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Building Lifelong Relationships - NUSS

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national university of singapore society<br />

annual report 2006<br />

Extending Our Reach,<br />

<strong>Building</strong> <strong>Lifelong</strong><br />

<strong>Relationships</strong>


nuss<br />

annual report 2006<br />

mission statement<br />

To foster a lifelong<br />

relationship with NUS<br />

and the wider<br />

graduate community<br />

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At <strong>NUSS</strong>, a lifelong relationship<br />

with NUS and the wider<br />

graduate community is<br />

achieved through two mutually<br />

reinforcing thrusts:<br />

n promoting the interests of<br />

its members and NUS and<br />

n contributing positively to<br />

Singapore’s political and<br />

intellectual development<br />

and helping to cultivate a<br />

more gracious social and<br />

cultural environment.<br />

As the foremost graduate society,<br />

<strong>NUSS</strong> strives to promote the<br />

interests of its stakeholders<br />

by providing appropriate<br />

platforms for all to socialise, build<br />

networks, improve connectivity<br />

and exchange ideas through<br />

a multitude of recreational,<br />

academic, political, social and<br />

cultural activities.


contents<br />

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nuss<br />

annual report 2006<br />

02 notice of annual general meeting 04 president’s message 06 management committee 10 year in review 2006<br />

14 minutes of annual general meeting 22 minutes of general meeting 29 report of management committee<br />

32 report of sub-committees 65 auditors’ report 66 balance sheet 67 income and expenditure account<br />

84 five-year financial performance


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annual report 2006<br />

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Notice of<br />

Annual General Meeting<br />

Dear Members<br />

Notice is hereby given by the Management Committee that the Annual General Meeting of the National University of Singapore<br />

Society will be held on Friday, 27 April 2007 at 7.30pm at Kent Ridge Guild House, 9 Kent Ridge Drive, Singapore 119241.<br />

The business to be transacted at the Meeting is as follows:<br />

1. To confirm the Minutes of the last Annual General Meeting held on 28 April 2006.<br />

2. To confirm the Minutes of the General Meeting held on 2 March 2006.<br />

3. Matters arising from the last Annual General Meeting held on 28 April 2006.<br />

4. Matters arising from the General Meeting held on 2 March 2006.<br />

5. To receive and, if approved, to pass the Annual Report of the Society for the year ending 31 December 2006.<br />

6. To receive and, if approved, to pass the Balance Sheet and Statement of Accounts of the Society for the year ending<br />

31 December 2006.<br />

7. To elect eight (8) members to the Management Committee.<br />

8. To appoint an auditor for the ensuing year.<br />

9. To transact any other business in accordance with the Society’s Constitution.<br />

In accordance with Article 26(1) of the Society’s Constitution, eight (8) vacancies in the Management Committee will arise. The<br />

following members will cease to be members of the Management Committee:<br />

1. Lai Kim Seng 5. Johnny Tan Khoon Hui<br />

2. Chandra Mohan K Nair 6. Tan Siang Chik<br />

3. Oon Tik Lee 7. Tong Hsien-Hui<br />

4. Siva S Retnam 8. Wong Peng Meng<br />

The following members will continue to hold office for another one (1) year:<br />

1. Mohan Balagopal 5. Edward S Tay<br />

2. Vincent Rasa Benedict 6. Teo Chin Tuan*<br />

3. Ong Pin Sam 7. Yee Woon Yim<br />

4 Francis Pavri (Dr) 8. Yip Kum Fei<br />

* Resigned with effect from 7 February 2007 due to overseas posting


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annual report 2006<br />

In accordance with Article 42(1), 43 & 46 of the Society’s Constitution, to consider and pass the following resolution:<br />

“That approval be granted pursuant to Article 14(5) of the Constitution for the Committee to determine a prescribed transfer fee<br />

of less than $2,000.00 (“Discounted Transfer Fee”) for transfers of membership satisfying the following conditions:<br />

(a) the transfer is from spouse to spouse, parent to child or child to parent;<br />

(b) the membership has previously not been transferred by way of payment of a Discounted Transfer Fee or, where the<br />

membership has previously been transferred by way of payment of a Discounted Transfer Fee, the membership has since<br />

been transferred by way of payment of the full transfer fee.”<br />

In accordance with Article 16 of the Society’s Constitution, Honorary Members, Term Members, Overseas Members, Associate<br />

Members, Associate Members who have become Life Members or Senior Members, Corporate Members shall not be qualified<br />

to (i) be officers of or members of the Management Committee unless co-opted by the Management Committee, or (ii) vote,<br />

to move or second resolutions or (iii) nominate members for election to the Management Committee.<br />

In accordance with Article 41(3) of the Society’s Constitution, no resolution shall be proposed at the Annual General Meeting<br />

unless the terms thereof have been previously notified to the Honorary Secretary in writing not less than fourteen (14) days<br />

