QUOTE(a123 @ May 13 2014, 12:41 AM)
Management is now under JMB. Developer only has two of the 13 in JMC. It has a larger controlling interest once strata title is issued when voting is by share units. This will be the time where people like me will be voted out for my effort at exposing many financial, technical and management errors (not important whether they were deliberate). Anyway I have only promised to serve one year from the very beginning. So this cannot influence my impartiality. Management is so poor that I cannot fight to be more transparent until the source of the problem is fixed. Doing so would affect investors confidence! The problems and frustrations at JMC level have even cause the Chairman to resign in the past week. As part of my transparency promise, I hope to fight to make available to all owners quarterly management accounts once new FM settles down.
Bear in mind JMB got to follow all legalities. JMB may be sued by owners for loses due to the effects of its decisions like in Bf case. Reality dictates the developer's original vision is no longer practical.
a123, could you tell us who is the acting Chairman or have JMC elected a replacement Chairman ? Thanks.Bear in mind JMB got to follow all legalities. JMB may be sued by owners for loses due to the effects of its decisions like in Bf case. Reality dictates the developer's original vision is no longer practical.
May 26 2014, 12:31 PM

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