It was reported that NOL may be up for sale by Temasek Holdings. If the report is accurate, then it would be yet another Temasek-linked company which would be privatized after Olam International. NOL stock has not been doing well against the headwinds in the shipping industry. I have read that NOL’s CEO, LG(NS) Ng Yat Chung has also made some measures to improve the bottomlines of NOL. Ng Yat Chung was a former Chief of Defence of Singapore and a former Senior Managing Director of Temasek Holdings before he took the helms at NOL. Succeeding Ng Yat Chung as the Chief of Defence was Desmond Kuek who himself was the chief of another transport-related company which also saw its fair share of work: SMRT. Both Ng Yat Chung and Desmond Kuek were former recipients of top PSC and MINDEF scholarships. Ng Yat Chung and Desmond Kuek were not the ......