09-05-2017, 09:55 AM
(08-05-2017, 11:37 PM)corydorus Wrote: Remembered this ? So much warning here.
If the deal is so good, North America would have tons of investors waiting. Come here for sale is crazy. Common sense.
http://www.straitstimes.com/business/wal...protection
Cory
"The CCAA entities have no direct relation to pre-development land projects owned by investors in Asia... The projects held by Asian investors (including Singapore investors) remain sound," it said in response to a Straits Times query.
It added that Walton Singapore will continue to operate in the normal course of business as what is happening to Walton Canada will not affect the Singapore investors.
I will be very surprised if the local investors will remain calm.
All will try all means to get out asap.
As for the "remain sound" part, it really needs lots of conviction and self-psycho to believe in that.