It is true from what I heard from an ex-finance guy from MEH. The promised fund from "mr low" didn't materialiase at last minute for the reason we all know, it further deteriorates their financial situation which was already tight before that. Another interesting gossip, he was supposed to be present at the afterparty of that famous party, but some US media started getting on him so he didn't turn up.

Dear Colonial Loft purchasers,
my law firm is representing a client who purchased a Colonial loft unit in November 2010. The Developer delivered vacant possession to my client in September 2015. The said unit and the common areas were still not completed when vacant possession was delivered. My client is obviously dissatisfied with this situation.

The main issue here is whether the Developer can avoid it's obligations and responsibilities by delivering vacant possession of a grossly incomplete building to a purchaser and avoid payment of substantial compensation to a purchaser. Apart from this main issue which is linked to liquidated ascertained damages (L.A.D.), there are a number of other issues which the Developer has to answer for.

As such, my firm, Messrs Lopez & Chin and our associate from Messrs Azri Lee Swee Seng & Co wish to call for a meeting of Colonial Loft purchasers to discuss and resolve this matter.

If you are a dissatisfied purchaser of a unit/units at Colonial Loft or any other building in Empire City, kindly send us an email at action@lexlnc.com.

Please include the following information:

Name:
Building name:
Tel/email/other contact details:

We intend to set a meeting date before the end of March 2016 and we want to get an indication of how many purchasers want to get this matter resolved.

Thank You.
p.s.

the email above is spelt London England Xanadu London Norway China (lexlnc)