Posts Tagged ‘blue chip company’
Chartered sold despite investor angst
November 5th, 2009 | 
Author: A DECADE ago, investor Lui Chee Meng sank $30,000 into what he thought was a safe blue-chip company backed by Temasek Holdings.
Now, he has lost almost all the cash he put into Chartered Semiconductor Manufacturing, the world’s No. 3 chipmaker.
The loss made him so angry that he voted against the $5.6 billion acquisition of Chartered by a Middle Eastern fund.
But the sale went through anyway, as o… more
Posted in Singapore Financial News | 
Tags: acquisition, blue chip company, cash, Chartered, chartered semiconductor, Chee, chipmaker, company, decade, Eastern, Fund, Holdings, investor, loss, Lui, manufacturing, Meng, middle, sale, Semiconductor, Temasek, temasek holdings, World | 
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Investors find cheaper way to own blue chips
GAINING exposure to a blue-chip company need not mean buying its pricey shares listed on the Singapore Exchange (SGX).
Investors are making a beeline for an increasingly popular financial derivative product known as Contracts for Difference (CFDs), which enable them to ‘own’ these blue chips without having to stump up the full price of the stock.
Brokerages jostling for a slice of the action inclu… more
Posted in Singapore Financial News |
Tags: action, beeline, blue chip company, blue chips, brokerages, CFDs, company, contracts, derivative product, difference, exchange, exposure, GAINING, inclu, investors, price, product, SGX, Singapore, singapore exchange, slice, stock, stock brokerages, stump |
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