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http://www.todayonline.com/Singapore/EDC11...on-of-new-towns "The National Development Ministry will announce on Friday the formation of new towns, 14 days after the publication of General Election results. More details will be provided on who the town council chairmen will be and the new names of the town councils, if any, to reflect changes in the redrawn electoral map. MediaCorp understands that some decisions have been reached. For instance, residents of the new single wards will likely be served by town councils of nearby Group Representation Constituencies (GRC), such as the ones they used to belong to, for economies of scale. Meanwhile, in Ang Mo Kio GRC, the new town council chairman is set to be Dr Lam Pin Min, Member of Parliament in neighbouring single-seat ward Sengkang West. Ang Mo Kio MP Inderjit Singh, who was its town council chairman for the previous two terms, told MediaCorp that the team submitted papers last week nominating Dr Lam for the post. Changes are also expected at Hong Kah Town Council. It will likely be renamed Chua Chu Kang Town Council with Mr Zaqy Mohamad as its new chairman. The Chua Chu Kang MP will replace Mr Ang Mong Seng, who has retired from politics. Some chairmen look set to stay, like Mountbatten MP Lim Biow Chuan for Marine Parade Town Council and MP Denise Phua, in her new GRC of Moulmein-Kallang. Cheow Xin Yi" [thumbsup] Immediately after KBW take over and make a starting move to change the SMC and GRC management for further cost savings. [thumbsup]

Now, waiting eagerly for the formation of the new Cabinet after GE2011. Wonder whether there will be a drastic change in the line-up. Would be interesting to find out where are they going to place MBT, WKS, LSS, VB, Khaw, TPL & etc. What is your take? PS - STI have been performing ok and unaffected by GE2011. Regards,