Another presidential candidate Peter Ng

[Rogue Trader]

My favourite lao beng Georgie Goh start to attack liao...​

​

Presidential candidate should not have worked in govt-linked firm, received investment from sovereign wealth fund: George Goh​

Ili Nadhirah Mansor/TODAY
Presidential hopeful George Goh visits Geylang Serai Market and Food Centre with his wife on July 16, 2023.

• Presidential hopeful George Goh said a presidential candidate should not have held appointments in a government-linked company
• The candidate should also not be an employee of a firm that had received investments from a sovereign wealth fund, Mr Goh added
• He said this after visiting Geylang Serai Market and Food Centre on Sunday (July 16), where he spoke and took photos with stall owners

BY JASMINE ONG
Published July 16, 2023
Updated July 16, 2023

SINGAPORE — A potential presidential candidate should not be someone who is a senior executive in a government-linked company, or is an employee of an organisation that receives investments from a sovereign wealth fund, said presidential hopeful George Goh.

Mr Goh was responding to questions from the media during his visit to Geylang Serai Market and Food Centre on Sunday (July 16), a day after alternative news website Wake Up Singapore reported that Mr Ng Kok Song, the former chief investment officer of sovereign wealth fund GIC, may contest the elected presidency.

The Straits Times subsequently reported that Mr Ng, currently the executive chairman of investment firm Avanda Investment Management, was "deliberating" adding his name to the list of potential candidates to run in the coming presidential election.

Mr Ng retired from GIC in 2013 before co-founding Avanda with two former GIC colleagues in 2015. Bloomberg reported last year that government-linked firms Singapore Labour Foundation, Temasek and GIC contributed around US$4 billion (S$5.3 billion) in assets to help launch Avanda.

On Sunday, Mr Goh said that whoever is entering the presidential race should not be involved in any political party or grassroots activity, and has not held appointments in a "government-linked corporation or company, or sovereign fund".

He did not mention Mr Ng's name, but Mr Goh also said that a candidate's company should not have received any investments by a sovereign wealth fund.

"Once you have a sovereign fund involved in your organisation, then it becomes very difficult for independence," he said.

Since announcing on June 12 his intention to contest the presidential election, Mr Goh had frequently put himself forth as an "independent" candidate who has had no political party affiliations.

He resigned from his post as Singapore's non-resident ambassador to Morocco to run for the elected presidency, four days after then Senior Minister Tharman Shanmugaratnam said that he would be running as a candidate. Mr Tharman has also quit his government posts.

Whether Mr Goh will be cleared to run for the presidency remains unclear.

Prospective presidential candidates from the private sector are required to run a firm with at least S$500 million in shareholders’ equity during the person's most recent three-year period as chief executive officer (CEO), among other criteria.

Mr Goh runs a group of companies with a collective market capitalisation value of S$3.15 billion.

However, some experts had earlier told TODAY that clause 4(b) of Article 19 in the Constitution provides some discretion for the Presidential Elections Commission to assess a candidate’s suitability to run for President under what is called the "deliberative track".

Through this route, the committee must be satisfied that the prospective private sector candidate has the experience and ability comparable to those of someone who has served as CEO of a profitable company with at least S$500 million in shareholders’ equity for three years.

Mr Goh spoke with the media on Sunday after visiting several stalls at the Geylang Serai Market and Food Centre, where he stopped to talk and take photos with stall owners in the wet market.

He later visited the food centre on level two, where he spoke to several patrons having their meal, before concluding his visit to have lunch with his wife

 

[batman1]

No more walkover !!! No more PAP president !!!

 

[Ralders]

Ng Kok Song is the Plan B candidate by the PAP.
He is the vote splitter.
Until a few weeks ago, Tharman's candidacy should be a walkover.
However, sentiments against the Indian ministers and politicians have turned.
Vivian Balakrishnan, K Shanmugam, S Iswaran.
The PAP fear that the backlash could result in Tharman losing in a freak result
The voters, especially the Chinese, could vote for George Goh.
How to neutralise George Goh?
Split the Chinese votes.
So introduce another Chinese candidate.
Ng Kok Song is very much a PAP man.
He made his millions because he was the influential investment guru of Lee Kuan Yew.
LKY's son LHL is now calling in the favour.
Ng Kok Song will pretend to be an opposition candidate.
But you will tell that he is a vote splitter because...
...he will not campaign very hard.
He is already so old, where got energy to go walkabout?
His KPI is to win more votes than George Goh so that in the event of a freak result
He will win the most votes, ahead of Tharman and George Goh.

