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Of Niches and Seng Kang West

JohorRookie

Alfrescian
Loyal
Re: Pinky is 别问...

[video=youtube;7YDi_K7mu40]https://www.youtube.com/watch?v=7YDi_K7mu40[/video]

郑秀文 looks like this girl
5243325.jpg
 

Cestbon

Alfrescian (Inf)
Asset
Re: Construction of controversial columbarium under way despite mp promising dialogue

There is only 2 option
1. Cancel the permit for columbarium
2. Allow HDB buyer to cancel the purchasing flat get back all deposit.


MP open dialogue are talk cock. There is only 2 option.
 

xpo2015

Alfrescian
Loyal
Re: Funeral Parlour in Sengkang West? HDB Please Come Clean!

Why are we discriminating against dead people? They need a final resting place too you noe.
 

mojito

Alfrescian
Loyal
Re: Construction of controversial columbarium under way despite mp promising dialogue

There is only 2 option
1. Cancel the permit for columbarium
2. Allow HDB buyer to cancel the purchasing flat get back all deposit.


MP open dialogue are talk cock. There is only 2 option.

3 options. Ignore is an option.
 

Confuseous

Alfrescian (Inf)
Asset
Columbarium – LKY’s chickens coming home to roost?

http://thetwophilo.wordpress.com/20...-lkys-chickens-coming-home-to-roost-and-poop/

As for those future Fernvale Lea residents who have no intention to upgrade, downgrade or even uproot (at least at this point in time) not wanting to live beside what is effectively a gigantic urn of incinerated bodily ashes of the dearly departed (kept in some 90,000 urns according to some estimation) because of feng shui, taboo and other religious and/or superstitious reasons is to my mind perfectly justified.

There are going to be very practical problems, as pointed out by some, of a continual flow of vehicular and human traffic generated by the presence of the columbarium, and temple. For the sake of illustration, if we assume that family visits are restricted to only Saturdays and Sundays, there possibly would be an average of some 860 single visits per Saturday and Sunday throughout the year (assuming universal filial piety amongst the Buddhists).

But it is quite likely that each urn interred at the columbarium would generate more than one set of visitors ranging from filial descendants family members and relatives to friends of the dead, who would likely turn up in small groups coordinated or on their own and that would certainly all add up to a constant flow of vehicular and human traffic. Now when you add into the equation, peak periods of festive days like All Soul Days, temple festivities, movement of funerary employees, related logistics and their vehicles, etc one can well imagine the extent of DEGRADATION that Fernvale Lea residents would suffer in their daily lives at home.

A man’s home is his castle but tell me who would like it if his castle is being constantly beleaguered and besieged by a columbarium throng?

If the 5,000 odd landed property residents of Serangoon Gardens can have their way with regard to the foreign workers hostels – now fenced off from the SGE with a separate access via an off SGE access road to boot, one fails to see why the HDB should want to deliberately antagonise the would-be residents of Fernvale Lea with such short-sighted and cock-eyed planning and development?

One more example of PAP GE ‘death-wish’ or is it a matter of a moribund and inapt political leadership complemented by an incompetent and indifferent civil service?

In the final analysis, I think they are really two of a kind and probably deserved each other. What do you think?
 

Confuseous

Alfrescian (Inf)
Asset
Sengkang temple with columbarium gets green light

Despite objections from residents, HDB and Urban Redevelopment Authority (URA) indicated the proposed Chinese temple with columbarium facilities in Sengkang can go ahead, reported the media.

In a joint statement, the agencies said they will ensure the proposed Chinese temple at Fernvale Link in Sengkang will integrate well with the surrounding developments, the same way other existing places of worship have been integrated in many residential estates.

HDB and URA issued the joint statement after residents expressed unhappiness over plans to provide columbarium services at an upcoming temple at a plot of land surrounded by an Executive Condominium and two Build-To-Order (BTO) projects.

In fact, some would-be residents of the estate have requested for a refund of their BTO flats, while others have started an online petition to stop the development of the columbarium.

The agencies explained the land had been zoned as a place of worship in URAs Master Plan since 2003.
It noted that most places of worship have some columbarium facilities and they are found islandwide.

URAs guidelines provide that only 20 percent of the total gross floor area of such places can be set aside for columbarium use. The columbarium should also be located inside the main building and shielded from public view.

Examples of places of worship with columbarium facilities include Fo Guang Shan Chinese Temple in Punggol, the Church of the St. Mary of the Angels in Bukit Batok, and Seu Teck Sean Tong Temple in Toa Payoh.

URA works closely with HDB and other agencies to ensure that towns are planned comprehensively to be self-sufficient, with a wide range of facilities and amenities to serve the needs of residents. Places of worship can be successfully integrated into the design of residential estates to serve the needs of our people, said HDB and URA.

https://sg.news.yahoo.com/sengkang-temple-columbarium-gets-green-light-030430135--sector.html
 

xpo2015

Alfrescian
Loyal
Re: Sengkang temple with columbarium gets green light

When did PAP plans ever got red lights? Very rare man!!
 

virus

Alfrescian
Loyal
Re: Columbarium – LKY’s chickens coming home to roost?

there may be nothing left in the vault and they use the lost erection excuse to cut the rope and run road.
 

Match

Alfrescian
Loyal
Re: Columbarium – LKY’s chickens coming home to roost?

Die liao! we are going to have roast chickens!
 

Match

Alfrescian
Loyal
Re: MP Lam Par says he will look after residents. Transcript of meeting says otherwis

Shift blame king!
 

