The 33rd Annual General Meeting SPGG held its 33rd Annual General Meeting (AGM) on Saturday, 20 October at the Grand Ballroom with a turnout of 74 members comprising 28 Life, 42 Ordinary and 4 Associate members. President Vincent Lim called the meeting to order at 1.30pm and proceeded to give an overview of the Guild’s past year achievements, events held, and issues and challenges faced before confirming the Minutes of the 32nd AGM, held on 28 Oct 2011. President Lim was pleased to announce that besides achieving a record cash balance of about $2.73 million in the last Fiscal Year (FY), our Food & Beverage operations had also seen a profit for the first time in the history of SPGG! What’s more, our Jackpot takings had increased by 25% when compared to the previous FY. Mr Lim was extremely grateful to Singapore Polytechnic as he shared the good news with members that SP would forego the cumulative interest of $1.05 million owing to them. This would thereby reduce the outstanding principal sum to $2.175 million and would allow SPGG to settle the dues by 2018! Several achievements over the last FY included the completion of the renovation of the Poolside Café and Lustre Lounge (formerly known as the Prince Edward Lounge), the successful mass media membership recruitment campaign, the introductions of many new members’ benefits, the forming of 5 interest groups, the setting up of the SPGG Endowment Fund and also our reciprocal and affiliate tie-ups with local and overseas clubs. On the membership front, we had seen a record high recruitment of 385 new members – an increase of 56% from the previous FY. SPGG also welcomed three new Corporate Members in FY 12, namely the Marketing Institute of Singapore (MIS), Singapore Polytechnic (SP) and Singapore University of Technology & Design (SUTD). Mr Lim also emphasised that SPGG would continue to strengthen its ties with our alma mater, the Singapore Polytechnic, and other alumni groups in Singapore such as NUSS and NAA, and also other local social clubs such as
President Lim (centre) addressing the members with Hon Gen Sec Jimmy Lim (left) and Hon Treasurer KK Wong (right)
On the membership front, we had seen a record high recruitment of 385 new members – an increase of 56% from the previous FY.
Hon Gen Sec Jimmy Lim (extreme right) with members at the Buffet Lunch
Member Lim Meng Tong posing a question to the President
SIA Group Sports Club and Hollandse Club. He spoke at length on the future plans including the upcoming renovation of the Front Lobby, Jackpot Room, Study Room and Business Centre. He said that this would be followed by a next phase of renovation to The Restaurant, enhancements of Spa facilities, and also the re-branding SPGG to realise our Vision, and more! With no further matters to discuss, the AGM came to an early end at 3.20pm. DEC 2012 - FEB 2013