before the date of such meeting.<br />

Dated this 12th day of March 2007.<br />

Yours sincerely<br />

For and on behalf of the Management Committee of <strong>NUSS</strong><br />

Lai Kim Seng<br />

Honorary Secretary


nuss<br />

annual report 2006<br />

President’s<br />

Message<br />

As quickly as it came, the year 2006<br />

has now passed us by. Looking back<br />

on the flurry of activities for 2006, I am<br />

happy to note that it was a fulfilling<br />

and meaningful year for <strong>NUSS</strong>. In the<br />

furtherance of the Society’s mission and<br />

strategic direction, we have experienced<br />

a memorable year in 2006.<br />

To celebrate our alma mater’s hundredth<br />

anniversary we spearheaded the NUS-<br />

<strong>NUSS</strong> Centennial Golf Challenge and<br />

successfully established Singapore’s<br />

first-ever golf Guinness World Record.<br />

This bears testament to the productive<br />

and successful collaboration that can be<br />

achieved when university and alumni<br />

stand unified.<br />

To enhance the strong bond and closeknit<br />

relationship that we share with<br />

our alma mater, the Management<br />

Committee initiated and hosted<br />

two get-together functions. We met<br />

with the Executive Committee of the<br />

NUS Board of Trustees for dinner in<br />

July 2006 and had the privilege of<br />

hosting a dinner for His Excellency<br />

Mr S R Nathan, President of the Republic<br />

of Singapore, in his capacity as the<br />

NUS Chancellor together with three<br />

of the Pro-Chancellors of NUS, namely<br />

Dr Cheong Siew Keong, Dr Andrew Chew<br />

and Mr Ngiam Tong Dow, in September<br />

2006.<br />

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When the University recognised the<br />

contributions of its alumni with a<br />

series of awards in 2005, eight of the<br />

ten recipients were <strong>NUSS</strong> members.<br />

The NUS Eminent Alumni Award was<br />

conferred on Senior Minister Mr Goh<br />

Chok Tong and Dr Tony Tan, Chairman<br />

of the National Research Foundation<br />

and former Deputy Prime Minister.<br />

Five other prominent members -<br />

Mr Harry Chan Keng Howe, Dr Chee<br />

Phui Hung, Professor Arthur Lim Siew<br />

Ming, Emeritus Professor Kiang Ai<br />

Kim, Professor Saw Swee Hock and<br />

Mr Wong Ah Long - received the NUS<br />

Distinguished Alumni Service Award as<br />

well.<br />

The spirit of cooperation and symbiotic<br />

relations between NUS and <strong>NUSS</strong><br />

are again exemplified in the Alumni<br />

Complex project. The past year<br />

has seen significant progress in its<br />

physical construction, beginning<br />

with a groundbreaking ceremony on<br />

8 May 2006 by Dr Tony Tan. Once<br />

completed, the Alumni Complex will<br />

stand as an iconic landmark and a ‘Home<br />

on Campus’ for the NUS and alumni<br />

community.<br />

The potential of the Alumni Complex to<br />

be a hub of graduate activity is an exciting<br />

notion indeed. In bringing together<br />

graduates from diverse backgrounds,<br />

Chandra Mohan K Nair<br />

President<br />

we envision the Alumni Complex to be<br />

a milieu for intellectual exchange and a<br />

spawning ground for ideas.<br />

For <strong>NUSS</strong>, the Alumni Complex also<br />

presents a favourable opportunity for<br />

us to expand our membership. The NUS<br />

alumni family totals 160,000 graduates<br />

and this number continues to increase<br />

annually. Our current membership<br />

stands at around 12,000, a fraction of<br />

the total NUS alumni body and a fairly<br />

small percentage of the number of<br />

graduates from other local and overseas<br />

universities residing in Singapore. The<br />

potential for growth of our membership<br />

is immense.<br />

The onus is therefore on us, dear fellow<br />

members, to help bridge this great<br />

chasm. If each of us brings in just one<br />

new member, we would double up.<br />

A larger membership base translates to<br />

long-term financial sustainability and<br />

injects greater diversity and vibrancy<br />

to our Society. Please do your part and<br />

make <strong>NUSS</strong> a strong and healthy NUS<br />

alumni body.<br />

I am pleased to report that financially<br />

the Society has performed relatively well<br />

in 2006. Operating income recorded an<br />

overall increase of 6% while overall<br />

operating expenditure was $0.33 million<br />

lower than in 2005. We also brought in a<br />

gross total of 737 new members.


This achievement is one that we can<br />

all be proud of. Every one of us has<br />

made a difference. Certainly then,<br />

part of the Society’s success lies in its<br />

ability to recruit and retain talent. I am<br />

pleased to commend our staff for their<br />

dedication, professionalism and warm<br />

greeting smiles.<br />

In particular, Suntec City Guild House’s<br />

Executive Chef William Lum and his<br />

winning team – Vicky Wong, Steve Yap<br />

and Sanker Krishnamoorthy – did the<br />

Society proud when they bagged four<br />

medals, including a gold, at the Food<br />

& Hotel Asia Culinary Challenge in<br />

April 2006.<br />

Aside from membership recruitment,<br />

your Management Committee and<br />

Secretariat team have been working<br />

tirelessly to prepare the Society for the<br />

challenges that our future may hold.<br />

Participating in a strategic planning<br />

exercise held from September 2006, we<br />

came together to identify the strategic<br />

direction of the Society for the next<br />

five years.<br />

Three special project working committees<br />

were formed in 2006 to explore new<br />

ground. Branding, led by Tong Hsien-<br />

Hui, is looking to improve and update<br />

the Society’s image. Siva Retnam’s<br />

Fundraising team is charged with the<br />

mandate to source for donations and to<br />

open new channels of raising funds for<br />

the Society. Headed by Tan Siang Chik,<br />

the Heritage committee aims to preserve<br />

and promote the rich history of <strong>NUSS</strong> and<br />

its predecessors.<br />

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The year 2006 has seen our colleagues<br />

