May 2011 was indeed an interesting month, as it was the month of Singapore’s General Elections 2011. The Election results are widely-known by now, and the Opposition made a breakthrough in being able to secure a GRC, a feat which had never been achieved since GRCs were introduced in 1988. May 2011 also saw the release of financial results for SIA Engineering, Kingsmen Creatives and Boustead; and saw two more dividends being declared (more details in each company’s summary). Cabinet shuffles also made headlines as Minister for National Development Mah Bow Tan finally stepped down after 12 years at the helm of Housing, to be replaced by ex-Health Minister Khaw Boon Wan. It will be interesting to note what effect this will have on property prices, which has been a major gripe for most people who are striving to purchase an affordable flat. COE prices also saw a steady rise ......