SMRT

[AlphaQuant]

I thought the risk to smrt might be delisting? If its done at average price, then investors might not get good returns. This risk will increase if opp parties gain more seats.

IIRC, one of the prime drivers for the privatisation spree was the argument that we need to pay top leaders top money to run these assets well. The phenomenon was a move of people from public to private sectors - and the fear from the G was that we will have no good blokes to run SMRT/Changi etc. Privatise these and we can pay them competitive wages and retain them.

so i doubt smrt is going to delist anytime soon (unless the G hikes up the wages of the public sector massively). prob see some effort to align exco compensation with public service i/o pure profit.

but then you never know since it's so politically sensitive, so expect the unexpected...