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tongphlp Supreme	06-Mar-2025 12:04        tongphlp About Contact  Quote this Post!
x 0   x 0  Alert Admin	ok, fire the ceo since it is doable... BinderyT      ( Date: 06-Mar-2025 11:43) Posted: Board is not held accountable based on whether they approved the deal or not.   If it goes to court, the key questions are whether the board has executed due diligence in the review process and whether the deal was accurately presented by management and executed.   Note that in Sincere' s case, the board was obviously split with a dissenting director resigning. Firing the board is also not do-able as they also represent the majority shareholders. finjungle      ( Date: 06-Mar-2025 11:25) Posted: Such a hugh investment would have been subjected to due  diligence and reviewed by Risk Committee and before makoing the investment subject to approval by the board of directors.  Shouldn' t the whole board take full responsiblity and resigned?
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BinderyT Elite	06-Mar-2025 11:43        BinderyT About Contact  Quote this Post!
x 0   x 0  Alert Admin	Board is not held accountable based on whether they approved the deal or not.   If it goes to court, the key questions are whether the board has executed due diligence in the review process and whether the deal was accurately presented by management and executed.   Note that in Sincere' s case, the board was obviously split with a dissenting director resigning. Firing the board is also not do-able as they also represent the majority shareholders. finjungle      ( Date: 06-Mar-2025 11:25) Posted: Such a hugh investment would have been subjected to due  diligence and reviewed by Risk Committee and before makoing the investment subject to approval by the board of directors.  Shouldn' t the whole board take full responsiblity and resigned?  BinderyT      ( Date: 06-Mar-2025 10:38) Posted: In any normal company, a CEO who pushed and executed an initiative that resulted in $ billions of losses would have been fired long ago
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tongphlp Supreme	06-Mar-2025 11:36        tongphlp About Contact  Quote this Post!
x 0   x 0  Alert Admin	wah...a can of worms opening now...let the witch hunt begin... he tell me do leh..no leh, i tell u do u can dont do.. finjungle      ( Date: 06-Mar-2025 11:25) Posted: Such a hugh investment would have been subjected to due  diligence and reviewed by Risk Committee and before makoing the investment subject to approval by the board of directors.  Shouldn' t the whole board take full responsiblity and resigned?  BinderyT      ( Date: 06-Mar-2025 10:38) Posted: In any normal company, a CEO who pushed and executed an initiative that resulted in $ billions of losses would have been fired long ago
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finjungle Veteran	06-Mar-2025 11:25        finjungle About Contact  Quote this Post!
x 0   x 0  Alert Admin	Such a hugh investment would have been subjected to due  diligence and reviewed by Risk Committee and before makoing the investment subject to approval by the board of directors.  Shouldn' t the whole board take full responsiblity and resigned?  BinderyT      ( Date: 06-Mar-2025 10:38) Posted: In any normal company, a CEO who pushed and executed an initiative that resulted in $ billions of losses would have been fired long ago. haizzz      ( Date: 06-Mar-2025 10:35) Posted: Agree. CEO supposed to lead and take responsibility. Otherwise any Tom, Dick and Harry can be a CEO.
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tongphlp Supreme	06-Mar-2025 11:22        tongphlp About Contact  Quote this Post!
x 0   x 0  Alert Admin	punters 1 - shareholders 0 MrBear12      ( Date: 06-Mar-2025 09:30) Posted: There are no winners in this. Lose lose Very sad. Shareholders crying till NOMORETEARS tongphlp      ( Date: 06-Mar-2025 09:27) Posted: singapore pools should allow betting....how should the payout be like? bet on SK to win - payout $1m for each $1 bet
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tongphlp Supreme	06-Mar-2025 11:21        tongphlp About Contact  Quote this Post!
x 0   x 0  Alert Admin	yes. ceo is hired to lead the company. if all is well and good, ok and bonuses are disgustingly crazy. if losses are made (which in this case $2b), most ceos in commercial outfit would be given the sack and led to the door..except CDL..they have too many doors.. BinderyT      ( Date: 06-Mar-2025 09:51) Posted: Serman is not just the CEO but also a board member.   Yes, the decision was approved by the board but Sherman, being the member who brought the deal to the table and actively pushing it as a " game changer" has to take responsibility for poor judgement.   Board meets once a quarter, they rely on management who runs the company on ongoing basis. tongphlp      ( Date: 06-Mar-2025 09:16) Posted: witch hunt! ceo blame board members and vice versa... i like what you said - he was merely an executer...u tell me to do i just do it..
