1/23/2006

temasek not selling singapore assets - dhana

for a while i was nervous. natsteel was sold. so was raffles hotel, cias. then dbs building. then what? the istana? it is good that dhana confirmed that temasek is not going to sell local assets for overseas investments. it reminds me of how aw cheng chye sold his father's bank to wee cho yaw. selling inheritance by a prodigal son is a sure sign of things going wrong. let's hope we don't see anymore selling of our national inheritance and national heritage. it is like selling our souls. the chinese saying, selling 'peh kong giap,' or the created wealth of fathers and grandfathers.

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