working hard on the plans for the<br />

development of Bukit Timah Guild House<br />

(BTGH). We hope to have the new facility<br />

ready for use by members towards the<br />

end of 2007.<br />

Steeped in the rich history of its<br />

surroundings, BTGH will be a place<br />

for members to network, interact<br />

and most certainly to reminisce and<br />

indulge in nostalgia. It will be a historic<br />

homecoming as we return to Bukit<br />

Timah Campus with a refurbished<br />

elegant bungalow, 27 years after we<br />

vacated from the Evans Road Guild<br />

House.<br />

As we busied through 2006, I am<br />

heartened that we never forgot to give<br />

back to the community that we have<br />

benefited from.<br />

Once again, <strong>NUSS</strong> has been commended<br />

for its contributions to the local arts<br />

scene. We received the National Arts<br />

Council’s Arts Supporter Award in<br />

recognition of our support for the<br />

Singapore Lyric Opera. Through our<br />

Community Services Sub-Committee,<br />

the Society has also made a difference<br />

to less privileged children and elderly<br />

folk in the course of the year. There is a<br />

lot more we as a graduate society can do<br />

in terms of financial contribution, time,<br />

wisdom, expertise and talent-sharing.<br />

Extending our hand of friendship<br />

beyond our shores, the Society has<br />

furthered its overseas aspirations via the<br />

External Alumni Relations Networking<br />

nuss<br />

annual report 2006<br />

“We have accomplished much in the<br />

past twelve months. This is the strength<br />

of unity. I would like to thank all of you,<br />

my fellow <strong>NUSS</strong> members, for your<br />

unwavering support.”<br />

Sub-Committee. In the year 2006, the<br />

Society successfully concluded three<br />

more reciprocal arrangements with<br />

the University House at the Australian<br />

National University, the University<br />

Women’s Club in London and the<br />

Graduate Union of the University of<br />

Melbourne. These new additions bring<br />

the total number of overseas reciprocal<br />

clubs to six, the other three being the<br />

University Club of Denver in Colorado,<br />

USA, the University Club of Pasadena,<br />

California, USA and the University Club<br />

of Montreal in Canada.<br />

We have accomplished much in the<br />

past twelve months. This is the strength<br />

of unity. I would like to thank all of you,<br />

my fellow <strong>NUSS</strong> members, for your<br />

unwavering support.<br />

Equally deserving of mention are<br />

my colleagues in the Management<br />

Committee, members of the various<br />

Sub-Committees and project task forces<br />

as well as the Secretariat staff. Together,<br />

our passion and dedication will ensure<br />

the continued growth of <strong>NUSS</strong> and<br />

progress on to greater heights.<br />

Chandra Mohan K Nair<br />

President


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annual report 2006<br />

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Management<br />

Committee<br />

8<br />

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Chandra Mohan K Nair<br />

President<br />

Chairperson, Strategic Planning<br />

Johnny Tan Khoon Hui<br />

Vice-President<br />

Chairperson, Finance<br />

Chairperson, ukit Timah Guild<br />

House Project<br />

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Lai Kim Seng<br />

Honorary Secretary<br />

Chairperson, Alumni Complex Project<br />

Yee Woon Yim<br />

Honorary Treasurer<br />

Wong Peng Meng<br />

Honorary Assistant Secretary<br />

Chairperson, Information Technology<br />

Chairperson, Publication<br />

Siva S Retnam<br />

Honorary Assistant Treasurer<br />

Chairperson, Sports & Recreation<br />

Chairperson, Fundraising<br />

nuss<br />

annual report 2006<br />

Mohan Balagopal<br />

Chairperson, External Alumni<br />

Relations Networking<br />

8 Vincent Rasa Benedict<br />

Chairperson, House,<br />

Food & everage<br />

9 Ong Pin Sam<br />

Chairperson, Community Services<br />

0 Oon Tik Lee<br />

Chairperson, Continuing Education<br />

Francis Pavri (Dr)<br />

Chairperson, Cultural<br />

Chairperson, Resource Panel<br />

Tan Siang Chik<br />

Chairperson, Disciplinary<br />

Chairperson, Heritage<br />

Edward S Tay<br />

Chairperson, Membership<br />

Teo Chin Tuan<br />

Tong Hsien-Hui<br />

Chairperson, randing<br />

Yip Kum Fei


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annual report 2006<br />

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annual report 2006<br />

Partnering our alma mater to create a ‘Home on Campus’<br />

Returning to our roots at Bukit Timah campus<br />

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Engaging student leaders<br />

Welcoming new members into our family


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nuss<br />

annual report 2006<br />

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annual report 2006<br />

uilding <strong>Lifelong</strong><br />

<strong>Relationships</strong>


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annual report 2006<br />

HE S R Nathan at the official launch of True Passion<br />

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Year in Review<br />

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The management team - Seated from left to right: Patricia Kok, Membership Marketing Manager; Clara Lee, CEO; Jenny Ng,<br />

Membership Director; Almeta Chia, Head, Corporate & Membership Communications<br />

Standing from left to right: Desmond Lim, Operations Manager, SCGH; Ho Weng Wah, Information Systems Manager; Faraq<br />

Yahiya, Operations Director; Faris Salahudeen, Special Projects Manager; Richard Chitrakar, Sports & Events Manager<br />

An Eventful Year<br />

The year began on a high note with the official launch of the <strong>NUSS</strong> 50 th Anniversary<br />

Commemorative book, True Passion: <strong>NUSS</strong> Fifty Years and On by His Excellency<br />

S R Nathan, President of the Republic of Singapore, on 16 January 2006. Chronicling<br />

the <strong>NUSS</strong> history, the commemorative book served as a timely reminder that passion<br />

forms the bedrock of the Society and resonates the <strong>NUSS</strong> mission statement.<br />

<strong>NUSS</strong>: The Foremost Graduate Society<br />

For <strong>NUSS</strong>, the year under review was characterised by bold new moves, forwardthinking<br />

and long-term planning.<br />

The Management Committee and senior management staff of the Secretariat joined<br />

hands in a strategic planning exercise to chart the direction of the Society for the<br />

next five years.<br />

In a conscious effort to prepare the Society<br />

to meet future challenges and to achieve<br />

its objectives of growing membership,<br />

seeking global connections and<br />

expanding physical infrastructure, the<br />

Management Committee restructured<br />

the Secretariat and placed at its helm a<br />

Chief Executive Officer, Ms Clara S Lee.<br />

Understanding that members form the<br />

lifeline of the Society, bold new steps were<br />

taken to attract and retain members while<br />

adding value to the <strong>NUSS</strong> membership.<br />

Transferability of membership, a new<br />

category of Corporate Members, a oneyear<br />

reduction in entrance fees due to<br />

the redevelopment of Kent Ridge Guild<br />

House as well as a lower entrance fee<br />

for graduates joining the Society within<br />

three years of obtaining their first degree<br />

were proposed and carried at the General<br />

Meeting on 2 March 2006.


