• IP addresses are NOT logged in this forum so there's no point asking. Please note that this forum is full of homophobes, racists, lunatics, schizophrenics & absolute nut jobs with a smattering of geniuses, Chinese chauvinists, Moderate Muslims and last but not least a couple of "know-it-alls" constantly sprouting their dubious wisdom. If you believe that content generated by unsavory characters might cause you offense PLEASE LEAVE NOW! Sammyboy Admin and Staff are not responsible for your hurt feelings should you choose to read any of the content here.

    The OTHER forum is HERE so please stop asking.

Serious One Canberra AGM - Worrying lack of logic and decision making in Minister Shan

Papsmearer

Alfrescian (InfP) - Comp
Generous Asset
Is this symptomatic of PAP cabinet Ministers? As you all know, the saga of the One Canberra AGM reads like a slow motion bad traffic accident for Minister Shan. I mean, what was he thinking?

Firstly, a constituent complains to him that his condo management is holding their first AGM at a country club and will cost $19,000. Said complainant thought this was excessive and unwarranted. And that the management company was fiscally irresponsible for spending this kind of money.I don't know who this constituent was, but he must have been pretty persuasive, because Shan swallows this story hook line and sinker. Shan that gets on his high horse and berates the management company with a letter saying that "they have a duty to make sure the resident's money is properly spend".

However, Shan is also a multimillion $ Minister. He also has a duty to make sure that the citizens of singapore has their money properly spend by him. Is the involvement of his time and effort into a paltry $19,000 private meeting an indication that he has properly spend the citizen's salary to him? Definitely not. After all, he runs a Ministry with a budget of millions and millions of dollars. If he has so much time, I would rather he spend it on streamlining his Ministry's operations, or maybe cut some of the red tape and dead wood staff there. Surely, that would be easily more then $19K in savings.

Worrying too is the fact that Shan does not seem to realize that this is a private matter between residents and their management company. If they don't like the cost of the AGM, they can always hire a new company to manage their condo. This does not involve any HDB town council that Shan might be on. If all cabinet ministers were to involve themselves in all the condo AGMs in their constituency, no work will be done. Why is One Canberra so special? Shan's time is taxpayer's money. he should be spending it on running the Law Ministry. If he is concerned about making sure that money is properly spend, he should look into the AGO's annual reports and start files on all the over spending that is mentioned in there.

Worse off is that it appears the Management company RIA has snookered Shan. Imagine being made a fool by Jackson Ong. Mr. Ong has disclosed that the developer was willing to foot the cost of the rental, while the condo paid for the food. Jackson even broke down the cost of the AGM at the country club to be $15,600. So, Shan's $19K was inaccurate. Jackson even said that they would move the AGM now to the free Chong Pang CC facility. But the cost to the residents ends up being $200 more, then if it was held and subsidized at the country club. How stupid must Shan feel now? Not having verified the facts independently with RIA? Is he crazy? At the very least, he should have a junior secretary call RIA and confirm all the numbers given him by the resident of One Canberra. Then he would not have send the letter out to them. I don't know whether the developer was ever planning to subsidize the country club location, but Jackson by claiming that They were going to so, has made Shan look like a fool. Shan was not in complete possession of all the facts nor was he doing any due diligence to ensure that the info given him was accurate. How did he even become a lawyer in the first place.

I think that all Cabinet Ministers and Perm Secs and Minister of States are cut from the same cloth as he is. Shoot first, and don't bother asking questions later. This is why in the international arena, we have our lunch handed to us. If jackson Ong can snooker a PAP cabinet minister in this way, Far smarter and experienced international diplomats and businessmen are eating our lunch. This comes on the heels of the NOL $86 million USD profit one year after Temasek sold it to the French after years of losses. Really pathetic performance by Shan and not worthy of his time and effort.
 

Papsmearer

Alfrescian (InfP) - Comp
Generous Asset
[h=1]Executive condo One Canberra changes AGM venue over cost concern[/h]
An executive condominium that was due to hold its first annual general meeting (AGM) at a country club will now meet at a more modest community club instead - following pressure from residents and community leaders to cut unnecessary cost.
One Canberra's AGM is now set for June 24, after the executive condo's appointed managing agent, Realty International Associates (RIA), agreed to postpone the meeting by a week so that it can be held at Chong Pang Community Club.
On Sunday, Nee Soon GRC MP K. Shanmugam wrote on his Facebook page that the residents had raised concerns over the AGM's cost. "The managing agent and developer were planning to spend $19,000 for a ballroom," he said.

Mr Shanmugam, the Law and Home Affairs Minister, said the Canberra Drive Neighbourhood Committee had approached Chong Pang Community Club, which made its premises available for free on June 24.

