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Showing posts from June, 2018

Singtel Optus failed World Cup coverage: A case of Optus chairman pursuing a personal agenda at the cost of core business-Will minority shareholders pursue Singtel in Australia ?

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by Ganesh Sahathevan Singapore Telecommunications Limited Follow SGX: Z74 3.12  SGD   −0.040  (1.27%) 22 Jun., 5:04 pm GMT+8 ·  Disclaimer 1 day 5 days 1 month 1 year 5 years Max 3.0 3.0 3.2 3.2 3.4 3.4 3.6 3.6 3.8 3.8 4.0 4.0 3.77 SGD    ‎ Dec 14, 2017 Oct. 2017 Feb. 2018 Jun. 2018 Open 3.14 High 3.14 Low 3.10 Mkt cap 50.95B P/E ratio 9.36 Div yield 5.61% Prev close 3.16 52-wk high 4.00 52-wk low 3.10 Singtel-Optus has failed in a very public way: Optus World Cup soccer failure a big lesson for sports broadcasters And,it is not as if Singtel-Optus was not warned to keep its eye fixed on its business, and not wander off into  political debate, which was at the time justified on business grounds. Excerpt  Corporations have also been advised that “putting the acid” on Mr Turnbull politically over same-sex marriage will be counter-­productive for business and will damage his leadership as he is wanting to concentrate on energy and the economy. T...

Lendlease's Malaysian partner TRX suffered a cash deficiency of AUD 1B due to theft: TRX could never have funded its Lendlease JV;ASX was never informed

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by Ganesh Sahathevan Lendlease Group  is a  multinational  construction, property and infrastructure company headquartered in  Barangaroo ,  Sydney ,  Australia . Malaysian business daily The Edge reported on 28 May 2018: Australian developer and infrastructure firm Lendlease seeks to continue its joint venture with TRX City Sdn Bhd to develop The Exchange TRX at the 70-acre Tun Razak Exchange (TRX) international financial district. “We look forward to continuing our collaborative working relationship with master developer’s TRX City in achieving the common goal of a successful project delivery that will strengthen Kuala Lumpur’s position as the defining gateway city in Southeast Asia and broader Asia,” it said in a statement to EdgeProp.my. The developer has a 60:40 joint venture with TRX City to develop the TRX Lifestyle Quarter, which the Exchange TRX retail component is a part of. In September last year, the company said 26% of its retail space had been...

NSW AG Speakerman has already broken the seal of the confessional; as with the ministers of religion and the Oaths Act ,done in stealth, praying that no one notices.

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by Ganesh Sahathevan by Ganesh Sahathevan While the ABC has reported in stories featuring the Attorney General Mark Speakman SC that the NSW Government has avoided the Child Abuse Royal Commission's recommendation to break the seal of the confessional, the NSW Government's offical response seems to say otherwise: There is no exemption in the Children and Young Persons (Care and Protection) Act 1998  (NSW)  f or persons in religious ministry from reporting knowledge or suspicions formed, in whole or in part, o n the information disclosed or in connection with a religious confession. Some persons in religious ministry are already captured by the NSW mandatory reporting scheme if they work with children in another capacity. For example, a priest who is also a teacher at a school would be mandatorily required to make a report if they had reasonable grounds to suspect that a child is at risk of significant harm and those grounds arose during the course of ...