Well said

 

[Ralders]

No more walkover !!! No more PAP president !!!

Yes no more walk over

 

[Rogue Trader]

No more walkover !!! No more PAP president !!!

This peter and George are both cards up PAP's sleeve lah.

George cannot make it and now send this ex GIC guy

 

[k1976]

Ng Kok Song is the Plan B candidate by the PAP.
He is the vote splitter.
Until a few weeks ago, Tharman's candidacy should be a walkover.
However, sentiments against the Indian ministers and politicians have turned.
Vivian Balakrishnan, K Shanmugam, S Iswaran.
The PAP fear that the backlash could result in Tharman losing in a freak result
The voters, especially the Chinese, could vote for George Goh.
How to neutralise George Goh?
Split the Chinese votes.
So introduce another Chinese candidate.
Ng Kok Song is very much a PAP man.
He made his millions because he was the influential investment guru of Lee Kuan Yew.
LKY's son LHL is now calling in the favour.
Ng Kok Song will pretend to be an opposition candidate.
But you will tell that he is a vote splitter because...
...he will not campaign very hard.
He is already so old, where got energy to go walkabout?
His KPI is to win more votes than George Goh so that in the event of a freak result
He will win the most votes, ahead of Tharman and George Goh.

Why Bijar other people lobang?

 

[Hypocrite-The]

According to the grapevine Georgie boy would not be qualified to run and Ng Cock Song was asked to run so that dumb Sinkies can feel they have a 'choice'.

So there are 2 strawman candidates?

 

[Hypocrite-The]

This peter and George are both cards up PAP's sleeve lah.

George cannot make it and now send this ex GIC guy

Tat why I spoiling my vote...I will only vote for a true singkies 1st candidate, like Tan Jee say, ah yang or ah Bock

 

[Hypocrite-The]

Ng Kok Song is the Plan B candidate by the PAP.
He is the vote splitter.
Until a few weeks ago, Tharman's candidacy should be a walkover.
However, sentiments against the Indian ministers and politicians have turned.
Vivian Balakrishnan, K Shanmugam, S Iswaran.
The PAP fear that the backlash could result in Tharman losing in a freak result
The voters, especially the Chinese, could vote for George Goh.
George Goh is also PAP's puppet, or PAP sympathiser at the least.
He was asked to run for Presidency so that the voters seem to have a choice.
And the voting results is also important feedback for the next General Election.
But George clearly does not have the qualities and credentials that the PAP wants in a President
Potentially could embarrass the PAP or cause the PAP problems should he become President.
How to neutralise George Goh?
Split the Chinese votes.
So introduce another Chinese candidate.
Ng Kok Song is very much a PAP man.
He made his millions because, at GIC, he was the influential investment guru of Lee Kuan Yew.
He is still making millions in the private sector after starting his own investment company after GIC.
He knows who buttered his bread and he will not go against the PAP.
But LKY's son LHL is now calling in the favour.
Ng Kok Song will pretend to be an opposition candidate.
But you will tell that he is a vote splitter because...
...he will not campaign very hard.
He is already so old, where got energy to go walkabout?
His KPI is to win more votes than George Goh so that in the event of a freak result
He will win the most votes, ahead of Tharman and George Goh.

If tat the case..I encourage all singkies voters to spoil the votes...if 30% spoil the votes it will show pap the middle finger as they candidates are all pappies... N look... Whoever wins..it will not matter...will tartman really speak up for singkies and go against pap? Since whoever wins...will still back pap ...than why legitimise pappies candidates ?

 

[orh mee suah]

The outgoing president Halimah is an Indian.
Tharman may not be the next elected president because he's an Indian.

 

[batman1]

The outgoing president Halimah is an Indian.
Tharman may not be the next elected president because he's an Indian.

The next elected president "can be any race".

 

[k1976]

My favourite lao beng Georgie Goh start to attack liao...​

​

Presidential candidate should not have worked in govt-linked firm, received investment from sovereign wealth fund: George Goh​

Ili Nadhirah Mansor/TODAY
Presidential hopeful George Goh visits Geylang Serai Market and Food Centre with his wife on July 16, 2023.

