Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Sam who wrote (850)	1/14/1998 7:54:00 PM
From: Thomas Haegin	Read Replies (1) \| Respond to of 9980

My sister's boyfriend (and M&A guy) lived in SGP for many years when younger (He's end 30s now). He still has good connections there. He told me the loan, yes $250m, was to a rent-a-car company. But I was not pressing any further. It turned me off right away. So you are really not far off at all :-) Do you or anybody want me to go ask him some more? Tell me! Thomas

To: Sam who wrote (850)	1/15/1998 4:30:00 AM
From: tom	Read Replies (1) \| Respond to of 9980

Not only that, but a taxi company that will only make about US$10m in REVENUE this year (actually about 80bn Rupiah - the company has no US$ revenue to match the loan). + Why did HSBC loan them US$100m?