atans1

CapitaLand: Reason for CEO interview in ST

In Corporate governance, Property on 25/10/2011 at 6:51 am

Two fridays ago, ST has a whole page devoted to an interview with CapitaLand’s CEO. He was trying to explain to CapitaLand was not a China play, and that it was not a financial engineer pretending to be a property developer. It had been until recently playing up that it was a China play, and that it was asset light, using financial egineering, rather than owning assets.

I tot, “Wow, co must be worried abt share price.” Still I was that surprised when late last week, it announced a year-on-yearn 83% drop in its third quarter net profit to S$80.2 million.

Moral of story: Whenever a usually publicity-shy CEO “opens up”,  be wary, very wary.

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  1. Spot on. PR and image smoothing. Just like how PAP politicians paint an inflated and better than average image of themselves using the controlled media.

  2. Don’t worry. Keep on buying CapLand shares. PAP, TH and GIC will come in to bail it out if anything goes wrong. The banks and the family trust funds of ministers depend on it.

  3. Far from it, Mr Liew is not a bit media shy. Google him, u find heaps of stuffs.

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