Dinner with the NUS Chancellor and Pro-Chancellors<br />

A proactive membership marketing campaign, The Super Deal, was also launched<br />

in October 2006 to attract graduates to join <strong>NUSS</strong> and reward existing members for<br />

referring their friends and family.<br />

Leading intellectual discourse on matters of national interests, <strong>NUSS</strong> organised two<br />

political dialogue sessions – ‘The General Elections: Does Singapore Have a Choice?’<br />

in April 2006 and ‘The General Elections: Post Mortem’ in May 2006. Well-represented<br />

by the local political parties and attended by <strong>NUSS</strong> members and their guests, the<br />

dialogue sessions served as a neutral platform for constructive debate and insightful<br />

observations on the evolving political landscape of Singapore.<br />

Partnering our Alma Mater<br />

Sharing in the NUS centennial celebrations, the Society co-organised the NUS-<br />

<strong>NUSS</strong> Centennial Golf Challenge, which successfully created the first-ever Guinness<br />

World Record for the most number of golfers teeing off simultaneously at a<br />

single day event. The island-wide tournament, graced by<br />

His Excellency President S R Nathan, roped in the support of<br />

13 major golf clubs in Singapore and the participation of some<br />

1,700 NUS alumni, friends and distinguished guests.<br />

A collaborative effort between NUS and <strong>NUSS</strong> to foster<br />

greater alumni interaction and encourage a sense of<br />

belonging amongst graduates, the Alumni Complex will<br />

be an architectural landmark envisioned to be a ‘Home<br />

on Campus’ for graduates past, present and future. The<br />

Groundbreaking Ceremony for the Alumni Complex<br />

was held on 8 May 2006 and officiated by Dr Tony Tan,<br />

Chairman of the National Research Foundation and longstanding<br />

<strong>NUSS</strong> member. Marking the start of the physical<br />

construction of the Alumni Complex, the event also<br />

symbolised a new chapter in the University’s continuing<br />

Engaging members in topics of national interest<br />

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annual report 2006<br />

Dr Tony Tan breaks ground for the new Alumni Complex<br />

The NUS-<strong>NUSS</strong> Centennial Golf<br />

Challenge 2006 sets a new world record


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annual report 2006<br />

Artist’s impression of the redeveloped Kent Ridge Guild House<br />

Supporting the local arts scene<br />

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efforts to connect with its 160,000-strong alumni by joining hands with its largest<br />

alumni body, <strong>NUSS</strong>.<br />

As NUS’ oldest and largest organised alumni body, the Society strives to achieve this<br />

common goal of inculcating a sense of belonging among graduates by hosting annual<br />

‘<strong>NUSS</strong> New Alumni Dinners’ in conjunction with the University’s commencement<br />

ceremonies. The year under review was no exception as <strong>NUSS</strong> hosted a dinner party<br />

at Suntec City Guild House for the NUS Class of 2006 on 22 July.<br />

The Society also rallied around the University’s fundraising efforts by encouraging<br />

members to support the NUS Annual Giving 2006 – a meaningful campaign to<br />

provide financial assistance to needy undergraduates.<br />

With landmark events like the NUS-<strong>NUSS</strong> Centennial Golf Challenge, notable<br />

developments like the Groundbreaking Ceremony of the Alumni Complex and<br />

lasting traditions like the <strong>NUSS</strong> New Alumni Dinner, the year 2006 witnessed the<br />

strengthening of the symbiotic relationship and close-knit bond that the Society<br />

shares with NUS.<br />

Giving Back to the Community<br />

Steadfast in its philosophy of<br />

contributing to the community,<br />

<strong>NUSS</strong> has supported the local<br />

arts scene, lent a helping hand to<br />

the less privileged and nurtured<br />

young minds in 2006.<br />

A loyal supporter of the Singapore<br />

Lyric Opera (SLO), the Society<br />

gave generously in support of its<br />

Celebrities Concert in November<br />

2006 and co-presented the<br />

production of All That Jazz in<br />

December 2006. In recognition,<br />

the National Arts Council<br />

presented the Society with the<br />

Arts Supporter Award.<br />

Fun and games on Children’s Day<br />

Continuing our service to society,<br />

<strong>NUSS</strong> hosted a Chinese New<br />

Year Festive Gathering for senior<br />

citizens from various homes<br />

and a fun-filled Children’s Day<br />

Party for less privileged children. Celebrating Chinese New Year with senior citizens


Forming friendships through SMP<br />

<strong>NUSS</strong> members also brought Christmas cheer to almost 100 children and elderly folk<br />

through the annual Adopt a Wish programme.<br />

The Student Mentorship Programme celebrated the completion of its eighth year in<br />

2006 and continues to bring together NUS undergraduates and secondary school<br />

students in a peer mentoring relationship.<br />

Individually, <strong>NUSS</strong> members have also done the Society proud. The National Day<br />

