Shares & Derivatives
Another TLC stock in focus
By Singapore Stocks Investing (SSI)  •  August 21, 2014
So now we have another TLC stock in focus, but before I go to that, what is TLC? Well, TLC is not tender loving care but it is “Temasek-Linked Company”. The TLC stock which I mentioned about is none other than NOL stock, a stock which has not been doing well in terms of its stock price due to the macro-environment. Yesterday (20 Aug 2014), it was announced that NOL may sell off its logistics business and this prompted investors’ buying with the thinking that some of the cash freed up from the acquisition will go towards paying off some of the debt of the company. NOL is currently helmed by former scholar, Ng Yat Chung. Before Yat Chung assumed the position of CEO of NOL, he was the senior managing director of Temasek and before that he held the position of Chief of Defence of Singapore after the position ......
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By Singapore Stocks Investing (SSI)
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