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#331
29-09-2016, 06:21 PM
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Re: 2 young lives lost
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#332
29-09-2016, 07:11 PM
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Re: 2 young lives lost
Majority of SMRT shareholders vote in favour of rail asset sale, Temasek buyout
By Calvin Hui Posted 29 Sep 2016 17:32 Updated 29 Sep 2016 18:28 SINGAPORE: A total of 98.84 per cent of public transport operator SMRT's shareholders voted in favour of selling the company's operating assets to the Government on Thursday (Sep 29). The vote was held at an extraordinary general meeting called by SMRT on Thursday. SMRT's sale of its train licenses and operating assets to the Land Transport Authority comes as part of the New Rail Financing Framework (NRFF). TEMASEK BUYOUT APPROVED Minority SMRT shareholders also voted to accept Temasek's S$1.18 billion offer to buy out the transport operator at S$1.68 a share. A total of 84.4 per cent of the shareholders were in favour of the buyout. Temasek was not included in this vote. State investment firm Temasek holds 54.2 per cent of total shares, and had earlier indicated that it will accept the NRFF. The buyout was offered in the form of a scheme of arrangement. For the buyout to be completed, a simple majority of those in attendance had to be met. Those voting yes should also represent at least 75 per cent of the total value of shares held by those present at the meeting. Temasek plans to delist SMRT and take it private. The sale of SMRT's train licenses and assets will cost the Government S$1.06 billion, although no dividend will be paid out to shareholders. continue reading here : http://www.channelnewsasia.com/news/...e/3166256.html Voting also got technical glitches .  Yeah right take the money and run. Where does LTA take the money from ?
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A good government strives to make its citizens' lives better and not make it harder . Ignore list : rocket_boy is a COWARD rocket_boy is now Zapzaplah aka zaplamparlarzap warboi Craz78 Blacklist bros who I up but never return Evetan86 sbftiankon Wally888
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#333
29-09-2016, 08:18 PM
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When they sack drivers, god make mrt breakdown. Now vote for buyout, even computer can breakdown. Knn. Hopefully khaw walking one day, his Dick will drop off. ____________ Exchange points xiasuay ma?
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#334
29-09-2016, 08:20 PM
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____________ Exchange points cb ma?
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#335
29-09-2016, 08:24 PM
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If Amos yee say sorry, they'll just accept n let him go? So sMrt everytime got problem, just say sorry. Next time breakdown again. Say sorry again Lor! And breakdown 100 more times Ppl should sue smrt n make them pay millions after every breakdown. After they pay 100 mil q year, Immediately they'll change. The minister will freak out after one breakdown. ___________ Exchange points lanjiao ma? Last edited by sadfa; 29-09-2016 at 09:31 PM.
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#336
29-09-2016, 09:34 PM
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Re: 2 young lives lost
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#337
29-09-2016, 09:39 PM
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If u miss yr flight cos you're stuck in mrt one hour, n end up have to pay additional, who suppose to pay? What if u do delivery n late n become penalised? Or u diabetic or heart patient n collapse cos no medicine. Who pay? Cb smrt won't even give u voucher ok! ______________ Can exchange points ma?
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#338
30-09-2016, 10:21 AM
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Re: 2 young lives lost
Delisting SMRT: Transition that is long overdue
Christopher Tan Senior Transport Correspondent Published 5 hours ago SMRT Corp should not have been publicly listed in the first place. Readers may recall that I have written time and again about how it is extremely difficult for a public transport operator to serve three masters: regulator, commuter and shareholder. Quite often, as in SMRT's case, it ends up serving none very well. Not that it is impossible, as demonstrated by Hong Kong's MTR Corp. But MTR operates on a different model, one that allows it to defray operating costs from property development returns. In Singapore, the Government prefers to assume the responsibility of building transport infrastructure, and channel the yields from property development along transport nodes back to the state. continue reading here : http://www.straitstimes.com/singapor...s-long-overdue
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A good government strives to make its citizens' lives better and not make it harder . Ignore list : rocket_boy is a COWARD rocket_boy is now Zapzaplah aka zaplamparlarzap warboi Craz78 Blacklist bros who I up but never return Evetan86 sbftiankon Wally888
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#339
30-09-2016, 10:24 AM
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Re: 2 young lives lost
Shareholders' aye to delisting SMRT
Published 5 hours ago Minority shareholders of SMRT Corp gave a resounding go-ahead for it to be delisted from the stock exchange in a landmark decision yesterday, paving the way for the transport operator to return to state ownership after 16 years. At a Scheme of Arrangement meeting at The Star Performance Arts Centre in Buona Vista, 84.83 per cent of 4,417 shareholders present - voting in person or by proxy - were in favour of selling their shares to majority shareholder Temasek Holding for $1.68 apiece. In total, they represent 92.89 per cent of the shares held by minority shareholders who voted. Temasek, which owns about 54 per cent of SMRT, was not entitled to vote as it was the offerer. The scheme will now be brought to the High Court for its approval. If approved, SMRT expects the arrangement to become effective on Oct 21. Shareholders will be paid for their shares by Nov 1, and SMRT will be delisted thereafter. At an extraordinary general meeting at the same venue just before the Scheme meeting, shareholders voted overwhelmingly in favour of SMRT selling its operating assets to the Land Transport Authority for about $1 billion. continue reading here : http://www.straitstimes.com/singapor...delisting-smrt
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A good government strives to make its citizens' lives better and not make it harder . Ignore list : rocket_boy is a COWARD rocket_boy is now Zapzaplah aka zaplamparlarzap warboi Craz78 Blacklist bros who I up but never return Evetan86 sbftiankon Wally888
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#340
30-09-2016, 10:30 AM
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Re: 2 young lives lost
Social media has field day after SMRT bus gets stuck in mud
Posted 29 Sep 2016 22:22 Updated 29 Sep 2016 22:34 SINGAPORE: The sight of a lone SMRT bus stuck for hours in a field between HDB blocks at Kim Keat Avenue saw Netizens wheeling out all manner of jibes on Thursday (Sep 29). The driver of the bendy bus had taken a wrong turn and attempted to make a U-turn on an open field, but the wheels of the vehicle sank into the mud, and it was only towed away more than 10 hours later. Many social media users noticed a decal on the bus advertising the President’s Challenge, which fittingly read: "You helped him when he was facing life's challenges . " continue reading here : http://www.channelnewsasia.com/news/...d/3166538.html Singapore netcitizens sure got a good sense of humour .
