Ang Moh FTrash Cock Up The Flyer!

[makapaaa]

<TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR>Nov 13, 2009
</TR><!-- headline one : start --><TR>More trouble looms at Flyer <!--10 min-->
</TR><!-- headline one : end --><TR>Investors attempted to oust chairman last week before apparent U-turn </TR><!-- Author --><TR><TD class="padlrt8 georgia11 darkgrey bold" colSpan=2>By Tessa Wong
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The Singapore Flyer has faced a host of problems since it opened, including a breakdown which left passengers stranded, and a dispute with tenants. -- ST PHOTO: ALPHONSUS CHERN
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<!-- START OF : div id="storytext"-->MORE trouble is brewing within the management of the Singapore Flyer.
<TABLE width=200 align=left valign="top"><TBODY><TR><TD class=padr8><!-- Vodcast --><!-- Background Story --><STYLE type=text/css> #related .quote {background-color:#E7F7FF; padding:8px;margin:0px 0px 5px 0px;} #related .quote .headline {font-family: Verdana, Arial, Helvetica, sans-serif; font-size:10px;font-weight:bold; border-bottom:3px double #007BFF; color:#036; text-transform:uppercase; padding-bottom:5px;} #related .quote .text {font-size:11px;color:#036;padding:5px 0px;} </STYLE>It is unclear whether the investors' bid to unseat Mr Bollen and the two other directors would have succeeded even if they had not withdrawn it. This is because they wield limited power despite having bankrolled over 40 per cent of the money raised for the Flyer. They had waived their voting rights in exchange for certain dividends, and may exercise these rights only if they had not been paid those dividends after the first two years of the wheel's completion.



</TD></TR></TBODY></TABLE>The Straits Times understands that the German investors behind the tourist attraction launched a bid to remove Flyer chairman Florian Bollen last week.
They have apparently now abandoned the bid, for reasons which remain unclear. It is the second time within months that the investors have tried to oust a Flyer bigwig.
[email protected]
Read the full story in Friday's edition of The Straits Times.

 

[makapaaa]

<TABLE border=0 cellSpacing=0 width="100%"><TBODY><TR><TD class=heading>Latest comments</TD></TR><TR><TD id=messageDisplayRegion width="100%"><TABLE style="WIDTH: 100%" cellSpacing=2 cellPadding=0><TBODY><TR><TD style="VERTICAL-ALIGN: top" align=left><TABLE style="WIDTH: 100%" cellSpacing=2 cellPadding=0><TBODY><TR><TD style="VERTICAL-ALIGN: top" align=left><TABLE style="WIDTH: 100%" class=Post cellSpacing=0 cellPadding=0><TBODY><TR><TD style="VERTICAL-ALIGN: top" align=left>They should tie up with those rich mega churches, let these people hold their services in the capsules, with the financial backing of these city folks harvesting new creations of churches, they will NEVER go bust, AND it will serve as novelty for those attending such services, in turn, attracting more cattle to join in for the slaughter.
</TD></TR><TR><TD style="VERTICAL-ALIGN: top" align=left>Posted by: smokingguns at Fri Nov 13 09:46:17 SGT 2009
</TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE></TD></TR><TR><TD style="VERTICAL-ALIGN: top" align=left><TABLE style="WIDTH: 100%" cellSpacing=2 cellPadding=0><TBODY><TR><TD style="VERTICAL-ALIGN: top" align=left><TABLE style="WIDTH: 100%" class=AlternatePost cellSpacing=0 cellPadding=0><TBODY><TR><TD style="VERTICAL-ALIGN: top" align=left>problems there will probably go round and round until official completion and first dividend paid.
</TD></TR><TR><TD style="VERTICAL-ALIGN: top" align=left>Posted by: gemini58 at Fri Nov 13 09:35:59 SGT 2009
</TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE></TD></TR><TR><TD style="VERTICAL-ALIGN: top" align=left><TABLE style="WIDTH: 100%" cellSpacing=2 cellPadding=0><TBODY><TR><TD style="VERTICAL-ALIGN: top" align=left><TABLE style="WIDTH: 100%" class=Post cellSpacing=0 cellPadding=0><TBODY><TR><TD style="VERTICAL-ALIGN: top" align=left>Management foreign talents?
</TD></TR><TR><TD style="VERTICAL-ALIGN: top" align=left>Posted by: Misnomer at Fri Nov 13 09:13:42 SGT 2009
</TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE></TD></TR><TR><TD style="VERTICAL-ALIGN: top" align=left><TABLE style="WIDTH: 100%" cellSpacing=2 cellPadding=0><TBODY><TR><TD style="VERTICAL-ALIGN: top" align=left><TABLE style="WIDTH: 100%" class=AlternatePost cellSpacing=0 cellPadding=0><TBODY><TR><TD style="VERTICAL-ALIGN: top" align=left>Come on guys, it doesnt take lots of effort to maintain a good reputation for the flyer.........
</TD></TR><TR><TD style="VERTICAL-ALIGN: top" align=left>Posted by: sti_moe0173 at Fri Nov 13 09:07:35 SGT 2009
</TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE></TD></TR><TR><TD style="VERTICAL-ALIGN: top" align=left><TABLE style="WIDTH: 100%" cellSpacing=2 cellPadding=0><TBODY><TR><TD style="VERTICAL-ALIGN: top" align=left><TABLE style="WIDTH: 100%" class=Post cellSpacing=0 cellPadding=0><TBODY><TR><TD style="VERTICAL-ALIGN: top" align=left>"...Mr Bollen said the warning notices were issued in error and had, accordingly, been withdrawn."

Which fund is so free, and engage expensive lawyers so that they can issue removal notices to board directors in ERROR??

Please. Don't insult the intelligence of the public.
</TD></TR><TR><TD style="VERTICAL-ALIGN: top" align=left>Posted by: littlebigcat at Fri Nov 13 08:23:57 SGT 2009
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[cooleo]

Those retails shops at the Singapore Flyer are screwed! I went to the flyer just once and made a mental note not to go (even if they offer me free tix).

The flyer experience is something that will only be interesting the first time.

Locals will definitely not be recurring visitors. That only leaves the tourists. Even then, the numbers are still a question mark.