GeBIZ × ACRA
who the state pays, found in the register
The Ledger records who received each government award. The Roll records when every Singapore company was incorporated and whether it still exists. Nobody has put the two together. This does — and the answer is duller than it sounds, which is itself the finding.
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Age at first award in this file. The pattern is the story: government procurement is overwhelmingly a business of long-established firms.
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These have not ceased. They are in liquidation, which means they still exist legally and the outcome is not yet settled. This is where the larger sums sit.