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The accredited investors are against the retail investors – Hyflux
By The Simplified Resource For Investing and Personal Finance  •  December 25, 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. Based on the 15 Nov affidavit, 5 banks and representatives of the Medium Note Holders ( those who bought the wholesale bonds at 250k minimum), collectively known as accredited investors proposed the following for the perpetual securities and preference shares holders ( retail investors): In addition to the above, there were other statements in the affidavit meant to put retail investors at a distinct disadvantage in receiving any recovery rom their investment . Below are some quotes from the same affidavit. My thoughts It is like ......
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By The Simplified Resource For Investing and Personal Finance
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