23 May '17, 3am

Venue of One Canberra AGM changed amid calls to cut costs

Following a letter from Law and Home Affairs Minister, K. Shanmugam, One Canberra’s appointed managing agent moved the venue of its first AGM to cut costs (Image: Minister K Shanmugam’s official Facebook page) . Realty International Associates (RIA), the appointed managing agent of One Canberra executive condominium, has postponed its first annual general meeting (AGM) to 24 June so that it can be held at Chong Pang Community Club instead of a country club, reported The Straits Times. The move followed calls from residents and community leaders to slash unnecessary cost and a letter from Law and Home Affairs Minister K. Shanmugam reminding them to ensure that “the residents’ money is properly spent”. In a Facebook post, Nee Soon GRC MP Shanmugam said the managing agent and developer had planned to spend S$19,000 for a ballroom. Booking a multi-purpose hall at a community c...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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