How come COC did not intervene earlier?
Let's do some back-of-the-envelop calculations on the account of Arise and Build Fund. Total Arise and Build Funds raised for the new building >$130,000,000. Valuation of Suntec Convention Center after the latest renovation (Asset Enhancement Initiative - AEI) : $400,000,000 Asset: CHC's 39.2% Stake in $400,000,000 Suntec...
The Megachurch Experience
* illustration only Anyone who has even been to a megachurch performance will recognise what I'm describing. Have you ever been a wide eyed newbie going to a megachurch? It's quite impressive. Hundreds of people queuing, laughing, excited to go in and see the performance. You become impressed with the venue, how organized it...
How Is Your CPF Money Being Used And Taken Away?
The Straits Times had done up a graphic to illustrate the “alleged sham bond investments” and “round-tripping” conducted by City Harvest Church and the companies linked to the church. (ST Graphics) It got me thinking again about how our CPF monies is rerouted for investments. In Chart 1, you can see a simplified chart...
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- cna on Putin escalates Ukraine war
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