August 9 .. It's Singapore's National Day.
And the takeover of Pantai Hospital is complete. On Aug 4, the Goverment of Singapore Investment Corp (GIC) bought over 25 million shares in our biggest healthcare company (in terms of market cap). That's more than 5 per cent.
Parkway Holdings, a Singapore company, already has more than 31 per cent.
And the PM, in his 40-minute sitcom last night, pooh-poohed talk of neo-colonialism. "Apa salahnya ..," Abdullah said. "The important thing is we don't lose control of our companies. There is no Malaysian company which is controlled by a foreign company."
The chairman of GIC is none other than Lee Kuan Yew.
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