I came across the website CapitaLand the Big Bully at JCube!!
Quote:
How many small businesses have you come in touch in your daily life? How many small businesses have been bullied?
Many small businesses feel powerless and voiceless because they think they could not fight the giant bullies, the landlords. Big retailers do not want to speak out because they are concerned with their leases in the other malls. Small businesses are busy making ends meet, do not have the resources and are afraid of "troubles".
The terms in leasing agreements are generally non-negotiable for small business. In such contracts, small businesses are vulnerable to abuses of contractual power in the same manner as traditional consumers are in their dealings with large businesses. For example, can you negotiate contract terms with any of the telco here? Think also about the cost of watching World Cup 2014 here in Singapore.
Generally, the law in Singapore favours the rich. It is costly to fight or defend in a legal case here. In UK and Australia, code of practice and legislations have been passed to protect the small businesses.
We have a simple aim of raising awareness of the plight of small businesses.
We want to be the example that we are against corporate bully.
X-Boundaries has fulfilled all obligations as a tenant. As JCube on a whole is not doing well, the landlord CapitaLand decides to carry out Asset Enhancement Initiatives (AEI). The objective of AEI is to reconfigure the space into many smaller leasable space. CapitaLand can then rent out at higher rental rate and achieve higher revenues. To proceed with the AEI, the landlord has demanded X-Boundaries to surrender the lease prematurely without due compensation.
Special Promotion to raise awareness of plight of small business. Storewide 15% discount for being X-Boundaries Facebook fans. We appreciate if the fans can share any of our postings related to the JCube issue.
Answer : Big fish eats small fish (That's CapitaLand is behaving got backing of TemaSick Holding)
Quote:
How many small businesses have you come in touch in your daily life? How many small businesses have been bullied?
Many small businesses feel powerless and voiceless because they think they could not fight the giant bullies, the landlords. Big retailers do not want to speak out because they are concerned with their leases in the other malls. Small businesses are busy making ends meet, do not have the resources and are afraid of "troubles".
The terms in leasing agreements are generally non-negotiable for small business. In such contracts, small businesses are vulnerable to abuses of contractual power in the same manner as traditional consumers are in their dealings with large businesses. For example, can you negotiate contract terms with any of the telco here? Think also about the cost of watching World Cup 2014 here in Singapore.
Generally, the law in Singapore favours the rich. It is costly to fight or defend in a legal case here. In UK and Australia, code of practice and legislations have been passed to protect the small businesses.
We have a simple aim of raising awareness of the plight of small businesses.
We want to be the example that we are against corporate bully.
X-Boundaries has fulfilled all obligations as a tenant. As JCube on a whole is not doing well, the landlord CapitaLand decides to carry out Asset Enhancement Initiatives (AEI). The objective of AEI is to reconfigure the space into many smaller leasable space. CapitaLand can then rent out at higher rental rate and achieve higher revenues. To proceed with the AEI, the landlord has demanded X-Boundaries to surrender the lease prematurely without due compensation.
Special Promotion to raise awareness of plight of small business. Storewide 15% discount for being X-Boundaries Facebook fans. We appreciate if the fans can share any of our postings related to the JCube issue.
Answer : Big fish eats small fish (That's CapitaLand is behaving got backing of TemaSick Holding)
