Look out The takeover action and speculation of recent weeks on the SGX SI.SGXL are harbingers of bigger things to come in 2001.
After a significant delay since the unwinding of Singapore Inc. theme was first touted by brokers early this year, the market is likely to finally see a huge jump in merger and acquisition activity next year. Such are the lags between intention and implementation in the divestment processes.
The tech takeover talk of recent weeks is simply a reflection of inevitable global dynamics. Our listed electronic contract manufacturers such as Natsteel Electronics SI.NASL were up against the ruthless logic of the international marketplace they have to get big...
