Low budget production

Statement on AIM (Ho Pin gag’em style)

The most eagerly anticipated PAP statement of the year—okay we are just two days into it—is finally out. Like a true star worthy of a Psy tribute band, Dr Teo Ho Pin has kept us waiting, clamouring, salivating over the festive holiday weekend at what juicy details he has to offer on the AIM transaction. Without going into a hair-splitting operative, I don’t find anything glaringly dubious in the numbers presented in the statement; perhaps more astute readers will. A missing piece of the puzzle was what AIM gets paid after the initial one year period, and the answer is…