According to the People's Association, it usually costs about $1,500 on average to book a multi-purpose hall at a community centre for a day.
Mr Shanmugam also shared a letter to the managing agent, dated last Saturday, in which he wrote: "You have a duty to make sure that the residents' money is properly spent."



Said RIA senior vice-president Jackson Ong yesterday: "We are most happy to hold it at the CC. We value Mr Shanmugam's feedback."

The meeting, where a management council of residents will be elected, is now set to cost about $8,000 - which covers food, logistics and cleaning fees. Such AGMs typically attract about 400 people - too many to house in the executive condo's clubhouse. One Canberra received its Temporary Occupation Permit in September 2015.
Mr Ong said that while RIA was going to opt for the meeting to be held at Orchid Country Club, the bill was around $15,600. He added that One Canberra's developer, MCC Land (Singapore), would have put up about $8,000 towards the cost.
[h=4]Country club 'an unusual choice'[/h] But even considering a country club is an unusual choice, said industry players.
One resident, a 38-year-old in the real estate industry, said: "The venue was not as shocking as it was concerning, because it's not the managing agent's money - it's our money, at the end of the day."
He added that residents were not told about the developer's offer to bear part of the cost.
Abacus Property Management executive director Royston Chong said: "Our standard practice is to get at least three quotations for the developer to choose from... If there is a CC, definitely we will take the CC."
Others said AGMs tend to be held in the estate or at an affordable public venue.
Knight Frank Property Asset Management's strata management managing director Eleana Teo said: "Some factors taken into consideration... include the date, time, venue and if simple refreshments will be served."
Mr Desmond Tan, managing director of SunProp Property and Asset Management Consultants, said: "Most of the management corporations that we worked with tapped neighbouring community facilities, such as schools or community centres, as alternative AGM venues before considering more expensive venues."
 

Papsmearer

Alfrescian (InfP) - Comp
Generous Asset
Yeah you should have been born as LKY's son then we wouldn't have this mess.

Yeah, your mother should have swallowed your father's sperm instead of taking it in her cunt. Then we
wouldn't have you make a mess of this forum.
 

eatshitndie

Alfrescian (Inf)
Asset
what if agm is held in orchid cuntry club and developer reneges on its promise to cough up $8k? no matter how it's skinned at least $6.9k is saved.
 

frenchbriefs

Alfrescian (Inf)
Asset
how come hdb pigeon hole dwelling peasants dont have agm meetings?what goes on in these meetings anyway?a condo is not a company....
 
Last edited:

Satyr

Alfrescian
Loyal
Is this symptomatic of PAP cabinet Ministers? As you all know, the saga of the One Canberra AGM reads like a slow motion bad traffic accident for Minister Shan. I mean, what was he thinking?

Firstly, a constituent complains to him that his condo management is holding their first AGM at a country club and will cost $19,000. Said complainant thought this was excessive and unwarranted. And that the management company was fiscally irresponsible for spending this kind of money.I don't know who this constituent was, but he must have been pretty persuasive, because Shan swallows this story hook line and sinker. Shan that gets on his high horse and berates the management company with a letter saying that "they have a duty to make sure the resident's money is properly spend".

However, Shan is also a multimillion $ Minister. He also has a duty to make sure that the citizens of singapore has their money properly spend by him. Is the involvement of his time and effort into a paltry $19,000 private meeting an indication that he has properly spend the citizen's salary to him? Definitely not. After all, he runs a Ministry with a budget of millions and millions of dollars. If he has so much time, I would rather he spend it on streamlining his Ministry's operations, or maybe cut some of the red tape and dead wood staff there. Surely, that would be easily more then $19K in savings.

Worrying too is the fact that Shan does not seem to realize that this is a private matter between residents and their management company. If they don't like the cost of the AGM, they can always hire a new company to manage their condo. This does not involve any HDB town council that Shan might be on. If all cabinet ministers were to involve themselves in all the condo AGMs in their constituency, no work will be done. Why is One Canberra so special? Shan's time is taxpayer's money. he should be spending it on running the Law Ministry. If he is concerned about making sure that money is properly spend, he should look into the AGO's annual reports and start files on all the over spending that is mentioned in there.

