Did the MDA CEO pay cash $10 million or take bank loan to buy her Coral condo?

[Narong Wongwan]

No special discount right? It was a company disclosure. How come no one dig up dirt on husband?

Insider discount thats why the company disclosure...........wonder if they will similarly donate the discount to charity machiam LKY style after LKY and family scandal back then.

 

[enterprise2]

Haha, you are right in the fact that Hong Kong people are no longer as gutsy as before but also kept complaining about the system. But I can assure you the transport system here is way way ahead of Singapore. These same Hong Kong who look at Singapore with envy most of the time got out of the country (back to Hong Kong) after receiving their Singapore passport. Because they realised there are more spin story masters in Singapore and its a much tougher place to make money (high regulated environment). On the other hand, there are far more Singaporean and Malaysian people happily settled in Hong Kong.

I am more than happy to continue to debate with you on this ^_^.

The other thing about HK is that the car ownership is much lower than Singapore even though the cars are cheaper (much cheaper) although parking charges are expensive. I think it is because the public transport system is reliable whereas in Singapore it is not, thats why people die die must have cars no matter what. This is another important point considering that the salaries in HK are higher than Singapore.

 

[watchman8]

The other thing about HK is that the car ownership is much lower than Singapore even though the cars are cheaper (much cheaper) although parking charges are expensive. I think it is because the public transport system is reliable whereas in Singapore it is not, thats why people die die must have cars no matter what. This is another important point considering that the salaries in HK are higher than Singapore.

In hk, parking in city is really tough to find and expensive. Also because cars are much cheaper relative to homes, cars are seen as much less of status symbol.

In Singapore, parking is still relatively easy even in town areas. Some city centre monthly parking fee is only $200.
Also due to COE and ARF, car prices are astronomical, so cars become a mobile status symbol, that is important to impress clients and girlfriends. Also because car prices are so high, once purchased, the car owners will maximize the usage every day. The public transport system is also deliberately operated above capacity to make it very uncomfortable, and thereby further elevating the car status symbol.

LHL cannot be so dumb as to not know the mentality. But his primary intention is revenue generation, so he opted for current system to milk the maximum out of everyone.

 

[enterprise2]

In hk, parking in city is really tough to find and expensive. Also because cars are much cheaper relative to homes, cars are seen as much less of status symbol.

In Singapore, parking is still relatively easy even in town areas. Some city centre monthly parking fee is only $200.
Also due to COE and ARF, car prices are astronomical, so cars become a mobile status symbol, that is important to impress clients and girlfriends. Also because car prices are so high, once purchased, the car owners will maximize the usage every day. The public transport system is also deliberately operated above capacity to make it very uncomfortable, and thereby further elevating the car status symbol.

LHL cannot be so dumb as to not know the mentality. But his primary intention is revenue generation, so he opted for current system to milk the maximum out of everyone.

Wonder if we can somehow duplicate the HK situation. Do away with the COE, raise car park charges by x times.....make the car cheap so that it becomes less of a status symbol and of course improve the public transport. I mean the closest model to Singapore is HK so if they can do it, why not us??

 

[watchman8]

Wonder if we can somehow duplicate the HK situation. Do away with the COE, raise car park charges by x times.....make the car cheap so that it becomes less of a status symbol and of course improve the public transport. I mean the closest model to Singapore is HK so if they can do it, why not us??

Can't happen until this govt changes the revenue maximization, expense minimization objective. The modus operanti since pap took over was to squeeze the poor onto overcrowded trains while charging sky high for cars. In this way, the govt minimized public transport spending while maximizing car tax revenue.

If you add up the annual COE, ARF and ERP revenue, it will be more than annual budget for new mrt lines and roads. Fuel tax can be considered net profit.

For a period when MBT is transport minister, he under invested in new mrt lines. hence the transport ministry profit at that time was much bigger.

