Sunday 7 February 2010

CSC Letter cum Survey

On 3 February, those of us staying at BGV received a letter from the BGV CSC. For those living off-site or overseas, they would have received the letter anytime from 4 to 9 February.

The letter from CSC is reproduced below.



The main points in the CSC letter are that:
1. The CSC has agreed to a marginal compromise with regards to the apportionment method in the CSA.
2. The CSC seeks to determine if BGV owners wish to continue or to call off the BGV enbloc sale via a survey.

While we applaud the CSC for wanting to hear from us owners with regards to our thoughts about the enbloc sale of BGV via the survey form, we have serious concerns with the validity and reliability of the survey form. We shall address our concerns in the next post.

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