Worse off is that it appears the Management company RIA has snookered Shan. Imagine being made a fool by Jackson Ong. Mr. Ong has disclosed that the developer was willing to foot the cost of the rental, while the condo paid for the food. Jackson even broke down the cost of the AGM at the country club to be $15,600. So, Shan's $19K was inaccurate. Jackson even said that they would move the AGM now to the free Chong Pang CC facility. But the cost to the residents ends up being $200 more, then if it was held and subsidized at the country club. How stupid must Shan feel now? Not having verified the facts independently with RIA? Is he crazy? At the very least, he should have a junior secretary call RIA and confirm all the numbers given him by the resident of One Canberra. Then he would not have send the letter out to them. I don't know whether the developer was ever planning to subsidize the country club location, but Jackson by claiming that They were going to so, has made Shan look like a fool. Shan was not in complete possession of all the facts nor was he doing any due diligence to ensure that the info given him was accurate. How did he even become a lawyer in the first place.

I think that all Cabinet Ministers and Perm Secs and Minister of States are cut from the same cloth as he is. Shoot first, and don't bother asking questions later. This is why in the international arena, we have our lunch handed to us. If jackson Ong can snooker a PAP cabinet minister in this way, Far smarter and experienced international diplomats and businessmen are eating our lunch. This comes on the heels of the NOL $86 million USD profit one year after Temasek sold it to the French after years of losses. Really pathetic performance by Shan and not worthy of his time and effort.

Strategic grandstanding is a political tool. However it can go wrong as shown here. The developer is hardly one to want to have their name associated with something held at a CC. It is quite possible they intended to foot the 8K. So quite plausible.
 

Papsmearer

Alfrescian (InfP) - Comp
Generous Asset
what if agm is held in orchid cuntry club and developer reneges on its promise to cough up $8k? no matter how it's skinned at least $6.9k is saved.

U think so easy to just book these venues and renege? U ever heard of a deposit
? Want to book venue, must put deposit. Want to cater food, must also put deposit for caterer. Developer puts up deposit, then if renege, he loses them. No developer will eat it like that.
 

Papsmearer

Alfrescian (InfP) - Comp
Generous Asset
Strategic grandstanding is a political tool. However it can go wrong as shown here. The developer is hardly one to want to have their name associated with something held at a CC. It is quite possible they intended to foot the 8K. So quite plausible.

Yes, usually for a first AGM, they will try to do something a little more lavish. After all, if most units sold already, they also want to cultivate future potential buyers for their next projects. Its good PR to foot the bill at a nice venue at no additional cost to the residents.
 

Papsmearer

Alfrescian (InfP) - Comp
Generous Asset
FT crimes running rampant in zikapore and more and more murders, and the fucking law Minister got so much time to interfere in a $19K problem that is not his concern.
 

eatshitndie

Alfrescian (Inf)
Asset
U think so easy to just book these venues and renege? U ever heard of a deposit
? Want to book venue, must put deposit. Want to cater food, must also put deposit for caterer. Developer puts up deposit, then if renege, he loses them. No developer will eat it like that.

managing agent or company organizes agm orgy lah, so must have deposited their manly load with orgy cuntry club before early withdrawal. but wait, looks like no penalty for changing venue to chongpangchickenwing cc leh.
 

Narong Wongwan

Alfrescian (Inf)
Asset
FT crimes running rampant in zikapore and more and more murders, and the fucking law Minister got so much time to interfere in a $19K problem that is not his concern.

And it's shown not even a 19k problem.
Big shot with so many underlings can get figure wrong. Malu like fuck.
Haha very good comic relief
 

Papsmearer

Alfrescian (InfP) - Comp
Generous Asset
And it's shown not even a 19k problem.
Big shot with so many underlings can get figure wrong. Malu like fuck.
Haha very good comic relief

Like I said, the management company jackon Ong make him look like a fool. How can a law Minister not bother to contact the management company first and get their version of the story and verify facts?
 

scroobal

Alfrescian
Loyal
Not only he did not check, according to MA they did not issue a circular, a notice or anything in writing and the Minister went on the some comments from a resident. For a trained lawyer and an SC thats poor form. Now it has come back to bite him. He made the letter public and again poor form.

Like I said, the management company jackon Ong make him look like a fool. How can a law Minister not bother to contact the management company first and get their version of the story and verify facts?
 

Papsmearer

Alfrescian (InfP) - Comp
Generous Asset
Not only he did not check, according to MA they did not issue a circular, a notice or anything in writing and the Minister went on the some comments from a resident. For a trained lawyer and an SC thats poor form. Now it has come back to bite him. He made the letter public and again poor form.

The big question is who is this condo resident that went to him to complain. he/she must have a great influence on him. He just took the word as gospel. And this resident had so much pull that he would even write a letter to the MA. Probably some charbor he is fucking. The fact that non of his handlers, assistant, crassloot leeders, etc dare to question this resident and verify the facts first, tells me they don't dare to mess with this person. Sounds like a charbor to me to have so much power in his circle.
 
Top