Shares & Derivatives
My layman views on so called " white knights" of Hyflux
By The Simplified Resource For Investing and Personal Finance  •  October 20, 2018
Disclaimer: I am not an investment advisor. Heck, i am not even working in the financial industry. Below are my interpretation and i am grateful if you will let me know if anything i say is wrong and i will correct it in a reasonable time. I am not an expert and don't wish to be assumed to be one. I make losses frequently. Overview To summarise the major developments that rocked the world of only Hyflux stakeholders recently: 1) News mentioning that Hyflux received only one final bid for Tuaspring by a local company, Sembcorp which is not even enough to pay back the loan by Maybank. Since the loan by Maybank is in the range of $500 - $600, we know the upper bound of the bid. Many stakeholders are rightfully disappointed or angry that the market price of the bid is so low and naturally attributed this ......
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By The Simplified Resource For Investing and Personal Finance
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