04-10-2010, 07:45 AM
I can understand Ho Lee insistence to get back the money by any means.
But what is OCBC doing?
They said they do not want to wind up TTI but they wants an alternative scheme.
An alternative scheme will mean that TTI will definitely go under since Boustead's offer will lapse.
So basically, OCBC wants liquidation but do not want to say so?
With Jurong East MRT nearby, a large workforce at the business parks and high residential population, Big Box has a good chance of doing well.
But what is OCBC doing?
They said they do not want to wind up TTI but they wants an alternative scheme.
An alternative scheme will mean that TTI will definitely go under since Boustead's offer will lapse.
So basically, OCBC wants liquidation but do not want to say so?
With Jurong East MRT nearby, a large workforce at the business parks and high residential population, Big Box has a good chance of doing well.