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The Big Mess of Saw Phaik Hwa

streetsmart73

Alfrescian (InfP)
Generous Asset
I think u right. Old Sam hack care about what other post.
Old Sam seldom post anything only Mac and Advice/advise. Seldom infraction others,
Now New Sam something change. Must be someone else.



hi there


1. hahaha!
2. just get erection to verify the true sammy mah.
3. they play each other.
4. oops!
 

QXD

Alfrescian (InfP)
Generous Asset
Singapore should take this debacle as a lesson why you can't keep making money from money without taking care of the nuts, bolts, bricks and mortar.

Too many "bankers" in Singapore, with so few Engineers.

Needless to say, this why non-technical people thinking they can make money out of money will soon see a house of cards falling down.

Sad that that profession has become so commodotised that it's just seen as a cheap source of educated labor instead of a asset value multiplier.

Singapore needs REAL Engineers to run and manage physical assets, not fucking overpaid Salesgirls like Saw whose criminal negligence saw precious funds to maintain assets diverted to window dressing shops and internal decor. A facade that eventually risked the safety of the very people whom the business was built for in the first place.

Hang the fucking cunt I say.
 
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freedalas

Alfrescian
Loyal
Micropolis didn't make silicon wafers you twit. It was a disk drive manufacturer. You should stick to helping the poor instead of venturing into subjects you aren't familiar with.

Thanks for pointing that out. But it doesn't detract from the fact that HC bought an absolutely hopeless company for $360m that had to be totally written off. And yet she was never asked to account for that. That's the main message of my posting, so don't come here to try distract the readers from the real issue at hand - the fact that HC no matter how much wrong she did or how must she has lost in taxpayers' money (and we are talking about billions here), she has never been held responsible for such massive failures, in fact she has never been asked to explain.
 

Leongsam

High Order Twit / Low SES subject
Admin
Asset
Thanks for pointing that out. But it doesn't detract from the fact that HC bought an absolutely hopeless company for $360m that had to be totally written off. And yet she was never asked to account for that. That's the main message of my posting, so don't come here to try distract the readers from the real issue at hand - the fact that HC no matter how much wrong she did or how must she has lost in taxpayers' money (and we are talking about billions here), she has never been held responsible for such massive failures, in fact she has never been asked to explain.

HC bought Micropolis in order to save the jobs of thousands of Singaporeans who were employed by the company. It was an altruistic move not a financial one.

I commend her for her efforts. Unfortunately, ST management was not able to turn the company around quickly enough. She is not to be blamed.
 

freedalas

Alfrescian
Loyal
HC bought Micropolis in order to save the jobs of thousands of Singaporeans who were employed by the company. It was an altruistic move not a financial one.

I commend her for her efforts. Unfortunately, ST management was not able to turn the company around quickly enough. She is not to be blamed.

Yada yada.................... if she's any foresight as a good CEO would, she would have never wasted the $360m which would have gone a long way in helping thousands of S'poreans. Another detail worthy of noting is that the swiftness in which the company went under, which means it surely must have been foreseen at time of purchase and yet the silly woman didn't see it coming. But you may be right, it's not entirely her fault, as the decision to purchase Mircopolis was not really hers but that her her father-in-law, as always.
 

greedy and cunning

Alfrescian
Loyal
Thanks for pointing that out. But it doesn't detract from the fact that HC bought an absolutely hopeless company for $360m that had to be totally written off. And yet she was never asked to account for that. That's the main message of my posting, so don't come here to try distract the readers from the real issue at hand - the fact that HC no matter how much wrong she did or how must she has lost in taxpayers' money (and we are talking about billions here), she has never been held responsible for such massive failures, in fact she has never been asked to explain.

in REAL life or the hard truth in life = it is all about who you know , connections , which family in born in , luck .

it is all bullshit when you hear people telling you hard work will improve your situation.
 

I_Hate_Pappies

Alfrescian (Inf)
Asset
in REAL life or the hard truth in life = it is all about who you know , connections , which family in born in , luck .

it is all bullshit when you hear people telling you hard work will improve your situation.

Don't be so pessimistic. Like you said, improve ones situation, it's not about bringing one to Top 5% or Top 10% in the wealthy list. Working hard and smart, i should say will improve ones situation. This can be changed, which family you are bornt into can't. When you bring yourself to another level, your connections level will follow suite. Simple as that.
 

Confuseous

Alfrescian (Inf)
Asset
However, the disease has reached such a late stage that the patient in any case cannot be revived by any treatment, but to wait for his own demise.

