It has been reported that NOL is in discussion with potential parties for the sale of NOL stock. NOL stock is helmed by Singapore’s top scholar, Ng Yat Chung, who was a former Chief of Army, Chief of Defence and a former Senior Managing Director of Temasek Holdings. While the market continues to focus on NOL stock, there have been some sprinkling of talks revolving around another well-known listed transport company.The company is none other than SMRT, helmed by another Singapore’s top scholar in Desmond Kuek who was a former Chief of Army, Chief of Defence and a former Permanent Secretary. On 30 Oct 2015, the dean of Lee Kuan Yew School of Public Policy Kishore Mahbubani said that private corporations lack the incentive to invest in the long-term maintenance of a public good and this may just be the start of the relevant authorities to look into having …