betting on a turn around story with a state backer
Transiting into green energy quite successfully, backed by state own investment company, potential merger to become Asia largest shipyard, rising oil prices.
Now just need for this covid to die down.
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crawled out of poverty, working towards FIRE!! (financial independence, retired early)
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soyabean89 : The last time temasek invested in "national strategic asset" was hyflux.. Doesnt end up well huh?
doctorpot1 OP soyabean89 : True. But Temasek invested in it early 2000s, and it did really well in the very early stages. Temasek exited in 2006 and hyflux collapsed in 2019.