• Presidential hopeful George Goh said a presidential candidate should not have held appointments in a government-linked company
• The candidate should also not be an employee of a firm that had received investments from a sovereign wealth fund, Mr Goh added
• He said this after visiting Geylang Serai Market and Food Centre on Sunday (July 16), where he spoke and took photos with stall owners

BY JASMINE ONG
Published July 16, 2023
Updated July 16, 2023

SINGAPORE — A potential presidential candidate should not be someone who is a senior executive in a government-linked company, or is an employee of an organisation that receives investments from a sovereign wealth fund, said presidential hopeful George Goh.

Mr Goh was responding to questions from the media during his visit to Geylang Serai Market and Food Centre on Sunday (July 16), a day after alternative news website Wake Up Singapore reported that Mr Ng Kok Song, the former chief investment officer of sovereign wealth fund GIC, may contest the elected presidency.

The Straits Times subsequently reported that Mr Ng, currently the executive chairman of investment firm Avanda Investment Management, was "deliberating" adding his name to the list of potential candidates to run in the coming presidential election.

Mr Ng retired from GIC in 2013 before co-founding Avanda with two former GIC colleagues in 2015. Bloomberg reported last year that government-linked firms Singapore Labour Foundation, Temasek and GIC contributed around US$4 billion (S$5.3 billion) in assets to help launch Avanda.

On Sunday, Mr Goh said that whoever is entering the presidential race should not be involved in any political party or grassroots activity, and has not held appointments in a "government-linked corporation or company, or sovereign fund".

He did not mention Mr Ng's name, but Mr Goh also said that a candidate's company should not have received any investments by a sovereign wealth fund.

"Once you have a sovereign fund involved in your organisation, then it becomes very difficult for independence," he said.

Since announcing on June 12 his intention to contest the presidential election, Mr Goh had frequently put himself forth as an "independent" candidate who has had no political party affiliations.

He resigned from his post as Singapore's non-resident ambassador to Morocco to run for the elected presidency, four days after then Senior Minister Tharman Shanmugaratnam said that he would be running as a candidate. Mr Tharman has also quit his government posts.

Whether Mr Goh will be cleared to run for the presidency remains unclear.

Prospective presidential candidates from the private sector are required to run a firm with at least S$500 million in shareholders’ equity during the person's most recent three-year period as chief executive officer (CEO), among other criteria.

Mr Goh runs a group of companies with a collective market capitalisation value of S$3.15 billion.

However, some experts had earlier told TODAY that clause 4(b) of Article 19 in the Constitution provides some discretion for the Presidential Elections Commission to assess a candidate’s suitability to run for President under what is called the "deliberative track".

Through this route, the committee must be satisfied that the prospective private sector candidate has the experience and ability comparable to those of someone who has served as CEO of a profitable company with at least S$500 million in shareholders’ equity for three years.

Mr Goh spoke with the media on Sunday after visiting several stalls at the Geylang Serai Market and Food Centre, where he stopped to talk and take photos with stall owners in the wet market.

He later visited the food centre on level two, where he spoke to several patrons having their meal, before concluding his visit to have lunch with his wife

Hardlander Sinki love to Ownself Check Ownself ....perhaps Mr Goh dun know woh

 

[Narong Wongwan]

This peter and George are both cards up PAP's sleeve lah.

George cannot make it and now send this ex GIC guy

Dun care this elections is waste of time exercise anyways. But still won’t vote Tharman
Plan B man get in also shiok
Spilt votes let him get elected with low % also shiok

 

[sbfuncle]

Best is vote for anyone you think is a vote splitter.
If that person really got majority vote then the truth will be exposed naturally.

 

[Hypocrite-The]

The next elected president "can be any race".

So last erection was reserved for an Indian?

 

[batman1]

So last erection was reserved for an Indian?

Last presidential election reserved for Malay.

 

[Hypocrite-The]

Last presidential election reserved for Malay.

But hainima is ah neh..not m&d

 

[sbfuncle]

Ng Kok Song, 75, is likely to contest at the upcoming Presidential Elections, which must be held no later than 13 September 2023.

Who is Ng Kok Song?​

If Kok Song does announce his intention to contest at the Presidential Elections, it is almost certain that he would meet the qualifying criteria.


