DBS notes investors appeal court ruling
By MICHELLE QUAH
THE investors who lost millions and their court case
over their investment in DBS High Notes 5
are now appealing against the High Court decision
to dismiss their claim.
BT understands that the 21 investors
who brought the case against DBS Bank
on behalf of 192 other individuals
have made an application to the Court of Appeal.
4 comments:
Bravo ! It is about time too. "Don't say I want to saym but I must say", How can the other by-standers like me lent a hand in this . Call me busybody. No problem. Had enough of the "DBS" and the so called-Regularity agency called MAS.
Pity the Judge/s assigned to hear the appeal.
We should make a lot of publicity to the whole world to show how the national bank of Singapore bully the innocent investors whom are mostly Singapore citizens.
Very shameful of our so-called National Bank, they rather overpay overseas acquisitions, than to be
magnamous to their local clients.
It is better for them to close all their branches, exit Singapore, and move their business overseas, as they treat their local clients like dirt.
Always look down on this bank, so never hold any of their shares, only holding shares of other banks.
Ever since they try to be smart, and employ foreigners to helm the bank, it is getting worse in its performance, in relation to its size, shareholders don't get reasonable returns to their investments.
DBS management still does not understand "Do the right thing". Their bad reputation persists while they continue to fight their customers & their families for the toxic product they have created that harm so many. Costly PR campaign will not help if you cannot own up and do the right thing to the aggrieved customers.
Post a Comment