Tony need tax money to bailout AirASIA, But Richard Branson no need.
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 Apr 22 2020, 07:54 PM
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#1
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Senior Member
9,533 posts Joined: Jun 2013  
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AA is posed to merge with MAS , lot of dressing codes and management may change...
Virgin Atlantic -Aussie already down, gov not bailing out...Sir Richard Branson only 10% shares.. the rest are Sing Airline and Eihthidad |
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Apr 22 2020, 07:57 PM
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#2
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Senior Member
9,533 posts Joined: Jun 2013
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QUOTE(Honey Stars @ Apr 22 2020, 07:52 PM) Offering company assets as collateral vs personal assets as collateral is different though. It speaks different volume too. rarely bosses will do so.. especially personal assets ...A businessman that only willing to offer company assets = I'm only willing to invest this much into this business. A businessman that offer personal assets = I'm willing to add this much into what I've already invested. Easy to see who is more invested in their business.  after this most Msia SME bosses and big MNC will close it down to cut cost.. most will shift all assets out of the company pleading own asset unless company is his own made blood and effort Singapore the large oil company also no care and falling down.. with billions of debts... many banks affected, CIMB i think is one of it |
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