The Strata World

An Encyclopedia for Strata Living

Book Launch Today 11.11.2020

A Practical Guide to Strata Management in Singapore (Second Edition) was successfully launched at Real Estate & Construction Academy this afternoon. The audience comprised: Representatives from managing agent firms, developer firms, legal firms, real estate agencies, insurance agencies, council members  of MCSTs and property owners. Special Speakers: Wan Fook Kong (Equity Owner of Qornerstone Ltd), Read more about Book Launch Today 11.11.2020[…]

How do we know which subsidiary proprietors are to be granted voting rights at an MCST AGM?

Let us paint a scenario whereby maintenance fee is collected from subsidiary proprietors on a quarterly basis and that the date due for the next collection of maintenance fee is on 1 June. Assume also that a late payment interest of 10 per cent is to be imposed 30 days after the maintenance fee is Read more about How do we know which subsidiary proprietors are to be granted voting rights at an MCST AGM?[…]

eAGMs to be allowed until June 30 next year

Most eAGMs convened by my company in the past 2 months were delivered in shorter time by up to 50% comparing with 2019. There were significant reduction in the use of paper, giving an impressive 80% saving in cost for some MCSTs.eAGM is likely the preferred future mode for the delivery of general meetings. https://www.straitstimes.com/politics/parliament-virtual-agms-shareholder-meetings-can-continue-until-june-30-next-year?utm_source=STSmartphone&utm_medium=share&utm_term=2020-09-05+00%3A11%3A03