Classic response to CY's dick waving about Link REIT not living up to its social obligations.
And put your money where your mouth is ..Hubert Chak, a financial director at Link Asset Management Limited, said there was “a difference between social corporate responsibility and social welfare”.
He said the company had spent hundreds of millions of dollars annually to support the operations of welfare organisations in addition to building barrier-free facilities in the buildings it ran.
But this did not mean it would provide subsidies to its tenants given the company is a private business entity.
I'd personally be happy as a shareholder. Brilliantly played.Despite Leung’s assertion that the government had no plans to acquire Link Reit, Lo Bing-chung, the company’s director of corporate communications and external relations, said it would welcome a government buy-back of its shares, including a full purchase.
So, CY, whats your next move?