Today is my final day at MCYS. It has been an exciting and deeply fulfilling journey over 7 years. I have been most privileged to have the support of wonderful colleagues, volunteers and members in the ministry, statutory boards, and the various committees and councils, as well as all my friends on this page.

When I first arrived at MCYS in 2004, I quickly discovered that the staff of MCYS are strongly motivated by deeply held values and a keen sense of mission. Many have dedicated their entire professional lives to helping the needy and vulnerable, to build a resilient and cohesive society and to inspire young Singaporeans. I remain awed by their passion and dedication.

Thank you for giving our team the privilege to serve you for the next 5 years in Holland-Bukit Timah.

We have heard your voice. We will continue to listen, to reflect, and to act on the many lessons you have taught us. We thank you for your time and patience. There is still much to be done.

We will serve with all our heart. For those who did not support us – let us work harder to rebuild our relationship with you.

Friends, ladies and gentlemen, let me start with a story.

Seven years ago, I took a boat cruise in Marina Bay and to Sentosa island and St John’s Island. On this boat, was Mr. Lim Kim San and the Minister Mentor Lee Kuan Yew. What was I doing with these 2 wise men on a boat?

This was the time we were trying to decide whether or not to have the integrated resorts with casinos in Singapore and we also trying to decide where to place these 2 integrated resorts. At the end of the cruise, as the boat came back to marina bay, this was before the barrage was built so you could sail into Marina Bay, nice sunset, and in front of us you could see the beautiful skyline, Shenton Way and the Singapore downtown.

Dear friends, residents, of Holland-Bukit Timah and Bukit Panjang, it is a very special moment for me to stand here before you in this field. I see so many of you here, including my father, my wife in the audience.

Just now, Mr Liang Eng Hwa said he was educated in Bukit Panjang English School. 57 years ago, my father and my mother were teachers in Bukit Panjang school. That’s where th

Dear friends, residents, of Holland-Bukit Timah and Bukit Panjang, it is a very special moment for me to stand here before you in this field. I see so many of you here, including my father, my wife in the audience.

Just now, Mr Liang Eng Hwa said he was educated in Bukit Panjang English School. 57 years ago, my father and my mother were teachers in Bukit Panjang school. That’s where they met and as a result, I am here. The school has shifted a bit, but the actual site is Ten Mile Junction where the LRT is. Every time I drive past there, I am reminded that this place is special.

·        Both GIC and Temasek have made significant gains over time, not lost money:

During the 2008–09 global crisis, GIC and Temasek had significant falls in values of their portfolios -   like most other major investors. Their falls were less than the decline in the markets. 

However, GIC and Temasek had made much larger gains in the years before the crisis.  Hence, even during the crisis,  their portfolio values remained much larger than what they were even 5 years earlier.

manifesto_210411[3].pdf Download this file

These plans were co-created by our residents. Thank you all so much. We will do our best to deliver.