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i think I'm lost - what happen in the Rivervale Plaza case?

Froggy

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I kept coming across the Rivervale Plaza thingy but no idea, can anyone help shed some light to me?
 
I kept coming across the Rivervale Plaza thingy but no idea, can anyone help shed some light to me?

looks like a usual case

contractor desperate for business, bid and quote the cheapest even though having cash flow problem.

got the job cannot complete cos no money to continue. finally close shop

that simple.
 
looks like a usual case

contractor desperate for business, bid and quote the cheapest even though having cash flow problem.

got the job cannot complete cos no money to continue. finally close shop

that simple.

You just connect the dots & you will know where it leads to...aka "guanxi"...
 
looks like a usual case

contractor desperate for business, bid and quote the cheapest even though having cash flow problem.

got the job cannot complete cos no money to continue. finally close shop

that simple.

Did the contractor that went bankrupt win an official tender or was a friend of a friend type?
 
Did the contractor that went bankrupt win an official tender or was a friend of a friend type?

Of course it won the tender...but do they have an independent party to observe the award of tender?? just do a search on the contractor & relation to any CC RC..PA etc..you connect the dots you see a picture..
 
Kop Khun Krup everyone who enlightened me. Waaaaa Brompton bikes, $2 company, sex scandals, now Rivervale Plaza. Sinkieland is really fucked big time. What's next?
 
Kop Khun Krup everyone who enlightened me. Waaaaa Brompton bikes, $2 company, sex scandals, now Rivervale Plaza. Sinkieland is really fucked big time. What's next?

The GLC system which is most accurately known as SOE system in the world is representation of how much crap there is. Scholars corruptly are given a pie of Singapore's wealth to do what they like. Spending money is an achievement, not making it. They are taught that under Lee Kuan Yew School of crap.
 
Rejoice for Punggol East residents if not for this by-election, no one will notice their terrible state. Over crowded transport system, congested main road, insufficient child care services and food outlets etc.

I thought the whole island is facing such difficulties?
 
looks like a usual case

contractor desperate for business, bid and quote the cheapest even though having cash flow problem.

got the job cannot complete cos no money to continue. finally close shop

that simple.

Is the contractor another $2.00 company ?
 
Kop Khun Krup everyone who enlightened me. Waaaaa Brompton bikes, $2 company, sex scandals, now Rivervale Plaza. Sinkieland is really fucked big time. What's next?

All these are kuching kurap,ikan bilis....wait till someone forced open the books of Temasek and GIC..u open up a can of worms....vast network of
corrupt,collusive and nepotistic dealings and transactions.....and they boast that they are 1 of the top 10 for being the least corrupt country in the world ! Monopoly of power by PAP leads to monopoly of wealth,which then leads to social disparity and polarisation,the source of most of the social tensions in Singapore today.
 
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