Monthly Archives: February 2019

Was Temasek scammed of $1.6 billion?

In January 2013, Temasek director Glenn Corrie informed the company that he would be joining “Ophir Energy Plc as a commercial director based in London”. (“Director of energy investments at Temasek Holdings resigns“) Coincidentally or otherwise,Temasek purchased a 20% interest in Tanzanian … Continue reading

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Did Temasek lose $1.6 billion in Tanzanian investment?

In November 2013, Temasek (through newly set up Pavilion Energy) bought a 20% interest in Tanzanian Blocks 1,3 and 4 from Ophir Energy. (“Ophir in $1.3 bln deal with Temasek unit for Tanzania gas“) In August 2014, Ophir reported a US339.1 million after-tax … Continue reading

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Not only HDB but leasehold private property time bomb has also started ticking

On 19 July 2005, new CPF limits were imposed on 99-year leasehold private property (LPP) with a lease of less than 60 years. There was of course no impact because very few 99-year LPPs were approaching 40 years. Today, the … Continue reading

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FB images from 9 Jan to 10 Jan 2019

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FB images from 14 Jan to 15 Jan 2019

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