Don’t be misled by the media hype of China slowdown, US interest rate rising, oil price falling. Not that they are not important but the real reason STI is falling is because the competitive advantage(moat) is narrower as big companies like the banks face competition from fintech, SGX face competition from new clearing houses and Singtel face competition from new telco player. 25 more words
Tags » Watch Your Step
Disclaimer: I am vested in Lantrovision, so opinion will be biased.
A japanese company Mirait coprporation just offered $3.25 for Lantrovison shares subject to a scheme of arrangement of which the main condition is not less than 75% of shareholders holdings present or via proxy, voting in favour of the offer in an EGM to be held later. 95 more words