29 Jul 2008
It’s unusual - but for some struggling investors somehow comforting - to see that occasionally, the Singaporeans make bum investment decisions and end up losing (a lot) of money.Following earlier news that Australand Property Group, the Australian unit of Singapore’s CapitaLand, will seek as much as A$557m ($532m) from shareholders after first-half profit dropped 79 per cent amid plunging property values, it seems timely to examine the forays by various Singaporean entities into ventures Down Under.
>>>> More
