July 30, 2006

Top Possible Reasons Why Lee Hsien Yang is Leaving Singtel

The Singtel Chief has steadfastly refused to give any reason for his sudden departure as CEO and Board member. Already rumours abound as to why - including health, a better job offer, a potential scandal that might affect stock prices, or that SingTel’s profit last year was only about half the average such increase of the world’s 60 top telcos. Who knows? Our team of kopi tiam analysts adds fuel to the speculation with a list of TOP POSSIBLE REASONS WHY LHY IS LEAVING SINGTEL:

1. He has to clear all the frequent flyer miles he’s accumulated closing foreign deals such as those with Optus, Bharti Airtel and PT Telekomunikasi Selular.

2. Kena recall to SAF

3. Has to journey to Mount Doom in Mordor to destroy the One Ring.

4. Ministers jealous that his salary is bigger than theirs.

5. Father convinced him it was time to come over to the Dark Side.

6. Lost an arm-wrestling match to Sis-in-Law.

7. A mobile phone video of him doing a ‘Tammy NYP’ is circulating on the Net.

8. Caught on CCTV buying a Starhub $0 dollar value mobile phone package.

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