3020
yes, $1b profits, but are they taken out as dividends for the shareholders or are they pumped back into the company for building infrastructure?
power infrastructure costs, as i see it, are astronomical, and such profits accumulation is needed for the long term.
sidetrack: but why do sgporeans involve the govt in everything? minibonds.. aren't they purely a commercial transaction? if there is misrepresentation, sue. the courts will help you. what can the govt do? slap the dbs managers?
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