Jan 3, 2012

Quorum

The sale committee has 12 months from the date of their election to get a CSA, ratified at an EGM, up and running with a single signature. We are at the tail end of that prescribed period with only 25 days to go. There is only one chance left to hold an EGM and this is it. Everything depends on the 30% quorum being reached on Sat 7 January.

Will they make it?
Judging by the turnout at EGM 3, there is a possibility that the pro-enbloc contingency do not in fact number greatly in the estate. 


The quorum was reached with just 3 minutes to go, and that only because a lady turned up with a few proxies. Had the no camp owners declined to attend, or at least held back their registration until after the quorum was reached.. well, perhaps there would not have been an EGM 3 at all.

But I am sure there are people busying themselves gathering proxies.

ON THE MATTER OF REGISTRATION; this is what the managing agent has to say:

2 comments:

  1. The MA and Lawyers have put in many hours of work into TC enbloc sale.

    Please be aware that they will try all means to get residents to sign the CSA and sell TC in all possible ways in order to get their profit.

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  2. To Anonymmous -- "MA & Lawyers......"
    Please note that they are not doing social works for free in TC. They are motivated by the huge reward if they can get a developer on board. All their long hours spent in TC will be richly compensated

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