaba, valued at over US$6bil. At that point, Alibaba was valued at around US$40bil."

 

Assuming the 5 mentioned take equal share, GIC will have about 0.8%.

0.8% of US$220b= US$1.7b.

 

lets see... how much will get to the people.

 

Maybe our oppo MP should question our FM how much GIC and Temasek made from Alibaba...

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Ok... more good news.

GIC also got share.

 

http://www.thestar.com.my/Business/Business-News/2014/09/18/Khazanah-to-gain-from-investment-in-Alibaba/

 

"It was reported that funds that took up the preferred shares were Hong Kong multi-billion hedge funds Janchor Partners Ltd and Myriad Asset Management Ltd, US mutual fund giant Fidelity Investments’ affiliate, Viking Global Investors, and Singapore Government funds GIC and Temasek Holdings Pte Ltd.

The preferred shares will automatically be converted into common shares at US$18.50 apiece at the IPO, giving the holders around a collective 3.9% stake in Alibaba, valued at over US$6bil. At that point, Alibaba was valued at around US$40bil."

 

Assuming the 5 mentioned take equal share, GIC will have about 0.8%.

0.8% of US$220b= US$1.7b.

 

lets see... how much will get to the people.

 

Maybe our oppo MP should question our FM how much GIC and Temasek made from Alibaba...

 

Let's pray that Jack Ma dont run foul with the Chinese government ... otherwise, short selling becomes the flavour of the day.

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On 5/1/2023 at 4:33 PM, gll99530 said:

did anyone here invest in temasek holdings

I don't think we got a choice.

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