LATEST!! SMRT CEO resigns
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Originally posted by Lazybumy:
I am quite surprise that u had forgotten the issue of plp breaking into the depot which happen not one but twice. This by itself is serious enough as it can lead to another attack. I think the only contribution she did is to manage to get the PTC to keep increasing the transport fare which in the end only end up in her pocket as the increase in profit dun go to the shareholder div as there no increase in div to shareholder but alot of increase to her package. Then of cos it really depend what is the company objective, it is1) to provide a affordable/cheap/easy mode of transportation for the Singaporean. 2) Or the objective of the company is to serve as a milk cow to milk the Lesser Mortals. Thus base on u point if the objective is 1), then she is one of the worst CEO. However if it is 2) then I agree that she had done a good job for the past 10 yrs as she manage to get the PTC to keep increasing the fare.its always about profit. about those at the top. about the coffers.
never about citizens.
you think they care about affordability? if so, why always fare hike?
you think they care about competition? if so, why all owned by the same holdings?
the fact they privatised all these companies is enough proof.
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competition...
look at our neighbour upnorth.. 40 bus co plying bet KL & JB.. now all makan kaki... asking for tolong..
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Minister Lui may have a hand in this or PM and the cabinet.
the cabinet is involved when PM Lee made a speech that a committee will be appointed to look into SMRT problems. its hard to see how she can possibility survive this even with strong backing from the board. coupled with public fury and her pay package magnified, and the images of passengers trapped in SMRT trains. she is probably urged to quit otherwise she will be replaced if she is unwilling to step down. 10 years is a long time in a CEO job. I wonder what will happen to the retail shops at SMRT? will there be a change of direction in SMRT businesses when the new CEO takes over? perhaps she has spent alot of time on expanding SMRT retail businesses.
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SMRT businesses are rail, cabs and retails. core business will be rail of course. she probably spent alot of time on cabs and retail, not saying she neglected rail. SMRT also into advertisements, as billboards at SMRT stations and trains too.
will the next CEO, let say with experiences in IT, expanded into IT businesses lol. I wont be surprised, as companies will usually made the same mistake twice.
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next one should be temasek holdings leong ching. she should also step down.
she was not trained, educated nor worked in finance or investment before.
clearly this job is also beyond her. if she is the CEO of a investment firm, she will be sacked for the performance of her company or bank.
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These wayang investigators should compare the Hongkong MTR network with SMRT network- in terms of rail distances , number of stations, staff strength and total staff salaries. and levels and layers. No more over-payment for inadquacies and inefficiencies!
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so how? can decrease the fare or not for SMRT inefficiences and cock up?
I am surprised that no one sue SMRT for their harrowing time inside the tunnel and trapped with no ventilation and light.
even in train rides, their ventilation is not working properly at some carriages, as it is hot and stuff with many people, hardly can feel the air con breezing. imagine it breakdown and trapped when train broke down in service?
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Originally posted by dragg:
its always about profit. about those at the top. about the coffers.
never about citizens.
you think they care about affordability? if so, why always fare hike?
you think they care about competition? if so, why all owned by the same holdings?
the fact they privatised all these companies is enough proof.
They don't care about us. They care about money making from us only.
Unless one is dumb and stubborn if not it is easy to know they care for themselves.
Fare hike every year to be accountable to the shareholders like as if SMRT , transport companies are private organisations. They care not for the responsibility to provide transportation as public service.
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I can only say aft a MRT ride inside the CBD... The problematic places may well be at the bends..
Rush rush rush la.
Somemore, I can say CCL is literally unmanned really... The station has only 2 staff at any shift. Which is why if anything happens on CCL, it's going to be terrible really.
It's likely to do w/ mgmt planning... Maybe they've focused too much to generate growth from retail...
As for fare revision, knowing from HK's experience, I'd rather they do at smaller interval than 1x kns 10 - 20% fare revision.
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Originally posted by sbst275:
I can only say aft a MRT ride inside the CBD... The problematic places may well be at the bends..
Rush rush rush la.
Somemore, I can say CCL is literally unmanned really... The station has only 2 staff at any shift. Which is why if anything happens on CCL, it's going to be terrible really.
It's likely to do w/ mgmt planning... Maybe they've focused too much to generate growth from retail...
As for fare revision, knowing from HK's experience, I'd rather they do at smaller interval than 1x kns 10 - 20% fare revision.
2 staff only?
Cheaper better faster?
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wow she drove a ferrari. also cos of her high handedness management style, alot of high and mid level executives at SMRT resigned in the past few years, not sure if it can be attributed to her or market forces. insider said she was quite impatient and want results fast. also she was retrenched at DFS after 19 years there. when she was appointed as CEO, some were apprehensive as she has no background in engineering. she has a degree in biochemistry. she was born in Malaysia.
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Actually need not worry for her. Our GLC had so many overseas investment, most likely she will be ask to one of them overseas. Afterall, that what happen to TT Durai.
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Originally posted by sbst275:
competition...
look at our neighbour upnorth.. 40 bus co plying bet KL & JB.. now all makan kaki... asking for tolong..
thats what a free market should be about.
you win if you can beat off competition.
in this country majority of the businesses are monopolies. the so-called competition here in singapore are not for the benefits of the consumers. its for show only.
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she has no prob getting a next job.
bet the headhunters are now all busy calling her.
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Originally posted by FireIce:
she has no prob getting a next job.
bet the headhunters are now all busy calling her.
She dun need to wait for headhunter lar. Most likely one of the company under our GLC had already offer her an overseas post already. Afterall TT Durai also get the same offer, so it shld be abt the same with her. Dun miss out the fact that she is close with one of the most powerful woman in the world. -
Ah Kong company got so many around the world.
She can take her pick and earn back her million dollar salary soon.
She should be taking a holiday at the moment.
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Originally posted by FireIce:
she has no prob getting a next job.
bet the headhunters are now all busy calling her.
Maybe overseas.
Don't think she wants to stay in Sg any more after the public outcry.
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Originally posted by charlize:
Maybe overseas.
Don't think she wants to stay in Sg any more after the public outcry.
Sure overseas lar, just like TT Durai, after what he done in NKF, they can only offer him a GLC link company in middle east. Now just dun know where our elites will send her. -
I read there have been more mrt breakdowns and stalling today.
Seems like no end to problems.
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Problems are there for us to solve and learn from
So, pls, let us learn and move on
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Originally posted by charlize:
I read there have been more mrt breakdowns and stalling today.
Seems like no end to problems.
the rats chew the cable lah.
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then SMRT shall introduce cats on tracks to kill the rats
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Originally posted by Mr Milo:
then SMRT shall introduce cats on tracks to kill the rats
they should get rid of all the shops that feed the rats intro by the ex-CEO.
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Originally posted by Clivebenss:
they should get rid of all the shops that feed the rats intro by the ex-CEO.
Meow!
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Mrt stations all selling food.
Ironically, not allowed to eat in the trains.
Catch you and fine you, they make more money from you.
Income opportunity.