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A good government strives to make its citizens' lives better and not make it harder . Ignore list : rocket_boy is a COWARD rocket_boy is now Zapzaplah aka zaplamparlarzap warboi Craz78 Blacklist bros who I up but never return Evetan86 sbftiankon Wally888
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#341
30-09-2016, 05:36 PM
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Re: 2 young lives lost
Quote:
 LTA now pay 1 billion Singapore dollars for all of SMRT train assets . Temasek buys out all the other shareholders . All profits ( if any ) will go to Temasek . So now SMRT is an empty shell that provides only service . If service breakdowns so how ? So if next time there is a train service disruption can complain to LTA ; Ministry Of Transport ; Temasek and of course to SMRT . Commuters can also complain to CASE . I wonder when the 70% will wake up ?
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#342
30-09-2016, 08:12 PM
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Re: 2 young lives lost
SBS Transit bus stuck in tennis court at Yio Chu Kang; second incident of wayward bus in 2 days
Published 42 min ago Chew Hui Min SINGAPORE - A public bus has ended up in an unlikely place - the second time this has happened in two days. An SBS Transit bus was found in a tennis court next to Yio Chu Kang MRT station on Friday (Sept 30) evening. The bus appears to have crashed through a fence. SBS Transit said it was "stunned", but no one was hurt in the accident. "We are stunned that this has happened and will certainly be launching an investigation into it," said Ms Tammy Tan, senior vice-president of corporate communications. "We are, however, thankful that no one was on the tennis court and no passengers were on board at that time." continue reading here : http://www.straitstimes.com/singapor...yward-bus-in-2 Now buses also have problem . 
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A good government strives to make its citizens' lives better and not make it harder . Ignore list : rocket_boy is a COWARD rocket_boy is now Zapzaplah aka zaplamparlarzap warboi Craz78 Blacklist bros who I up but never return Evetan86 sbftiankon Wally888
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#343
30-09-2016, 08:15 PM
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Re: 2 young lives lost
Man trapped under double-decker bus in accident on Hougang Avenue 9
Published 1 hour ago Chew Hui Min SINGAPORE - A man was trapped under a bus after an accident on Hougang Avenue 9 on Friday (Sept 30). The double-decker bus, service number 72, knocked into the pedestrian at about 10.30am. The 51-year-old man, dressed in a T-shirt and a pair of bermudas, was smeared with blood and had a look of pain on his face in photos submitted by a Shin Min Daily News reader. There was a web of cracks on the bus' windscreen and blood was left on the road after the man was freed. A number of passers-by stopped to help, said Mr Bernard Chua, 45, who was walking to work when he witnessed the accident. Mr Chua called the police and used his newspaper to shield the victim from the hot sun, he told Shin Min Daily News. The Singapore Civil Defence Force (SCDF) said that the victim's right leg was trapped under the bus. The man was freed by SCDF and was conscious as he was taken to Tan Tock Seng Hospital. continue reading here : http://www.straitstimes.com/singapor...ugang-avenue-9
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A good government strives to make its citizens' lives better and not make it harder . Ignore list : rocket_boy is a COWARD rocket_boy is now Zapzaplah aka zaplamparlarzap warboi Craz78 Blacklist bros who I up but never return Evetan86 sbftiankon Wally888
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#344
30-09-2016, 08:57 PM
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Re: 2 young lives lost
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#345
01-10-2016, 12:43 AM
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Thanks to saf act, if you're injured or killed as a nsman, you or yr family get a pitiful amount, compared to injured or killed outside. I bet their excuse is since its service to nation, Thats why u get small amount. So if they scared mrt breakdown will cost them a bomb, they'll say mrt travel already heavily subsided. If not, one trip will cost $10. Therefore, CANNOT CLAIM FROM smrt. So go eat yourself! ___________ Exchange points can claim ma? Last edited by sadfa; 01-10-2016 at 12:58 AM.
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