Today, SMRT and Temasek announced that Temasek Holdings will be taking SMRT private, buying the remaining of the shares that it does not currently own at an offer price of $1.68 per share. The price “One Six Eight” will naturally be linked, in mandarin to “Yi Lu Fa” (meaning prosperity all the way) and not only that, “Lu” is “Road” in mandarin, hence I thought that is all the more, the “right” price for SMRT stock. Anyway, with the precedent of NOL (another Temasek-linked companies) being given an offer price which might not be the highest, the offer price of SMRT stocks seems to be on the back of this precedent, fair given the current business conditions, though I remember vaguely years back, SMRT stock once traded at slightly more than $2 per share. Temasek-linked listed local brand names in aviation, marine/shipping and land transport being Tiger Airways, NOL ......