Talk about coincidences.
Possibly the worst MRT breakdown in Singapore's history -- when services on both the North-South and East-West Lines went down leaving an estimated 250,000 commuters stranded in the evening of July 7, 2015 -- coincidentally occurred on the exact same day as SMRT's 16th Annual General Meeting.
Here is a notice of the AGM posted on SMRT's website:
The AGM commenced at 2.30pm at the Raffles City Convention Centre well before the breakdown went into full swing.
But what was mentioned at the AGM could not have been more ironic or at the worst inopportune time:
At @SMRT_Singapore's AGM today, its CEO registered concerns over the overall
financial sustainability of the rail biz with the authorities
— Jamie Lee (@JamieLeeBT) July 7, 2015
And what you should know about is the other ordinary business that was dealt with at the AGM, according to the notice:
3. To approve the sum of S$908,296 (FY 2014: S$805,896) as payment of Directors' fees by the Company for the financial year ended 31 March 2015. Resolution 3
4. To re-elect the following Directors who retire by rotation in accordance with Article 94 of the Company's Articles of Association and who, being eligible, offer themselves for re-election:
(1) Mr Desmond Kuek Bak Chye; Resolution 4
(ii) Mr Bob Tan Beng Hai; Resolution 5
(iii) Mr Tan Ek Kia; and Resolution 6
(iv) Mr Lee Seow Hiang Resolution 7
Top photo by Phap Duong Dieu
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