Shares & Derivatives
Lui Tuck Yew not contesting in Singapore General Election: effect on transport stocks
By Singapore Stocks Investing (SSI)  •  August 11, 2015
It was reported today that Mr Lui Tuck Yew would not contest in the upcoming Singapore General Elections. When I read the news, I was not surprised, for the weeks leading up to today’s announcement, there has been the circulation of a Facebook post by Mr Lui which leaves readers to wonder what Mr Lui’s next political move would be. To be frank, as transport Minister, Mr Lui has an unenviable task as Singaporeans experience train failures from an ageing transport system. I appreciate Mr Lui’s heartland efforts when he and his team from LTA went to take a look at MRT platforms in train failure scenarios, often at these occasions, Mr Lui has been photographed and his photographs circulated on social media too. While I am not really a fan of our MRT trains as it is simply too packed with commuters at all hours of the days, I ......
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By Singapore Stocks Investing (SSI)
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