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BinderyT Elite	06-Mar-2025 10:38        BinderyT About Contact  Quote this Post!
x 0   x 0  Alert Admin	In any normal company, a CEO who pushed and executed an initiative that resulted in $ billions of losses would have been fired long ago. haizzz      ( Date: 06-Mar-2025 10:35) Posted: Agree. CEO supposed to lead and take responsibility. Otherwise any Tom, Dick and Harry can be a CEO.
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haizzz Senior	06-Mar-2025 10:35        haizzz About Contact  Quote this Post!
x 0   x 0  Alert Admin	Agree. CEO supposed to lead and take responsibility. Otherwise any Tom, Dick and Harry can be a CEO.
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BinderyT Elite	06-Mar-2025 09:51        BinderyT About Contact  Quote this Post!
x 0   x 0  Alert Admin	Serman is not just the CEO but also a board member.   Yes, the decision was approved by the board but Sherman, being the member who brought the deal to the table and actively pushing it as a " game changer" has to take responsibility for poor judgement.   Board meets once a quarter, they rely on management who runs the company on ongoing basis. tongphlp      ( Date: 06-Mar-2025 09:16) Posted: witch hunt! ceo blame board members and vice versa... i like what you said - he was merely an executer...u tell me to do i just do it... finjungle      ( Date: 05-Mar-2025 19:46) Posted: Reading the press release by KLB, the fight is far from over. Could Sherman just lie down and take all the blame for the loss of $1.9 billion in China? One of the directors said he should concentrate on recovering the loss. Surel,y he could not make such a decision on his own. The whole board would have been involved. He was merely the executioner of the board' s decision
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MrBear12 Supreme	06-Mar-2025 09:30        MrBear12 About Contact  Quote this Post! Style: Combined   Mood: Yells: "Cast all our anxieties on Jesus for He cares for us"
x 0   x 1  Alert Admin	There are no winners in this. Lose lose Very sad. Shareholders crying till NOMORETEARS tongphlp      ( Date: 06-Mar-2025 09:27) Posted: singapore pools should allow betting....how should the payout be like? bet on SK to win - payout $1m for each $1 bet? MrBear12      ( Date: 05-Mar-2025 20:19) Posted: Fight just started. Stay out for awhile. Watch and lear
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tongphlp Supreme	06-Mar-2025 09:27        tongphlp About Contact  Quote this Post!
x 0   x 0  Alert Admin	singapore pools should allow betting....how should the payout be like? bet on SK to win - payout $1m for each $1 bet? MrBear12      ( Date: 05-Mar-2025 20:19) Posted: Fight just started. Stay out for awhile. Watch and learn finjungle      ( Date: 05-Mar-2025 19:46) Posted: Reading the press release by KLB, the fight is far from over. Could Sherman just lie down and take all the blame for the loss of $1.9 billion in China? One of the directors said he should concentrate on recovering the loss. Surel,y he could not make such a decision on his own. The whole board would have been involved. He was merely the executioner of the board' s decision
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tongphlp Supreme	06-Mar-2025 09:16        tongphlp About Contact  Quote this Post!
x 0   x 0  Alert Admin	witch hunt! ceo blame board members and vice versa... i like what you said - he was merely an executer...u tell me to do i just do it... finjungle      ( Date: 05-Mar-2025 19:46) Posted: Reading the press release by KLB, the fight is far from over. Could Sherman just lie down and take all the blame for the loss of $1.9 billion in China? One of the directors said he should concentrate on recovering the loss. Surel,y he could not make such a decision on his own. The whole board would have been involved. He was merely the executioner of the board' s decision. behonest      ( Date: 05-Mar-2025 16:18) Posted: wasted, it was one of rare opportunity sig
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tongphlp Supreme	06-Mar-2025 09:14        tongphlp About Contact  Quote this Post!
x 0   x 0  Alert Admin	more feud brewing? superstartup      ( Date: 06-Mar-2025 08:50) Posted: King Maker Kwek Leng Chan. Don' t support anyone. Support splitting CDL into 2 and distribute the shares and / or  further " reit" the investment assets and distribute the units bring in professionals. Opportune time for a restructuring of CDL.
