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Hong Leong Fin
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Hong Leong Finance
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john_ric
Supreme |
14-Apr-2016 14:43
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fintech is the ' in-thing' right now. but the fund small companies can get from internet seems to be small funds. further more, the traditional fin company can also particpate ine fintech. Wrong? or right??
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trader20yr
Senior |
14-Apr-2016 13:58
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Mid to long term, the new comer fintech, online crowd funding, e.t.c will eat up their main market of small, medium, micro company financing So long term this stock no future. Retiree stock for current retiree for next 5 years, yes Retire stock for future retiree after 10 years, no |
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john_ric
Supreme |
14-Apr-2016 12:13
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this is another retiree stock. like sph. price 2.37. divi $110 annum. 4.5% |
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Listing
Senior |
27-Jan-2013 12:37
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Will be $3-$4 soon.. Nav is $3.62... Potential privatization? | ||
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Blastoff
Elite |
07-Aug-2012 10:48
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What impact will it have on the stock?
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katak88
Master |
07-Aug-2012 09:58
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Hong Leong sues Morgan Stanley over Pinnacle notes Singapore finance firm alleges instruments were designed to fail in US bank's favour Updated 08:25 AM Aug 07, 2012 NEW YORK - Morgan Stanley was sued by Singapore's Hong Leong Finance in federal court in Manhattan over claims it deceptively sold investments that were designed to fail. Hong Leong alleged in a complaint filed today that it entered into a distribution agreement with the New York-based investment bank to sell about US$72.4 million (S$89.8 million) worth of the so-called Pinnacle notes to customers. The notes later failed and the Singapore-based company was required to compensate customers for at least US$32 million in losses, according to the filing. Morgan Stanley sold the notes as relatively safe investments while rigging them to fail for its own benefit, Hong Leong claimed. " Morgan Stanley secretly, deceptively, and wrongfully invested the investors' principal in very risky underlying assets," according to the complaint, filed by Mr David S Stellings, a lawyer for Hong Leong. A spokeswoman for Morgan Stanley declined to comment on the suit. BLOOMBERG |
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