Saw this news in 20Feb Today's paper.
Just wondering out loud whether is it just ironically coincidental, bad luck, or really BAD business strategy.
Of course some may use the chartered, UBS, shincorp, indosat, etc to say its also coincidental.
I think just bad luck lah.
Chinese saying "Ten gambling risk...nine will lose".
So which 1 did Temasek made the most money?
Going into a market like
the US will never be easy
Conrad Raj
editor-at-large
[email protected]
OFTEN times, the lure of a potentially huge and a supposedly rich market is difficult to resist. And so Osim International latched on to the American dream of raking in potentially
huge profits by buying a stake in a relatively smallish lifestyle United States chain, Brookstone Inc. Had Osim studied the US experience
of fellow Singaporean firm Yeo Hiap Seng (YHS), it might have avoided the pain. The Brookstone acquisition