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superstartup Supreme	06-Mar-2025 08:50        superstartup About Contact  Quote this Post! Style: Fundamental   Yells: "Enjoy doing Fundamental Research"
x 0   x 0  Alert Admin	King Maker Kwek Leng Chan. Don' t support anyone. Support splitting CDL into 2 and distribute the shares and / or  further " reit" the investment assets and distribute the units bring in professionals. Opportune time for a restructuring of CDL.
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eddyeddy Master	06-Mar-2025 07:29        eddyeddy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Do you need to study hotel mgm to be in the industry , ? As long as you have a abalone , you can even be an advisor in this industry , but you must know who , no need to have the degree .
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minichart Member	06-Mar-2025 07:23        minichart About Contact  Quote this Post!
x 0   x 0  Alert Admin	https://www.minichart.com.sg/2025/03/05/the-billion-dollar-battle-restructuring-looms-over-hong-leong-investment-holdings-and-cdl/ Market watchers suggest  .....  could play a pivotal role in restructuring CDL, given that  Davos Investment Holdings  is CDL&rsquo s largest shareholder with  33.6% ownership. If a divide arises between  Kwek Leng Beng and Sherman Kwek, both of whom own shares in  Kwek Holdings, Davos could move to consolidate its position, potentially seeking a controlling stake of  50%. Analysts estimate that an additional  $10.8 billion  would be required to secure control, with a  20% control premium pushing the cost to $12.9 billion.
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MrBear12 Supreme	05-Mar-2025 20:19        MrBear12 About Contact  Quote this Post! Style: Combined   Mood: Yells: "Cast all our anxieties on Jesus for He cares for us"
x 0   x 2  Alert Admin	Fight just started. Stay out for awhile. Watch and learn finjungle      ( Date: 05-Mar-2025 19:46) Posted: Reading the press release by KLB, the fight is far from over. Could Sherman just lie down and take all the blame for the loss of $1.9 billion in China? One of the directors said he should concentrate on recovering the loss. Surel,y he could not make such a decision on his own. The whole board would have been involved. He was merely the executioner of the board' s decision. behonest      ( Date: 05-Mar-2025 16:18) Posted: wasted, it was one of rare opportunity sig
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finjungle Veteran	05-Mar-2025 19:46        finjungle About Contact  Quote this Post!
x 0   x 0  Alert Admin	Reading the press release by KLB, the fight is far from over. Could Sherman just lie down and take all the blame for the loss of $1.9 billion in China? One of the directors said he should concentrate on recovering the loss. Surel,y he could not make such a decision on his own. The whole board would have been involved. He was merely the executioner of the board' s decision. behonest      ( Date: 05-Mar-2025 16:18) Posted: wasted, it was one of rare opportunity sigh eddyeddy      ( Date: 05-Mar-2025 16:17) Posted: Stop reacting to a BEAST ! Once a BEAST always a BEAST
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behonest Senior	05-Mar-2025 16:18        behonest About Contact  Quote this Post!
x 0   x 0  Alert Admin	wasted, it was one of rare opportunity sigh eddyeddy      ( Date: 05-Mar-2025 16:17) Posted: Stop reacting to a BEAST ! Once a BEAST always a BEAST ! FATABA      ( Date: 05-Mar-2025 15:58) Posted: Disagree...listed com-pany have to follow LISTING laws.  Nothing to do w profit or not . Dyod
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eddyeddy Master	05-Mar-2025 16:17        eddyeddy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Stop reacting to a BEAST ! Once a BEAST always a BEAST ! FATABA      ( Date: 05-Mar-2025 15:58) Posted: Disagree...listed com-pany have to follow LISTING laws.  Nothing to do w profit or not . Dyodd MrBear12      ( Date: 05-Mar-2025 13:55) Posted: Even if chairman brought a bear into his company, if this bear helped.make profits, shareholders won't mind except they may avoid going for the agm with bear around. The bottom line is profits in a corporate world. Who profits stays.
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