Awards 2006 recognised the contributions of several <strong>NUSS</strong> members in nation<br />

building. Notably, <strong>NUSS</strong> Past President Mr Anwarul Haque and Emeritus Professor<br />

Edwin Thumboo were respectively conferred the prestigious Public Service Medal<br />

and Meritorious Service Medal.<br />

Reaching Beyond Our Shores<br />

As part of the Society’s strategic direction, steps were taken to extend <strong>NUSS</strong>’<br />

presence and relationship building efforts beyond Singapore.<br />

The ongoing International Outreach<br />

Programme to Cambodia continued<br />

into 2006 with a week-long Teacher<br />

Training Expedition in June. This marked<br />

the Society’s second trip there since the<br />

inception of the programme in 2005.<br />

Establishing relationships with graduate<br />

associations around the world has been<br />

an enduring aspiration of the Society. In<br />

November 2006, a reciprocal agreement<br />

was signed between <strong>NUSS</strong> and The<br />

Graduate Union of the University of<br />

Melbourne. Through the External Alumni<br />

Relations Networking Sub-Committee,<br />

members now enjoy reciprocity with two<br />

graduate clubs in Australia, two in the<br />

United States of America, and one each in<br />

the United Kingdom and Canada. International Outreach Programme<br />

to Cambodia: Training the trainer<br />

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annual report 2006


nuss<br />

annual report 2006<br />

Minutes Of Annual<br />

General Meeting<br />

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HELD ON 28 APRIL 2006 AT 7.30 PM AT GUILD HALL, KENT RIDGE GUILD HOUSE, 9 KENT RIDGE DRIVE,<br />

SINGAPORE 119241<br />

PRESENT:<br />

MANAGEMENT COMMITTEE<br />

President Chandra Mohan K Nair Committee Members<br />

Vice-President Johnny Tan Khoon Hui Vincent Rasa Benedict<br />

Honorary Secretary Lai Kim Seng Monica Chung Poh Yoke (Ms)<br />

Honorary Treasurer Wong Peng Meng Wilfred Kwok Chin Chye<br />

Hon Asst Secretary Tan Siang Chik Neo Chia Reei (Ms)<br />

Hon Asst Treasurer Siva S Retnam Ong Pin Sam<br />

Edward Stanley Tay<br />

Tong Hsien-Hui<br />

Yip Kum Fei<br />

The meeting was called to order at 7.30 pm by the Chairperson, Mr Chandra Mohan K Nair (Mr Mohan).<br />

1. ATTENDANCE<br />

1.1 140 Ordinary and 11 Associate Members attended the meeting.<br />

2. PRELIMINARIES<br />

2.1 Mr Mohan welcomed all members present and drew the attention of the House to the following preliminaries:<br />

2.1.1 Article 41 (5) of the Constitution stated that Honorary, Life, Senior, Ordinary, Associate, Term and Overseas Members shall<br />

be entitled to attend the meeting. Others present were there as observers.<br />

2.1.2 Ordinary Members, including Honorary, Life and Senior Members who had previously been Ordinary Members, were<br />

eligible to vote.<br />

2.1.3 Voting by proxy was not permitted and would be conducted by ballot.<br />

2.1.4 Members wishing to speak should address the Chairperson and identify themselves each time they spoke.<br />

2.1.5 In accordance with Article 24 (1) of the Constitution, eight members would be elected to the Management Committee<br />

(MC) and they would hold office until the second Annual General Meeting following their election.<br />

2.1.6 In accordance with Article 39 (3) of the Constitution, no resolution had been proposed by any member eligible to attend<br />

and/or vote.<br />

2.1.7 The Society’s auditors, Mr Wong Keng Kok and Mr Ho Teck Keong from Foo Kon Tan Grant Thornton, were present and<br />

would act as scrutineers of the ballot.<br />

2.1.8 The Society’s lawyer, Mr Anwarul Haque from Madhavan Partnership, was present.<br />

3. TO CONFIRM THE MINUTES OF THE ANNUAL GENERAL MEETING HELD ON 29 APRIL 2005<br />

3.1 The minutes were confirmed with the following amendment:<br />

“Item 6.12 - Membership Services and Relations<br />

Mr Gary Ong Yow Chong (OA252L) was amended to Dr Gary Ong Tang Yeow (OA174P).”


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3.2 The minutes were passed and accepted on a proposal by Mr Edmund Tan Peng Yew (TA178R) and seconded by Mr Harry<br />

Chan Keng Howe (C0067L).<br />

4. TO CONFIRM THE MINUTES OF THE GENERAL MEETING HELD ON 9 NOVEMBER 2005<br />

4.1 The minutes were passed and accepted on a proposal by Mr GS Rengarajoo (GA135G) and seconded by Mr Teo Chin Tuan<br />

(T0784D).<br />

5. MATTERS ARISING FROM THE MINUTES OF THE ANNUAL GENERAL MEETING HELD ON 29 APRIL 2005<br />

5.1 DISCUSSION ON MATTERS ARISING<br />

5.1.1 CLASSES OF MEMBERSHIP<br />

5.1.2 Mr Donald Wyatt (Mr Wyatt) (W0818S) informed that a new resolution to amend Article 12 of the Constitution proposed<br />

by the Senior Circle was notified to the Honorary Secretary less than fourteen days before the Annual General Meeting.<br />

As such, the proposal to create a new membership category of Veteran Members would be raised only as an item for<br />

discussion during the meeting.<br />

5.1.3 Addressing this proposal, Mr Mohan explained that the MC had reviewed the suggestion and was of the view that the<br />

existing Life and Senior membership categories cover adequately the parameters proposed for Veteran membership.<br />

