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COE are controlled by two associations which PAP Sim Ann works in

8::::::D

Alfrescian
Loyal
I guess we can say COE are more or less controlled by two associations which PAP Sim Ann works in.

Singapore Vehicle Traders Association & Motor Traders Association

Since 100% of COE bidding go through members of Singapore Vehicle Traders Association and Motor Traders Association since their members bid for all COE. It's not difficult for them to call each other to set the highest and lowest bid right.

Motor Traders Association
President
Motor Image Enterprises Pte Ltd

Vice President
Cycle & Carriage Industries Pte Ltd

Hon. Secretary
Trans Eurokars Pte Ltd

Hon. Treasurer
Kah Motor Co Sdn Bhd

Committee Member
Borneo Motors (S) Pte Ltd

Committee Member
EuroSports Auto Pte Ltd

Committee Member
Vantage Automotive Limited

Committee Member
Wearnes Automotive Pte Ltd

Singapore Vehicle Traders Association

322601308_592958425993653_8424163086342030856_n.jpg


2024-10-18 14_07_57-Window.png


Sim Ann
Distinguished Advisor
Singapore Vehicle Traders Association
Senior Minister of State, Ministry of Foreign Affairs & Ministry of National Development, Deputy Government Whip
 

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mahjongking

Alfrescian
Loyal
use your backside think will also know COE is a controlled scam, if its free market, it will fluctuate greatly every bidding
 
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bobby

Alfrescian
Loyal
COE is nothing but a tax...which can be defined as a percentage levy on a value for which no goods or services are offered but just a perception of elite ownership and entitlement.
 

laksaboy

Alfrescian (Inf)
Asset
This is the kind of country you are living in. :cool:

Daft Sinkies still follow the fluctuations of COE prices, as though they are influenced by pure market forces i.e. demand and supply. I suppose whenever the propaganda machinery reports on COE prices as though it were actual news, you actually believe that information is meaningful. :roflmao:
 

yubenOh

Alfrescian
Loyal
Wah her laocheebye can take so many old flaccid cocks meh ?? Or she allows her face to be slapped by these old lanjiaos and to squirt on her well coiffed hair ?
 

bobby

Alfrescian
Loyal
The bigger joke is that the COE value is factored into the market value of the vehicle in the calculation of the premium payable,
 

syed putra

Alfrescian
Loyal
No of the opposition parties thought about abolishing COE so I presume sinkies are agreeable to this.
 

True Believer

Alfrescian
Loyal
The Govt talks a big game about fighting inflation when it is their policies which are causing S'pore to be the most expensive city in the world.
Greedy.jpg
 
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