Match

Alfrescian
Loyal
Re: Fernvale residents send open letter to Khaw and PM

but you won't know who is manning their FB account
 

xingguy

Alfrescian (Inf)
Asset
Re: Sengkang "temple" - 3 Day Old $1 Company Can Win HDB Tender

Source: The Online Citizen

Web of businesses for company in Sengkang columbarium project
JANUARY 9, 2015 BY HOWARD LEE IN TOC REPORTS

Life-Corporation-team-ST-sc-450x372.jpg


By Gangasudhan

Most of us would have heard of Life Corp, the company embroiled in the construction of the columbarium in Sengkang. Some have judged its competency with the project. But do we know all its business links?

Life Corporation Ltd was originally known as Cygenics Limited and set up in 2004 to explore the business of cordblood storage. It was listed on the Australian Stock Exchange (ASX) and subsequently known as Cordlife Limited from 2007 onwards.

The company officially changed its name to Life Corporation Ltd when the core business was sold on 28 June 2013 to Cordlife Group Ltd which is listed on the Singapore Stock Exchange (SGX), for S$5.5 million. This was following the inclusion of Victor Hoo Kwok Chye, founder of Singapore Funeral Services (known as SFS Care Pte Ltd since 2012), on its board as an executive director on 23 May 2013.

On that same day Victor Hoo joined, Kenneth Lim Chee Kwang – credited as being “pivotal in the negotiation and implementation of the acquisition by the Company of SFS Care Ptd Ltd” in September 2013 – joined the board as the Corporate Affairs Director.

Existing Chief Financial Officer Simon Hoo Kia Wei became CEO, and Group Development Officer, Simon Lee, resigned.

With those changes, Life Corporation Ltd was effectively run under the direct stewardship of Simon Hoo, Victor Hoo and Kenneth Lim. On 1 December 2013, SFS Care Ptd Ltd had been successfully bought over for S$8 million by Life Corporation Ltd and became the only subsidiary of the company.

Just a few shareholders

Life Corporation Ltd is majority owned by the investment funds of HSBC Custody Nominees Australia (18%), Citicorp Nominees Pty Limited (11.41%) and UOB Kay Hian Hong Kong (10.83%), followed by a 10.24% stake by City Challenge Global Limited which is owned by one man, Lau Wai Chi Stellan.

Mr Lau also owns a 9% stake in Cordlife Group Ltd – the company that bought over Life Corporation Ltd’s original core business.

What this means in effect is that as long as the investment fund managers of the three funds and Stellan Lau approve, Kenneth, Victor and Simon are free to make the decisions with regard to the company’s dealings.

Meanwhile, the non-executive Chairman of Life Corporation Ltd is Kam Yuen, whose business involvement is practically a web of investments and cross-holdings, including Cordlife Group Ltd (the company that bought over the core business) and Life Corporation Ltd – both through Golden Meditech Holdings Limited registered in the Cayman Islands, of which he owns a 24% direct stake and another 24% indirect stake (giving him at least a 35% control in voting influence).

Life-corp-ltd-450x253.jpg


On 12 June 2014, Eternal Pure Land Pte Ltd was set up by Kenneth Lim, Victor Hoo and Simon Hoo, using the same address as that of Life Corporation Ltd – 988 Toa Payoh North. This new company has been declared “a wholly-owned subsidiary by Life Corporation Ltd”.

On 8 July a tender was submitted by Eternal Pure Land Pte Ltd for an amount of around $5.2 million to take a 30-year lease on the land parcel in Sengkang, and on 17 July this tender was declared successful. A deposit of S$260,000 was then paid with the balance on 13 August and 14 October.

Merry-go-round funding

In order to pay the balance, Life Corporation Ltd entered into a convertible bond agreement on 22 July 2014 with GM Investment Company Ltd and Northeast Capital Pte Ltd to borrow S$3 million from each.

GM Investment Company Ltd is a wholly-owned subsidiary of Golden Meditech Holdings Limited, and since this parent company is largely under the influence of Kam Yuen, it can be described somewhat as Kam Yuen giving a loan to himself.

Meanwhile, the company offering the other half of the loan, Northeast Capital Pte Ltd, is registered to Hoo Hung Chye, who is the brother of Victor Hoo, under the same address as SFS Care Pte Ltd – at Blk 3 Toa Payoh Industrial Park.

Interestingly, Hoo Hung Chye is also listed as an executive of Life Corporation Ltd under the title of Client Services Director, which essentially means that an employee of the company is lending it money.

While all this financial meandering is not necessarily illegal, it goes towards demonstrating how convoluted the operations of Life Corp and its related businesses are.

There appears to be no safeguards to assure residents that Life Corporation Ltd, through Eternal Pure Land Pte Ltd, won’t just circumvent the legal requirements and focus on its funeral services business instead.

Note: Most of the information was sourced from Life Corporation Ltd’s latest annual report, dated 20 September 2014 (as filed with the ASX), which appears to have more details on the developments of the new core business direction as compared to the annual report document found on the Life Corporation Ltd website. All other sources have been hyperlinked directly in the article for easy reference and verification.


End Of Article​

 

Match

Alfrescian
Loyal
Re: Construction of controversial columbarium under way despite mp promising dialogue

why my posts end up here?
 

Cerebral

Alfrescian (InfP) [Comp]
Generous Asset
20% alloted to collabarium services is a lot! Imagine the size of a typical urn and then the size of 20%.... good luck to the residents there
 

Papsmearer

Alfrescian (InfP) - Comp
Generous Asset
People need to understand something. HDB, URA, PAP represented by Lampar Min etc. cannot budge. If they did, it will be a precedent they cannot live with. Other neighbourhoods will also come out in full force against any ancillary services that they don't like. How can that be tolerated?
 
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