5.1.4 To this, Ms Jenny Soh (SA268C) requested clarification on how Life and Senior membership “cover adequately the<br />

parameters proposed for Veteran membership”.<br />

5.1.5 In reply, Mr Mohan referred to Articles 7 and 8 of the Constitution on the criteria for Ordinary or Associate Members to<br />

qualify as Senior or Life Members. He added the MC was of the view that it was not necessary to make further changes to<br />

the Constitution on classes of membership for the time being.<br />

5.1.6 In reply to a query from Dr Francis Pavri (Dr Pavri) (P2086A), Mr Mohan clarified that the resolution proposed an additional<br />

class of members, the Veteran Members. Dr Pavri said while he would personally welcome the proposal, he was concerned<br />

about the huge financial implications that could arise.<br />

He added that the demographics showed that the Society’s membership was rapidly ageing and in the near future,<br />

subscription income would be reduced drastically with many Ordinary or Associate Members qualifying to be Veteran<br />

Members.<br />

In light of this, he suggested that:<br />

1. the MC work out the financial implications on subscription income and<br />

2. Senior Circle members fine-tune their proposal.<br />

5.1.7 Mr Wyatt clarified that the resolution defined a Veteran Member as an Ordinary or Associate Member who had been a<br />

member for a continuous period of 20 years and who had attained the age of 60 years. As such, the criteria for a Veteran<br />

Member would be different from those of a Senior or Life Member.<br />

The rationale was to enable many Ordinary or Associate Members who would not qualify to be a Life Member on retirement<br />

to qualify as a Veteran Member and pay a reduced monthly subscription.<br />

He pointed out that the Society had offered many incentives to entice younger graduates to join but on the flip side, there<br />

were 350 resignations last year.<br />

He added that many members of the Senior Circle were also members of other clubs and the resolution was meant to<br />

encourage them to stay with the Society.<br />

5.1.8 Dr Rosemary Khoo Ghim Choo (Dr Khoo) (KA400R) observed that senior members were generally not heavy users of the<br />

Club’s facilities. Rather, they tend to patronise food and beverage outlets and the fruit machine rooms, which was an<br />

important revenue stream.<br />

She added that the proposed Veteran Membership scheme could help to attract a new class of members and enable the<br />

Society to generate more revenue.


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5.1.9 Mr Robert Tay Chee Seng (Mr Tay) (T2803G) noted that some members who were younger than 60 years of age had<br />

already been members for a continuous period of 25 years or more. This group of members would not qualify to be a<br />

Life Member under the current Constitution.<br />

He added that this could open a Pandora’s box of requests from members for more classes of membership in an attempt<br />

to level the playing field.<br />

5.1.10 Mr Mohan thanked members for their feedback and added that the incoming MC would need to consider the members’<br />

feedback as well as the multi-faceted implications of this resolution.<br />

He requested the Senior Circle to put across a strong case to the incoming MC.<br />

6. MATTERS ARISING FROM THE MINUTES OF THE GENERAL MEETING HELD ON 9 NOVEMBER 2005<br />

6.1 There were no matters arising from the minutes of the General Meeting held on 9 November 2005.<br />

7. TO ELECT EIGHT MEMBERS TO THE MANAGEMENT COMMITTEE<br />

7.1 Mr Mohan announced that there were sixteen candidates standing for election. They were :<br />

1. Mohan Balagopal 9. Francis Pavri (Dr)<br />

2. Vincent Rasa Benedict 10. Jenny Soh (Ms)<br />

3. Chua Joon Eng (Dr) 11. Teo Chin Tuan<br />

4. Daniel Chong Boon Chin 12. Edward Stanley Tay<br />

5. Kang Choon Seng 13. Michael Teo Swee Eng<br />

6. Wilfred Kwok Chin Chye 14. Donald Wyatt<br />

7. Neo Chia Reei (Ms) 15. Yee Woon Yim<br />

8. Ong Pin Sam 16. Yip Kum Fei<br />

7.2 Mr Mohan requested that the candidates introduce themselves within the stipulated time limit of two minutes each.<br />

7.3 After the candidates’ presentations, Mr Mohan reminded eligible members that they should vote for a minimum of five<br />

and a maximum of eight candidates.<br />

Mr Mohan then announced that voting had commenced.<br />

7.4 Mr Mohan took the opportunity to thank Dr Cheah Kim Fee (Dr Cheah) and Ms Monica Chung (Ms Chung) for their<br />

contributions to the MC and the Society. Both were not standing for the current election. Dr Cheah had relocated to<br />

Hong Kong.<br />

7.5 Ms Chung thanked the MC for giving her the opportunity to serve and promised to continue to be active in sports.<br />

8. TO RECEIVE AND, IF APPROVED, TO PASS THE ANNUAL REPORT OF THE SOCIETY FOR THE YEAR ENDED<br />

31 DECEMBER 2005<br />

8.1 COMMUNITY: SPIRIT OF SERVICE & GIVING<br />

Mr Mohan apologised for omitting to feature the four <strong>NUSS</strong> members who were presented with the Distinguished Alumni<br />

Service Award by NUS.<br />

He took the opportunity to congratulate Mr Harry Chan Keng Howe, Dr Chee Phui Hung, Emeritus Professor Kiang Ai Kim<br />

and Mr Wong Ah Long and thanked them for their stellar service to the Society and their alma mater.<br />

He remarked that the award reflected the growing symbiosis between NUS and the Society and hoped that more members<br />

would receive the award in future.<br />

8.2 COMMUNITY SERVICES, CULTURAL & SOCIAL<br />

There were no comments.<br />

8.3 CONTINUING EDUCATION<br />

There were no comments.


