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bluemonkey

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About bluemonkey

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  1. depends on how you look at it. In this case the directors are also part of the management team. They might likely have pledged their shares to be used as working capital for tt international. the bankers probably liquidated the shares as they foresee a high probability of default (if the company is not already in default). tt int acquired novena only in 2007. so as it is, there'll probably be some internal restructuring and some of the company assets (e.g. novena) might even be sold off. operationally, it's probably in the stakeholder's interest for novena to continue operating (so long as it's still profitable).
  2. Hi tad, Did you decide on using them in the end? I visited them recently and thought what Kenneth shared with us seemed pretty friendly and keen. Does anyone else have experience with them? Thanks!
  3. Does anyone know of any IDs that have prior experiences with the Tiong Bahru post-war units? I just signed my OTP earlier in the week. Would certainly love to see the types of ideas that have transcended for such units. For now I just have so many ideas, but don't know how to put them in place!
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