 

[enterprise2]

Can't happen until this govt changes the revenue maximization, expense minimization objective. The modus operanti since pap took over was to squeeze the poor onto overcrowded trains while charging sky high for cars. In this way, the govt minimized public transport spending while maximizing car tax revenue.

If you add up the annual COE, ARF and ERP revenue, it will be more than annual budget for new mrt lines and roads. Fuel tax can be considered net profit.

For a period when MBT is transport minister, he under invested in new mrt lines. hence the transport ministry profit at that time was much bigger.

Then it is the PAP that got us into this situation with their policies. Just like how their policies got us into the situation where we are not replacing ourselves.

 

[dumbo]

when 33% president was chairman of sph, the whore family and frens bought up the bulk of a condo project, at special discount, built by sph then.

 

[escher]

Wonder if we can somehow duplicate the HK situation. Do away with the COE, raise car park charges by x times.....make the car cheap so that it becomes less of a status symbol and of course improve the public transport. I mean the closest model to Singapore is HK so if they can do it, why not us??

You buggers just do not get the fucking idea.

HK has a real government , answerable to the HKers.

Stinkapore got a fucking vampire smear of shit on sole of shoe LKY and his PAP maggots and cockroaches who are out to fuck and
screw sinkies of as much money as they can get to screw and fuck sinkies by.
All the policies of PAP are designed to get $$$$$$$$$ for themselves.

NO OTHER FUCKING MODELS EXIST BUT TO SCREW AND FUCK SINKIES OF $$$$$$

GET THAT INTO YOUR FUCKING HEADS

VOTE THEM ALL OUT IN 2016
AND PRAY LKY GO EAT JOSS STICKS AND CANDLE WAX BEFORE THEN.
THAT IS YOUR ONLY FUCKING HOPE

 

[enterprise2]

Just wondering if any laws were broken...any conflict of interest situation?? Any bribes? Any financial misconduct?......in all the secret launches enjoyed by our top civil servants and ministers.

 

[escher]

Just wondering if any laws were broken...any conflict of interest situation?? Any bribes? Any financial misconduct?......in all the secret launches enjoyed by our top civil servants and ministers.

You think they care if they broke laws?

ALL THE FUCKING KANGAROOS ARE PART OF THE PAP COCKROACHES AND MAGGOTS
ALL THE LAWS ARE TWISTED AND BROKEN BY THEM
AND KANGAROOS WILL TELL ALL YOU STUPID SINKIES IT IS OK

RECALL FUCKING GOH CHOK TONG AND LEE IN ELECTION BOOTH STARING AND GLARING AND INTIMIDATING VOTERS AND THE FUCKING KANGAROO SAID IT IS OK FOR THEM AS THEY WERE THERE FOR FUCKING PURPOSE AND NOT LOITERING.

OUR ONLY HOPE IS TO PRAY LKY GO EAT JOSSTICKS AND CANDLEWAX
AND PAP SCUMS AND MAGGOTS IMPLODE IN ORGY OF BACK STABBING AND FRONT STABBING AS THEY WANT TO ROB EVEN MORE AND MORE

 

[Narong Wongwan]

Just wondering if any laws were broken...any conflict of interest situation?? Any bribes? Any financial misconduct?......in all the secret launches enjoyed by our top civil servants and ministers.

No such thing.......everything in sinkieland is transparent...........so clear until you can't see.

Business as usual........as you know its not the first time these type things happen......

http://yoursdp.org/news/why_was_the...kew_chai_at_a_political_dinner/2008-05-07-235

 

[enterprise2]

No such thing.......everything in sinkieland is transparent...........so clear until you can't see.

Business as usual........as you know its not the first time these type things happen......

http://yoursdp.org/news/why_was_the...kew_chai_at_a_political_dinner/2008-05-07-235

I am sure if dig sure can find some dirt. Even Pinky and family got into trouble with the Nassim Jade purchases years back. Only question is whether there is any whistle-blower, whether the authorities want to close one or two eyes!! I am pretty sure if WP involved, this will be in the front pages.