Boycott Sheng Shiong for Economic Thuggery

[makapaaa]

Online Only - Increased rents at wet markets: Any help for stallholders?


Letter from Nelson Quah
06:00 PM Mar 25, 2010
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I refer to "Higher rents at five wet markets from next month" (Mar 24).

It is sad that Sheng Siong, the owner of these markets, has to raise the rents because it has to pay bank interest fees, property tax and maintenance fees after buying the five wet markets for about $25 million.

This would undoubtedly cause much pain and unhappiness to stallholders and customers who have to bear the burden of increased costs.

Can the authorities do something?

 

[BusNo64]

aiya, why nobody set up a BOYCOTT Sheng Shiong facebook yet?

 

[vincenttan]

It is time to Question NEA and HDB, why they tender out these wet markets to be privately owned?

http://lushhomemedia.com/2009/10/21/hdb-clarifies-it-cannot-interfere-in-sale-of-privately-owned-wet-markets/

http://blog.cybernet.sg/2009/10/hdb-clarifies-role-in-sale-of-wet-markets/

Government tries to wash their hands?

 

[VeryWise]

$25mil? Interest fees, property tax and maintenance fees? Who are the winners here? Definitely not the common ppl. Why the hell did SS pay such a premium? I understand they are running a biz but if it's not viable, why paid so much for the sites?

Normal stalls could have paid normal rents, sell at normal prices. Because some stupid F thought he can make some money, overpaid for the sites and charging whoever remains a high rents to recover his investment. Things getting more expensive, life getting tougher for lesser mortals. Why why tell me why? Status quo isn't good in this case?

Online Only - Increased rents at wet markets: Any help for stallholders?


Letter from Nelson Quah
06:00 PM Mar 25, 2010
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It is sad that Sheng Siong, the owner of these markets, has to raise the rents because it has to pay bank interest fees, property tax and maintenance fees after buying the five wet markets for about $25 million.

 

[myfoot123]

I patronised wet market regularly and was surprised that there were gossips about Sheng Siong being an exploitive boss. These gossipers were usually old folks who do not use internet. Sheng Siong must be quite popular among old folks now and the impression it gave to these group of oldies is very negative. I am sure those who walked the wet market would have agreed with me. Boycotting Sheng Siong is the right action. Besides, alternative parties can tap such negative sentiments and tell old folks that PAP existence has resulted in all these problems emerging in the heartlands without any solutions.

 

[halsey02]

Online Only - Increased rents at wet markets: Any help for stallholders?


Letter from Nelson Quah
06:00 PM Mar 25, 2010
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I refer to "Higher rents at five wet markets from next month" (Mar 24).

It is sad that Sheng Siong, the owner of these markets, has to raise the rents because it has to pay bank interest fees, property tax and maintenance fees after buying the five wet markets for about $25 million.

This would undoubtedly cause much pain and unhappiness to stallholders and customers who have to bear the burden of increased costs.

Can the authorities do something?

I thought Nieu seng dan..is an avid MIW supporter?...the authorities do something...ha ha ha ha ha they already did, made money selling it to SS......toopid fellow!:o