Thursday, July 2, 2009

Request for another Petition to MAS

Dear Mr. Tan
I suggest that we gather another petition to collect signatures for those who had not been offered compensation or low compensation to our MAS Chairman, Mr Goh, as he announced a fictitious figures of 2/3 being compensated. Judging from many I spoken to, I doubt this figuures are true.
EL


REPLY
According to the MAS statement, 2/3rd were offered compensation. But in many cases, the compensation was rather low (say 10%), and were not accepted by the investor.

I do not know if the investors are still keen to sign a Petition, as previous petitions have been ignored by MAS