Kok Song is the Chairman and co-founder of Avanda Investment Management, a “low-key” fund backed by, amongst others, Temasek, which has reportedly amassed approximately 10 billion US Dollars in assets. This quantum of the pool of assets that his company manages is well in excess of the 500 million private sector threshold found in Article 19 of the Constitution of Singapore.
According to Bloomberg, the funds three founding clients were the Singapore Labour Foundation, Temasek and GIC who helped “launch the firm with around US$4 billion in assets.”
Before he founded Avanda in 2015, Kok Song worked for more almost three decades in GIC, a professional fund management company that manages the Singapore government’s foreign assets. In an interview with the Sunday Times on 2 March 2013, the former Chief Investment Officer of GIC was reportedly of the view that “complete transparency” may “disadvantage” GIC in the financial markets by giving away information which could be sensitive.

Why he look abit like your signature middle finger pix lao uncle ?

 

[Ralders]

My favourite lao beng Georgie Goh start to attack liao...​

​

Presidential candidate should not have worked in govt-linked firm, received investment from sovereign wealth fund: George Goh​

Ili Nadhirah Mansor/TODAY
Presidential hopeful George Goh visits Geylang Serai Market and Food Centre with his wife on July 16, 2023.

• Presidential hopeful George Goh said a presidential candidate should not have held appointments in a government-linked company
• The candidate should also not be an employee of a firm that had received investments from a sovereign wealth fund, Mr Goh added
• He said this after visiting Geylang Serai Market and Food Centre on Sunday (July 16), where he spoke and took photos with stall owners

BY JASMINE ONG
Published July 16, 2023
Updated July 16, 2023

SINGAPORE — A potential presidential candidate should not be someone who is a senior executive in a government-linked company, or is an employee of an organisation that receives investments from a sovereign wealth fund, said presidential hopeful George Goh.

Mr Goh was responding to questions from the media during his visit to Geylang Serai Market and Food Centre on Sunday (July 16), a day after alternative news website Wake Up Singapore reported that Mr Ng Kok Song, the former chief investment officer of sovereign wealth fund GIC, may contest the elected presidency.

The Straits Times subsequently reported that Mr Ng, currently the executive chairman of investment firm Avanda Investment Management, was "deliberating" adding his name to the list of potential candidates to run in the coming presidential election.

Mr Ng retired from GIC in 2013 before co-founding Avanda with two former GIC colleagues in 2015. Bloomberg reported last year that government-linked firms Singapore Labour Foundation, Temasek and GIC contributed around US$4 billion (S$5.3 billion) in assets to help launch Avanda.

On Sunday, Mr Goh said that whoever is entering the presidential race should not be involved in any political party or grassroots activity, and has not held appointments in a "government-linked corporation or company, or sovereign fund".

He did not mention Mr Ng's name, but Mr Goh also said that a candidate's company should not have received any investments by a sovereign wealth fund.

"Once you have a sovereign fund involved in your organisation, then it becomes very difficult for independence," he said.

Since announcing on June 12 his intention to contest the presidential election, Mr Goh had frequently put himself forth as an "independent" candidate who has had no political party affiliations.

He resigned from his post as Singapore's non-resident ambassador to Morocco to run for the elected presidency, four days after then Senior Minister Tharman Shanmugaratnam said that he would be running as a candidate. Mr Tharman has also quit his government posts.

Whether Mr Goh will be cleared to run for the presidency remains unclear.

Prospective presidential candidates from the private sector are required to run a firm with at least S$500 million in shareholders’ equity during the person's most recent three-year period as chief executive officer (CEO), among other criteria.

Mr Goh runs a group of companies with a collective market capitalisation value of S$3.15 billion.

However, some experts had earlier told TODAY that clause 4(b) of Article 19 in the Constitution provides some discretion for the Presidential Elections Commission to assess a candidate’s suitability to run for President under what is called the "deliberative track".

Through this route, the committee must be satisfied that the prospective private sector candidate has the experience and ability comparable to those of someone who has served as CEO of a profitable company with at least S$500 million in shareholders’ equity for three years.

Mr Goh spoke with the media on Sunday after visiting several stalls at the Geylang Serai Market and Food Centre, where he stopped to talk and take photos with stall owners in the wet market.

He later visited the food centre on level two, where he spoke to several patrons having their meal, before concluding his visit to have lunch with his wife

Vote ah goh

 

[Ralders]

Accompanying Ng was his fiancée Sybil Lau.

Lau is a Singapore citizen who was born in Canada.

She is 45 this year.

Lau graduated from Simon Fraser University and used to work as a financial analyst at Goldman Sachs.

She currently manages her family's wealth, a role that she took on since 2009.