"18 April 2008
Dear Friends,
EN BLOC SALE OF BOTANIC GARDENS VIEW
You would by now have received by registered mail the Notice for the EOGM to be held on 3rd May 2008 at 3pm at the BGV Function Room. A second copy is enclosed for you just to make sure that you do not miss out on this important document.
At the first EOGM held on 12 th January 2008, we voted to proceed with the Collective Sale of Botanic Gardens View, and elected a 5 member Sale Committee for this purpose. This coming EOGM, we will be called to decide on the Consultants and the Lawyers to be engaged for the conduct of our Collective Sale.
The Sale Committee has worked hard to secure the services of reputable Consultants for our Collective Sale. We have received quotations form three Consultants and the Sale Committee has deliberated over the proposals. We are unanimous in our choice and will be recommending to the general body the appointment of a strong and reputable Consultant which has proposed a reserve price which is very close to our previous reserve price.
Please make every effort to attend the EOGM and join in the discussion. We value your opinion and it is important to us. If for some reason, you are unable to attend the EOGM, kindly give your proxy to someone who best represents your interest. If you wish someone from the Sale Committee to represent you, you may want to appoint either N.G. Ionides or myself as your proxy to the EOGM by 28 April 208 at the latest. Our particulars are listed below for your easy reference. Please use the enclosed return envelope to mail the completed proxy back to the BGV EN Bloc Office.”
We have, in separate posts, deplored this selective and systematic means by which John Lee and his sale committee excluded passing on important information to owners they suspect not in favour of the sale. This is NOT the first time it has happened and it is NOT a plain error! WHAT ELSE are they keeping from us as legitimate owners of BGV? THIS IS A SERIOUS CAUSE OF CONCERN AS WE HAVE PREVIOUSLY POINTED OUT. STB would definitely be interested to know of such unethical and discriminatory behaviour of John Lee and his Sale Committee, and we fully intend to bring this up as discriminatory behaviour and bad faith during any and all legal proceedings!
As seen by this letter incident (and the other letters as well), John Lee and his Sale Committee is definitely not acting in the interests of all owners in BGV but namely their own interests in pushing through the en bloc of BGV. If they truly act in the interests of all owners, why then are they selective in sending out information only to certain owners? If the Sale Committee can keep information from owners they suspect are not in favour of the sale, what makes you think they might not also do the same, that is, keep important information from owners who are in favour of the sale or only give information that they think will help them push through the sale? For example, under the new law there is a 5 day cooling off period after you've signed the CSA. What is to stop them from excluding information from you that might cause you to rescind your signature within this period, UNTIL it's over and it's too late for you? Whether you are pro-sale or a stayer at BGV, there are SERIOUS IMPLICATIONS for everyone with such a Sale Committee helming the BGV en bloc.
John Lee has indicated clearly in his highly selective letter that owners should "give your proxy to someone who best represents your interest". Yet he offers only himself and Mr Ionides as proxies, as if they represent the interests of the entire estate. If you wish for any of our group to represent you, please contact us at enbloc_bgv@hotmail.com. You can send the completed proxy form to us and we will represent those who feel that the sale is untimely, unjust, and should be stopped.
Vanessa Chan
c/o Ms Sim Bock Eng, Wong Partnership, One George Street
Blk 9, #10-09, Botanic Gardens View
Wong Hwei Ming
Blk 9, #09-17, Botanic Gardens Viewor BGV blog email: enbloc_bgv@hotmail.com
PS. We would like to thank yet another kind owner who sent us a copy of John Lee's 18 April letter. Thank you for your support.
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1 comment:
Try and persuade as many of the stayers in your estate to attend this EOGM. They must also be part of the quorum to be eligible to vote. It is always a serious mistake to not attend in protest - you will be handing them the en bloc on a plate that way.
I am not from your estate, but am following with interest. Pity you didn't get someone from your group on the SC.
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