TR EMERITUS

I am writing this letter in response to the following article on TR Emeritus. [ LINK ] Just to make sure I was not beating around the wrong bush, I went to the following website to determine the government’s definition of an “Exempt Private Company”. [ LINK  ] This is what I found on the site. “What is an Exempt Private... 

The present saga - in the ability of a $2 Company owned by the PAP being able to undermine the workings of the AHTC managed by WP - should be a wake-up call to all Singaporeans. It is amazing that the PAP should allow itself to be exposed in this sordid arrangement using PUBLIC FUNDS - accumulated in the 14 PAP Town Councils... 

(26) To grant pensions or gratuities to any past or serving directors, officers, or employees of the Company or to the relations, connections, or dependents of any such persons, …  – “On Monday, in a letter addressed to the media, chairman Chandra Das said AIM’s directors “do not receive directors’ fees or any other...