Singapore NDP Rally 2018 – Ageing HDB flats

The most important topic in this NDP rally is how the government will handle the ageing flats issue. Since more than 80% of the population stay in HDB flats, most people are and should be concerned about this. Many people are worried that the value of their HDB flats could be zero when the leases … Continue reading Singapore NDP Rally 2018 – Ageing HDB flats

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Syntel’s acquisition

French IT services firm, Atos, is buying Syntel at USD 41 per share, which amounts to USD 3.57 billion (including debt). In a typical acquisition, buyer pays 20-30% premium above the seller's recent share price. But in this case, the premium was just a tiny 4.8% above Syntel's closing share price of 39.13. That's rather … Continue reading Syntel’s acquisition

Welling Holding Ltd

Welling Holding is among the largest companies that manufacture motors for air-conditioner, washing machines, and other home appliances. Its factories are located in China and its products are distributed to many different countries and region. Midea, the world's largest producer of major home applicances, owns nearly 69% of Welling. Hence, Welling's stocks are not very liquid. … Continue reading Welling Holding Ltd

Syntel Inc

Syntel (NASDAQ:SYNT), incorporated in 1980, is a global provider of digital transformation, information technology and knowledge process outsourcing (KPO) services. Syntel helps global enterprises evolve the core by leveraging automation, scaled agile and cloud platforms to build efficient application development and management, testing and infrastructure solutions. Syntel's digital services enable companies to engage customers, discover … Continue reading Syntel Inc