Originally Posted by
hopeful
sigh....actually both ringo and proper-t are right.
the way i see it, both are talking past each other, not to each other.
for ringo, he give the example of other bosses having own private companies to show that it is not illegal to do so because others have already shown the way. thus WT boss also could have set up own private developer.
for propert, he give an example of conflict interest. this is where it get interesting. try as i might to deny, his example seems a valid. if i was an outsider hearing this at the dinner party and buyer chose his bungalow, i would definitely think this boss damn "bad" one. but then again, what is morally wrong may not be legally wrong, that's just the way the world is.
i am not a psychologist, people's fears are what usually controlled their action. his lawyer may tell him a dozen times it is legally ok, but perhaps his "fear" of being caught in "conflict of interest" situation lead him to another path, as implied by propert.
If you look back this thread I think I did ask 1 simple question.
What is chairman of wingtai going to do with his property if redeveloping and selling his personal GCBs is considered as conflict of interest?
Wont any sale of property be consider as conflict of interest? In fact is chairman is concerned, then all employee of WingTai should not be investing and selling property liao loh..
So where is the logic? care to explain?
"Never argue with an idiot, or he will drag you down to his level and beat you with experience."