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SINGAPORE MERCANTILE CO-OPERATIVE SOCIETY LIMITED
92nd ANNUAL GENERAL MEETING
VIRTUAL AGM
PRE-REGISTRATION FORM
Please register to attend the Virtual AGM via https://forms.gle/ZRK734dq3x23KB1s6 or by scanning this QR Code:
Note: registration will be opened on 09 June 2023 at 10.00am and closed on 19 June 2023 at 5.00pm.
Kindly provide the following details
- Your Full Name as per NRIC
- NRIC Number
- Email address
- Mobile Number
Members who have registered for the Virtual AGM will be provided a link to the virtual AGM platform together with the login details (username and password) via separate email in the week commencing 9th June 2023.
SINGAPORE MERCANTILE CO-OPERATIVE
SOCIETY LIMITED
NOTICE OF 92nd ANNUAL GENERAL MEETING
NOTICE IS HEREBY GIVEN THAT THE NINETY-FIRST (91st) ANNUAL GENERAL MEETING of the Members of Singapore Mercantile Co-operative Society Limited will be held virtually on Friday, June 23, 2023, at 6.00pm for the following purposes:-
- To confirm the Minutes of the 91st Annual General Meeting held on 23 June 2022.
- To receive the Report of the Committee of Management for the year ended 31 December 2022
- To adopt the Audited Financial Statements for the financial year ended 31 December 2022.
- (i) To approve the payment of Honoraria to Chairman, Vice-Chairman, Hon Secretary, Asst Hon Secretary, Hon Treasurer, Asst Hon Treasurer and Committee Members as shown in accordance with Section 64 (1) of the Co-operative Societies Act, (Cap 62).
- To consider and if approved, to adopt the Estimated Expenditure for 2024.
- To approve a borrowing limit of $50 million from members’ deposit in accordance with Section 68 (2) of the Co-operative Societies Act, (Cap 62).
- To write-off bad debts amounting to $15,002.08
- To approve the Society to invest up to 30% of its total assets in restricted investments and the investment plan for a period of 3 years.
- To approve the proposed amendments to the By-laws 9.2 to 9.5 of the Co-operative.
- To re-appoint Baker Tilly TFW Certified Public Accountants as external auditors of the Co-operative for Year 2023 and to authorise Management to fix their remuneration.
- To re-appoint Baker Tilly TFW LLP Public Accountants and Chartered Accountants as external auditors of the Co-operative for Year 2022 and to authorise the Committee of Management to fix their remuneration.
- To re-appoint Royal Management Services (S) Pte Ltd as internal auditors of the Co-operative for Year 2023.
- To transact any other business of which at least three days notice in writing shall have been given to the Hon Secretary.
For Virtual AGM pre-registration, click here.
By Order Of The Committee of Management
Rathakrishnan s/o Sinnappan
Hon Secretary
Date : 01 June 2023
Note: Nomination Forms for election to serve in the Management Committee are available at the Society’s office. Any member desirous to be a candidate may request for a form from the Hon Secretary which, duly completed and returned before 11.00am on 09 June 2023.
Annual Report and Statement of Account for ‘2022 are available on request at the Society’s premises from 01 June – 23 June 2023 during office hours.
24th August 2022
To: All Members
We wish to inform you of the following :
COMMITTEE OF MANAGEMENT 2022/2023
The newly elected Committee of Management for 2022/2023 are as follows: