centro brings other property funds down..., page-3

Hi Damman,

Who knows??? It is absolutely impossible to say - lol!

As has been discussed before UBS is a major holder that actually increased their stake during the selloff. To protect themselves wouldn't the best scenario be for them to be a part of the 'White Knight' team, keeping in mind that the Singaporean Government is now the major shareholder in UBS holding a 9% stake. So, cash (to my mind) is not a problem, as long as the Centro business model and business is sustainable.

Cheers, Pie :-)