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GIC among 2 investors buying 71% stake in US manufactured housing business

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SINGAPORE, Aug 16 – Singapore’s sovereign-wealth fund GIC is among two investors who have bought a 71 percent stake in Denver-based Yes Communities, an owner of manufactured housing estates in the United States, the U.S. firm said.
YES is a portfolio company…

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Joseph Schooling receives ovation in Parliament, NS deferment extended

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Singapore swimmer Joseph Schooling was formally congratulated in Parliament yesterday, capping off a whirlwind day which started with him being received by hundreds of adoring fans in Changi Airport, to receiving news that his national service deferment had been extended.

Prime Minister Lee Hsien Loong had said in a Facebook post on Saturday that Parliament would move a motion to congratulate Schooling on his gold medal win and to express support for Singapore athletes competing in Rio.

Schooling and his parents, Colin and May, were present in Parliament.

Minister for Social and Family Development Tan Chuan-Jin, who moved the motion in Parliament, said Schooling’s achievement marks “a milestone in Singapore’s sporting history and a new beginning”.

On Saturday, the swimmer beat 23-time Olympic gold medallist Michael Phelps to clinch the 100m butterfly gold. His time of 50.39sec is an Olympic and Asian record.

The historic win exemplifies the Singapore spirit, he said, adding “our never-say-die attitude, and our determination to preserve and succeed against tough odds”.

Mr Tan, who is also the Singapore National Olympic Council president, said it shows that even the smallest country can achieve something extraordinary.

MPs Baey Yam Keng, Chris de Souza and Workers’ Party chairman Sylvia Lim also rose to speak in support of the motion.

Then, members in the House gave a 30-second standing ovation to Schooling.

It was the first time that such a motion had been moved. Said Schooling: “I think that was pretty cool for me and my family to have that honour and that chance for everyone to say the things that they said in front of us. It was cool and I had goosebumps.”

Schooling, who is scheduled to go back to the United States to continue his studies on Friday, revealed that he is trying to ask for permission from his school to stay longer so he can attend the National Day Rally on Sunday.

Yesterday, Defence Minister Ng Eng Hen said Schooling will have his national service deferred till after the 2020 Olympic Games in Tokyo.

This will allow him to continue training at the University of Texas in Austin, where he is currently studying, ahead of next year’s World Championships and the Tokyo Olympics in 2020.

Schooling arrived in Singapore yesterday morning, where he was greeted by hundreds of fans at Changi Airport’s Terminal 3.

Deputy Prime Minister Teo Chee Hean, Sport Singapore chief executive Lim Teck Yin and Singapore National Olympic Council vice-president Tan Eng Liang were also there to welcome Singapore’s first Olympic gold medallist home.

siangyee@sph.com.sg


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It's not about the money, say VSC officers

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He was responding to a call about a pub brawl and when he turned up, he saw a drunk man striking another man repeatedly with his belt.

The attack was brutal, and there was blood all over the floor.

Senior Station…

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Probation for teen who sexually abused two boys

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The teenager begged the court not to send him for reformative training after pleading guilty to sexually abusing two younger boys while staying at a welfare home.

Zac (not his real name) had sexually abused two 11-year-olds…

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Schooling to continue swimming to 2020

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Instead of rifles, revolvers or fire hoses, Olympic champion Joseph Schooling’s world will revolve around swim caps, googles and swimming tights for the next four years.

Within hours of touching down in Singapore yesterday…

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We didn't know to stay or get off train

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Plumes of “smoke” came out of a train when the doors opened after it pulled into Tanjong Pagar MRT station yesterday.

It filled the station as commuters rushed out, their hands cupped over their mouths and noses.



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Topless woman on Nicoll Highway arrested

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She was spotted walking topless in the middle of the busy road.

A witness, who wanted to be known only as Madam Yu, 51, told The New Paper that the woman caused a traffic jam along Nicoll Highway towards Mountbatten Road at…

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OTHER PARLIAMENT HIGHLIGHTS

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BIN CENTRE COST ‘ACCEPTABLE’

The new centralised bin centre that serves Victoria Theatre and Concert Hall, as well as the Asian Civilisations Museum (ACM), Old Parliament House and the Parliament House was…

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Points of concern

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‘COFFEE SHOP TALK’

Workers’ Party chief Low Thia Khiang argued that the Bill would change conversations online and even at coffee shops because people might be concerned that their comments might be construed…

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Schooling's 'girlfriend' is brainy and sporty

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If you don’t already know about Miss Casey Shomaker, you will soon.

She’s the lucky 22-year-old girl who allegedly gets to call our golden boy…

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