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No irony there. DBS does not dare mess with HongKongers as we are well known for our vocal protests. We will take to the streets and to our government when we donot like it. We do not even have GST because we do not like it. We get our way because we dare to protest. We have a saying here in Hong Kong that if you do not DEMAND, you will forever be waiting in vain.
ReplyHow to protest here when there is the Public Order Act (POA) where even one person protesting in the streets can be arrested and fined and/or jailed?
ReplyDisappointed at the Appeal Court’s judgement, and at DBS’s attitude. The product was designed by DBS, and look at how the 200+ investors are now totally screwed. Many retail investors will now stay a mile away from investments proposed by DBS, having lost confidence in the bank in protecting its investors.
ReplyI think the greatest irony is that DBS compensated the Hong Kong investors!
ReplyIsn’t this Singh guy an MP who prosecuted csj for lky & lhl for defamation?
ReplyMoral of the story:-
If you still want to invest in artificial products, make sure the product manufacturer is incorporated in US. At least still got chance to sue in US courts.
Btw, isn’t this the same law firm that defended Profitable Plots, which is now under investigation by CAD but progressing at zombie-pace??
ReplyThis judgement has again sent the signal to foreign crooks & conmen that Singapore is a pond full of fat goldfish ripe for a feeding frenzy for the pleasure of sharks from afar
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