Is this not the present situation of the MRT? News report titled “The MRT system will cost 900 million dollars to update” said that “the cost will be borne by the SMRT enterprise and the Land Transport Authority. The two entities are discussing the cost sharing details.”

These 900 million dollars is the cost of the mess caused by Saw Phaik Hwa. However, I cannot understand the rationale. SMRT as a private enterprise is happily earning money when it is profitable and has brought great returns year after year to its shareholders.

So why the expenditure it will incur in providing a safe transportation service has to be borne by the people of Singapore?
Such strange thing can only happen in Singapore, a country of peculiar uniqueness, right? Is SMRT actually a public or private entity?

Regardless how the Government and SMRT explain it, the people of Singapore will never quite get to the bottom of it. If SMRT is a private entity, then why the huge costs of constructing the subway system is paid by the State and the Singapore taxpayers’ money?

Especially now facing the major challenge to revamp the rail system, such expenditure has to be shared between SMRT and the people of Singapore.

If SMRT is state-owned entity, then why does SMRT act like a real private enterprise earning abundance of money year after year bringing huge profits to its shareholders only?
 

bic_cherry

Alfrescian
Loyal
This is all okay because the well being of Singaporeans is primarily measured by how much our minister's earn...

"If the annual salary of the Minister of Information, Communication and Arts is only $500,000, it may pose some problems when he discuss policies with media CEOs who earn millions of dollars because they need not listen to the minister's ideas and proposals. Hence, a reasonable payout will help to maintain a bit of dignity."
- MP Lim Wee Kiak apologises for comments on pay
YqUYU.jpg
[IMG URL]

ST23Mar2007-%2BWhy%2Bpay%2Bmust%2Bgo%2Bup.JPG
 

escher

Alfrescian (Inf)
Asset
Get rid of the fucking mess

FIND YOUR BALLS AND GO DANGLE A STINKING PAP WITH PIANO WIRE FROM ORCHARD ROAD LAMP POST
BRING LIFE BACK TO ORCHARD ROAD AS THEY DANCE ABOVE US
 

bigboss

Alfrescian
Loyal
......Especially now facing the major challenge to revamp the rail system, such expenditure has to be shared between SMRT and the people of Singapore...

Only the people of sinkieland? What about those Ass-Pee-R, the foreigners living and working in the island, who got freebies here and there, or concessions similar to those given to locals, when they ride the trains and buses?

Sinkies are always losers in the hands of the pappies. Foreigners given all kinds of privileges but when the system broke down, only the sinkies picked up the repair bills? This is not fair as the Ass-Pee-R should also be billed for the costs of repair.
 

bigboss

Alfrescian
Loyal
....it is all bullshit when you hear people telling you hard work will improve your situation.

How to improve your situation in sinkieland? Two options. Buy Toto and hope to strike the first prize. No need to work, can just retire immediately.

The other option is to join the pappies in the grass root, nudge up close to the incumbent MP, hope for a recommendation to be picked as potential new GRC candidate in next GE. If got elected, hey presto, you can enter Parliament and get hefty allowance for attending only MPS.

Is this the reason why so many Ass-Pee-R are found working in pappies' grass roots? These foreigners can sense where to find the greener grass. Only locals join the WP or other oppo parties.
 

Hans168

Alfrescian
Loyal
Micropolis didn't make silicon wafers you twit. It was a disk drive manufacturer. You should stick to helping the poor instead of venturing into subjects you aren't familiar with.

It was a $500,000,000.00 investment gone within a few months - emboldened her to take more risks with our money...........the higher you punt the biggerer your bonuses!!!!!!!!!! Why not???
 

Hans168

Alfrescian
Loyal
Thanks for pointing that out. But it doesn't detract from the fact that HC bought an absolutely hopeless company for $360m that had to be totally written off. And yet she was never asked to account for that. That's the main message of my posting, so don't come here to try distract the readers from the real issue at hand - the fact that HC no matter how much wrong she did or how must she has lost in taxpayers' money (and we are talking about billions here), she has never been held responsible for such massive failures, in fact she has never been asked to explain.

Reason:who she sleeps with every nite???????????
 

JOKERCHEW

Alfrescian
Loyal
Why she No tink of this?
A Cafe between two MRT lines?





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virus

Alfrescian
Loyal
HC bought Micropolis in order to save the jobs of thousands of Singaporeans who were employed by the company. It was an altruistic move not a financial one.

I commend her for her efforts. Unfortunately, ST management was not able to turn the company around quickly enough. She is not to be blamed.

why waste money on a sinking ship when you can spend and get aircraft carrier... this is throwing good money after bad
 
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