Utter nonsense. The minimum requirement is $1 to register a company in Singapore. AIM has already exceeded the requirement by 100%, and therefore is a reputable company. Furthermore AIM is helmed by three highly reputable former PAP MPs who were honorably discharged after years of unblemished service to the nation. No further investigation is required into the transfer of town council assets to AIM.
On the other hand, thorough investigation should be mounted on aljunied town council for mischievously highlighting a proper business deal made by the esteemed PAP. The party is seeking legal advice on further action against the WP for possible defamation and incitement of social disorder.
:p