The Extra Ordinary General Meeting is on 27th October 2007, Sat.
Venue: Bedok View Secondary School, 6 Bedok South Ave.3
Start Time: 10:00 hour
(Please be puncture, if the required quorum of 30% Share Value is not met at 10:00, the Meeting may be cancelled by the Managing Agent.)
The Proposed Agenda:
1. To consider and, if approved, resolve to change the number of the Bedok Court Collective Sale Committee member from nine (9) to: The number of collective sale committee members shall in no case be less than 3 members or more than 14 members (note: to be in line with the "Land Titles (Strata) (Amendment) Act 2007)
2. To consider and, if approved, resolve that any aforesaid member of the collective sale committee shall be deemed to have resigned if he /she fails and /or refuses to sign the collective sale agreement within one (1) month from the date of the first signing of the collective sale agreement. (note: collective sale committee members should lead by example and to remove uncommitted member)
3. To consider and, if approved that if for any reason whatsoever, any member of the
collective sale committee shall resign or retire from the collective sale committee, the remaining members may by a simple majority vote and appoint a substituted member who is an owner in place of such owner who has resigned or retired. The substituted member so appointed shall have all the powers of the existing member of the collective sale committee. Such substituted member of the collective sale committee shall be deemed to have resigned if he /she fails and /or refuses to sign the collective sale agreement within one (1) month from the date of being appointed as a member of the collective sale committee (note: to enable committee to co-opted new member when need arises)
4. To consider and, if approved to elect more members for the Collective Sale Committee (note: 4 members resigned, balance 5 members left, committee need more support from PRO ENBLOC Subsidiary Proprietors)
5. To consider and, if approved to authorise the Collective Sale Committee to appoint Dennis Wee Realty Pte. Ltd as the Property Consultant for the collective sale of Bedok Court Condominium. To empower and to authorise the Collective Sale Committee to fix the fees, terms and conditions of the appointment (note: Mr. Daniel Ong of Dennis Wee Realty has been providing valuable supports to the Pro-tem sale team and the elected Collective Sale Committee since June 2007)
6. To consider and, if approved to agree to the method of the apportionment of sale proceeds for the Collective Sale Agreement. The methods for consideration are: (A)based purely on Share Value, (B)based purely on Strata Area, (c)based purely on Valuation, (D)based on Average of Share Value and Strata Area. (note: to collectively decide how to apportion the MONEY)
7. To consider and, if approved to the Collective Sale Committee to appoint a Solicitor for the
collective sale of Bedok Court Condominium. To empower and to authorise the Collective Sale Committee to fix the fees, terms and conditions of the appointment.
Date: 07.10.2007 ; 02:25 hour