8.4 DISCIPLINARY<br />

There were no pending cases.<br />

8.5 EXTERNAL ALUMNI RELATIONS NETWORKING<br />

There were no comments.<br />

8.6 FINANCE<br />

There were no comments.<br />

8.7 HOUSE, FOOD & BEVERAGE<br />

There were no comments.<br />

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8.8 MEMBERSHIP<br />

8.8.1 Mr Harry Chan Keng Howe (Mr Chan) (C0067L) thanked Mr Mohan for his compliments and apologised that he had to<br />

bring up the matter on the relegation of the Senior Circle so soon after.<br />

As a founding member of <strong>NUSS</strong>, he stated that he had taken the responsibility to establish the Senior Circle Sub-Committee<br />

about eight years ago.<br />

The Senior Circle organised many activities of particular interest to its members only and such activities were, by and large,<br />

not pursued by the general membership.<br />

He thus expressed concern to read on page 48 of the Annual Report that the Senior Circle had been “subsumed” under the<br />

Membership Sub-Committee to which it was unrelated either organically or functionally.<br />

The demographics showed that more than a third of the Society’s members were aged 50 years and above. Against the<br />

backdrop of a growing number of senior members, he outlined the Senior Circle’s vision to upgrade itself into an academy<br />

of lifelong learning or elder learning with links to NUS.<br />

8.8.2 Mr Mohan clarified that the MC had no intention to downgrade the Senior Circle when it was decided to bring the Young<br />

Chapter and the Senior Circle under the larger umbrella of the Membership Sub-Committee.<br />

He revealed that the MC had been concerned about the welfare of the full-time Secretariat staff as some executives<br />

had to attend Sub-Committee meetings in the evenings and at night almost every day. To streamline the deployment<br />

of the staff and better co-ordinate the Society’s activities and plans, the MC had tried to revamp and merge the various<br />

Sub-Committees where appropriate.<br />

He added that in terms of generation of activities, the MC had never stopped supporting and financing the Senior Circle.<br />

He assured the Senior Circle that their views would be considered and the incoming MC could review this matter to make<br />

the re-organisation more palatable to all segments of the Society.<br />

8.8.3 Ms Mary Ng Geok Eng (Ms Ng) (N3615N) commented that the Senior Circle members did not receive administrative support<br />

when they were organising their activities.<br />

Mr Mohan assured her that the incoming MC will look into this matter.<br />

8.8.4 Dr Pavri noted that many Senior Circle members were not only available during the evenings but also in the mornings<br />

and afternoons. Meetings could be held during office hours with administrative support which would help to solve<br />

the problem.<br />

Dr Pavri requested the incoming MC to look into the possibility of organising non-certificate “audit” courses in conjunction<br />

with universities for the benefit of senior members.<br />

Mr Mohan thanked him for his feedback and said that he would bring up the matter on “audit” courses with NUS on behalf<br />

of the MC.<br />

Mr Chan informed that one of the objectives of the academy envisioned by the Senior Circle was to negotiate with NUS to<br />

organise “audit” courses for the increasing population of senior members.


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8.8.5 Dr Khoo commended the work of the MC and hoped that the Senior Circle would be given a rightful and esteemed place<br />

in <strong>NUSS</strong>.<br />

Mr Mohan thanked her for her compliments and reiterated that the Senior Circle had always been and will continue to be<br />

held in high esteem.<br />

8.8.6 Mr Andrew Teo Neng Wee (Mr Teo) (TA823C) commended the Senior Circle on their vision to establish an academy.<br />

Mr Teo felt that the shortfall of manpower at the Secretariat was not a good reason to absorb the Senior Circle into another<br />

Sub-Committee.<br />

In reply to Mr Teo’s enquiry on the MBA Graduate Programme, Ms Neo Chia Reei informed that NUS MBA graduates may<br />

attend two modules offered by the MBA programme every semester (subject to seat availability) at no cost for the rest of<br />

their lives.<br />

Mr Mohan added that details on the MBA Graduate Programme would be posted on the Society’s website for<br />

members’ information.<br />

8.8.7 In response to some of the points raised by members, Mr Edward Stanley Tay (Mr Edward Tay) (TA378R) highlighted that<br />

the Membership Sub-Committee had agreed to take care of the Young Chapter and Senior Circle Focus Groups on the<br />

assurance by the MC that the re-organisation would not diminish the resources specifically allocated to these groups.<br />

There was no intention to integrate or downgrade these groups.<br />

He added that in view of the sentiments expressed by the Senior Circle members and some other members, the incoming<br />

MC would need to re-look the issue.<br />

He reiterated that there was no intention on the part of the MC to show disrespect to any segment or to diminish support<br />

for either of the two focus groups.<br />

8.8.8 After further discussion, Mr Mohan gave the assurance that the MC respected all segments of members and in particular<br />

the Senior Circle. He reiterated that there was no intention to hurt any member or segment during the re-organisation of<br />

the Sub-Committees.<br />

He added that the incoming MC would certainly review the issues and there would be a positive outcome.<br />

8.8.9 Mr Wah June Hwang (Mr Wah) (WA245R) suggested that the MC take a step back and reassess the Society’s current position.<br />

Bearing in mind the Society’s objectives, he questioned if the focus on the recruitment of new members served, or was in<br />

line with, these objectives.<br />

Mr Mohan noted his comments.<br />

8.8.10 Mr Low Siew Aik (Mr Low) (L4882A) referred to the table on membership demographics by age group on page 47 of the<br />

Annual Report.<br />

He extrapolated that the younger members were leaving while the older members were increasing. More than 50% of the<br />

members were above 40 years old. He queried whether the MC was aware of this.<br />

Mr Mohan replied that the MC was aware of this development and that many incentives were being offered to<br />

entice younger graduates to join. The MC was also exploring the idea of a roadshow to reach out to the undergraduate<br />

population.<br />

He added that if every member could bring in one young member to join the Society, it would go a long way in ensuring<br />

the Society’s long-term sustainability.<br />

8.9 PUBLICATION & INFORMATION TECHNOLOGY<br />

8.9.1 Mr David Ho Peng Cheong (Mr Ho) (HA223G) recalled that the MC in 2005 had appointed one Peter HL Lim to do a project<br />

paper. As there was no mention of this in the Annual Report, he requested for an update.<br />

Mr Mohan replied that certain events (such as the corporatisation of NUS) had overtaken that project and, in a sense, it<br />

was aborted.


