DRAFT COPY
Date of Meeting: 07.09.2007
Venue: Bedok Court Block 295 Function Room
The BCSC Chairman called the meeting to order at 20:30 hour.
Members Present
1. Heng Hock Heng
2. K Tanapalan
3. Laurence Pang
4. Ghalid Awang
5. Cheng Ah Lain
6. Russel D Walklin
7. Allen Walters (arrived 21:30 hour)
Absent with Apologies
1. Freddie Khoo
2. Paul Lim
Agenda
A. Adoption of minutes
B. Committee Members contact update/meetings schedule
C. Update members on Invitations to Marketing Agents/ Solicitors
D. Deadline for Invitations
E. Mission Statement for BCSC
F. Forming of sub-committees
1. Cheng Ah Lain voiced that she would like to withdraw her resignation as she like to serve the committee.The committee welcomed her decision.
2. The minutes of BCSC meeting No.1 were proposed by Ghalid and seconded by Russel.
3. The chairman updated the contacts of the committee members.
4. The committee opted to have regular meetings on the third Tuesday of every month.
5. The committee agreed that urgent meetings could be called upon request from a minimum of 03 members and a quorum of 05 members is needed.
6. The Chairman updated the members of the Invitations sent to eight Marketing Consultants. They are CBRE Richard Ellis, Chesterton International, Savillis S Pte Ltd, KF Property Network Pte Ltd, Colliers International S Pte Ltd, DTZ Debenham Tie Leung SEA Pte Ltd, Credo Real Estate Singapore Pte Ltd and Dennis Wee Realty Pte Ltd.
7. The Proposals from both the Marketing Consultants and Solicitors should be received by the Committee Secretary on or before 17.09.2007
8. The Chairman also sent Invitations to eight Law firms. They are Colin Ng & Partners, Lee & Lee, Khattar Wong, Rodyk & Davidson, Asia Law Corp, Rajah & Tann, Drew & Napier and Wong Partnership.
9. The committee plan to open the proposals on the scheduled 18th September 2007 Meeting.
10. The chairman updated members on the new Blog for Bedok Court . ( http://www.bedokct.blogspot.com/ ). Laurence opined that it is good for info only and not to invite comments to prevent the numerous comments that may flow in. After much deliberation committee members agreed it for info only.
11. The Chairman commented on the proposed amendment that is coming for second reading in the Parliament on the 17th of September 2007. He also said that there have been personal request from committee members to write to the STB to clarify the legality of the BCSC. The Chairman said that our MA had advised that we are legal. The Secretary suggested that in view of this we should clarify our legality as EOGM elected Sale Committee after the bill has been passed in the Parliament.
12. The Chairman suggested to adopt a mission statement so that the Sale Committee will not be side tracked by other activities. There were some suggestions from the SPs present and it was adopted as : "To work towards a FAIR and SUCCESSFUL en bloc sale of Bedok Court Condominium"
14. The Chairman highlighted the costs that have been incurred so far and asked whether it can be passed on to the Marketing Agent once they have appointed. Ghalid suggested we could try and also noted other costs in terms of valuation, legal fees that SPs need to pay when the Sale process takes place.
15. The Chairman asked for lending of AV Equipment for the convenience of all persons present for future meetings. He also asked for volunteers who could take minutes of meeting and maintaining the Blog.
16. The idea of forming sub-committees tasked to look into the various issues of Sales Apportionment, Marketing, Solicitor to be appointed and block representatives for 295, 297, 299 to help in the Sale process were discussed.
17. Laurence suggested waiting for all Committee members to be present before assigning the task force but Chairman felt that time is running out as Invitations deadline are nearing. They can volunteer themselves in the various sub-committee. The issue was put to vote as four to one to proceed with the sub-committee.
18. The meeting was opened to the SPs for participation. The Chairman explained the time-line expectations to all present.
19. Allen Walters explained to the committee members what was discussed at unofficial meetings between certain members. The Chairman noted that there will not be any unofficial meetings in the future in order to prevent any misunderstandings of what is said and done.
20. The meeting was declared closed at 2220hrs.
SPs Present
1. Lee Fook Kee 295 #08-02
2. Steven Chan 295#17-04
3. V. Kumarasamy 295#10-02
4. David/Cecilia Seow 295#01-04
5. Simon Chew 297#10-04
6. Tan Bian Guan 297#11-01
7. Alex Chan 297 #11-02
8. Walklin 299 #03-07
9. Kwan Choon Meng 299#03-02
10.Patricia Lau 299#04-13
11.Tan Hong Siang 299#03-15
Date: 14.09.2007
