Friday, August 21, 2009

Minibond Gathering in Hong Lim 22 Aug 2009

There will be a Minibond Gathering in Hong Lim tomorrow, 22 Aug 2009.

This gathering aims to put up a petition to the Prime Minister to request his action in getting the relevant authorities to exert social justice for aggrieved Minibond and structured products investors. Particularly, the petition urged the authorities to provide the same compensation option as Hong Kong where financial institutes bought back those investment products at 60% to 70% of original pricing and will return any excess of such amount (after the underlying assets have been sold) to the investors.

Please meet Mr. Tan Kin Lian and group in Hong Lim at 5 pm. Unfortunately, I will have to miss this gathering this time round. The following is message from Mr. Tan Kin Lian:

Tan Kin Lian
There will be a Gathering of investors of the credit linked notes and supporters at 5 p.m. on Saturday 22 August (8-22) at Hong Lim Park. The Gathering will start off with the National Pledge (not Aspiration) that we have been pledging (not aspiring)... for 44 years. I will be extending the Pledge beyond the citizens to include the residents of Singapore. See you there.

Goh Meng Seng

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