socrates469bc Posted July 10, 2021 Share Posted July 10, 2021 i also wish my laopeh got this money give me to burn. https://www.mingtiandi.com/real-estate/finance-real-estate/cdl-agrees-to-buy-51-of-chinas-sincere-property-group/ CDL STRIKES DEAL TO ACQUIRE 51% STAKE IN MAINLAND DEVELOPER FOR RMB 4.39B “Our strategic partnership with Sincere Property marks a major milestone in CDL’s history and represents a game-changing investment for us,” Sherman Kwek, Group Chief Executive Officer at CDL said in a statement. He added that, “This deal will transform the Group’s scale and firmly establish CDL as a major player in China’s property sector.” and fast forward 1 yr......... Singapore property dynasty sees woes piling in China unit https://www.theedgemarkets.com/article/singapore-property-dynasty-sees-woes-piling-china-unit CDL faces turnaround after China debacle https://www.theedgesingapore.com/news/company-news/cdl-faces-turnaround-after-china-debacle 1 1 1 Link to comment Share on other sites More sharing options...
The_King Posted July 10, 2021 Share Posted July 10, 2021 1 hour ago, socrates469bc said: i also wish my laopeh got this money give me to burn. https://www.mingtiandi.com/real-estate/finance-real-estate/cdl-agrees-to-buy-51-of-chinas-sincere-property-group/ CDL STRIKES DEAL TO ACQUIRE 51% STAKE IN MAINLAND DEVELOPER FOR RMB 4.39B “Our strategic partnership with Sincere Property marks a major milestone in CDL’s history and represents a game-changing investment for us,” Sherman Kwek, Group Chief Executive Officer at CDL said in a statement. He added that, “This deal will transform the Group’s scale and firmly establish CDL as a major player in China’s property sector.” and fast forward 1 yr......... Singapore property dynasty sees woes piling in China unit https://www.theedgemarkets.com/article/singapore-property-dynasty-sees-woes-piling-china-unit CDL faces turnaround after China debacle https://www.theedgesingapore.com/news/company-news/cdl-faces-turnaround-after-china-debacle Muhahahahh Link to comment Share on other sites More sharing options...
Cynical Ape Posted July 10, 2021 Share Posted July 10, 2021 And the generations after him are likely going to bankrupt the family fortune. 富不过三代. 3 Good content = Topics that genuinely encourages and stimulates interaction/banter. Bad content = Clickbaits, brag posts and social media news feed that nobody gives a flying fuck about + waste of server storage space Link to comment Share on other sites More sharing options...
socrates469bc Posted July 10, 2021 Author Share Posted July 10, 2021 2 minutes ago, The_King said: Muhahahahh 2 minutes ago, Cynical Ape said: And the generations after him are likely going to bankrupt the family fortune. 富不过三代. actually sherman is not the first and also not the last. in sherman's defence, his bolehsian cousin is not much smarter. theres a reason why his fellow bidders do not want to raise the offer price https://www.theedgemarkets.com/article/hong-leong-confirms-us12b-acquisition-columbia-asia-hospitals https://www.theedgemarkets.com/article/sime-darby-still-considering-spinoff-healthcare-unit 2 Link to comment Share on other sites More sharing options...
socrates469bc Posted July 10, 2021 Author Share Posted July 10, 2021 theres a reason why many bee kok enterprise lived long after the founding owners passed on. at first, Towkay Robert wanted to keep wilmar running under the family blood but faced stiff resistance from their bee kok partners. https://investors.adm.com/news/news-details/2020/ADM-Completes-Previously-Announced-Secondary-Block-Trade-of-a-Portion-of-Wilmar-Ownership/default.aspx#:~:text=ADM will retain at least a 20 percent equity investment in Wilmar. but he seems to come around after the many examples he saw liao. https://www.wilmar-international.com/about-us/leadership 1 Link to comment Share on other sites More sharing options...
Satki Posted July 10, 2021 Share Posted July 10, 2021 Pai Kar Cai is it 1 Link to comment Share on other sites More sharing options...
The_King Posted July 10, 2021 Share Posted July 10, 2021 There a reason why some say. Wealth cannot last 3 generation 1 2 Link to comment Share on other sites More sharing options...
aaur4man Posted July 10, 2021 Share Posted July 10, 2021 China where got so easy to do biz. even our govt also never hear much investment in recent years. they rather dump it in India . 3 Link to comment Share on other sites More sharing options...
socrates469bc Posted July 10, 2021 Author Share Posted July 10, 2021 2 hours ago, Satki said: Pai Kar Cai is it 2 hours ago, The_King said: There a reason why some say. Wealth cannot last 3 generation pai kar kia at most ruin his own family. bo ability crown prince is ruin whole country. just be thxful that the surrounding neighbors either have a laosaing pm or a lame-duck president. 1 2 Link to comment Share on other sites More sharing options...
socrates469bc Posted July 10, 2021 Author Share Posted July 10, 2021 16 minutes ago, aaur4man said: China where got so easy to do biz. even our govt also never hear much investment in recent years. they rather dump it in India . tiongland was a much easier place to do biz back in the 1990s since the country still under various sanctions becos of 1989. i wouldnt touch india either becos of the redtapes and inconsistent policies. or else why u think the tatas, ambanis and mittals all shift their domicile to either uk or netherlands????? 2 Link to comment Share on other sites More sharing options...
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