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annual report 2006<br />

In reply to Mr Ho’s query on the project cost, Mr Mohan stated that it was $30,000. $10,000 had been paid for the first<br />

phase and a maximum of another $5,000 was due as balance payment. He added that the MC hoped to resolve the<br />

matter with Peter Lim by paying him $2,500 or 50% of the sum due.<br />

Mr Mohan thanked Mr Ho for raising this matter and said that it should be finalised within the next one or two weeks.<br />

8.10 SPORTS & RECREATION<br />

8.10.1 Mr Ho commended the Sub-Committee for doing a good job. However, he was concerned that only 1,594 members<br />

were active in sporting activities. The figure was only 586 or 0.5% of the total membership if the 1,008 golfing members<br />

were excluded.<br />

He suggested that benchmarks could be set for the incoming Sub-Committee to recruit more members to participate<br />

actively in sporting activities.<br />

Mr Mohan said that the incoming Sub-Committee would certainly have to look at how more members could be encouraged<br />

to embrace a healthier and active lifestyle through sports.<br />

8.10.2 Mr Chay Wai Hong (Mr Chay) (CA641K) said he recently signed up for a personal training programme conducted at the<br />

Society’s gymnasium and paid $900 for 10 sessions with all the money going to the personal trainer.<br />

He pointed out that personal training programmes were popular and suggested that the Society could earn some revenue<br />

by organising such programmes in-house.<br />

Mr Mohan thanked Mr Chay for his suggestion and welcomed members to write in if they had any good ideas. The ideas<br />

would be implemented if they were found to be feasible.<br />

8.10.3 Mr Roy Tay @ Chionh Chai Chuan (Mr Roy Tay) (C2860G) agreed that fitness programmes would be a lucrative revenue<br />

stream for the Society. He suggested appointing a Fitness Convenor who would bridge the gap and better facilitate<br />

communication between staff and the MC.<br />

8.10.4 Mr Francis Tan Kok Vui (Mr Tan) (TA129D) highlighted an error on page 58 of the Annual Report. The caption of the<br />

Badminton Section photograph erroneously stated ‘<strong>NUSS</strong> Squash Section’.<br />

8.11 The Annual Report for the year ended 31 December 2005 was passed and accepted on a proposal by Ms Lim Bee Lum<br />

(L2298J) and seconded by Mr Low Siew Aik (L4882A).<br />

9. TO RECEIVE AND, IF APPROVED, TO PASS THE BALANCE SHEET AND STATEMENT OF ACCOUNTS OF THE SOCIETY FOR THE<br />

YEAR ENDED 31 DECEMBER 2005<br />

9.1 Mr Nari Lulla (Mr Lulla) (L4365P) remarked that there was an apparent conflict of interest when one of the Executive<br />

Committee members was also serving as the Interim General Manager of the Society. This was because Executive<br />

Committee members had the power to endorse policies of the Society while the General Manager had the authority to<br />

hire staff.<br />

9.1.1 Mr Mohan assured him that under the Constitution, there was no conflict of interest as Mr Lai Kim Seng (Mr Lai), the<br />

Honorary Secretary, was only serving as the Interim General Manager on a gratis basis. Mr Lai was serving in good faith and<br />

had made a great personal sacrifice to ensure that the Society ran smoothly until a full-time professional General Manager<br />

could be found.<br />

He added that the Society’s accounts were scrutinised by its external auditors to ensure that all its financial statements<br />

were in order.<br />

He informed that the MC had been actively looking for a General Manager and members could inform him if they knew of<br />

any potential candidates.<br />

9.1.2 In reply to a query from Dr Pavri, Mr Mohan confirmed that Mr Lai had been serving as Interim General Manager for the<br />

past six months since the resignation of the previous General Manager.


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9.1.3 Mr Philip Antony Jeyaretnam (Mr Jeyaretnam) (JA009Z) commented that it was important to hire a person of calibre and<br />

with experience as General Manager of the Society. A competent General Manager empowered to run a club would be<br />

able to enhance the value of the membership, generate revenue through high usage of the club’s facilities, prevent leakage<br />

of F&B inventories through theft etc.<br />

He added that the MC should look at the philosophy, culture and tradition of the Society to build up a sense of loyalty and<br />

camaraderie among its members.<br />

Mr Mohan thanked Mr Jeyaratnam for his comments.<br />

9.2 Mr Ho queried why the Society had Planet Fitness income of $133,806 (page 78) and expenditure of $139,708 (page 79).<br />

9.2.1 Mr Johnny Tan Khoon Hui (Mr Johnny Tan) (T4401K) replied that the income was derived from the Planet Fitness<br />

membership fees paid by members to the Society. The Society in turn remitted this amount to Planet Fitness.<br />

The deficit of about $6,000 stemmed from the carry-over of previous years’ subsidies that the Society granted to members<br />

when it moved from Orchard Guild House to Suntec City Guild House.<br />

This subsidy has since lapsed, and the income and expenditure amounts should balance in the 2006 accounts.<br />

9.3 In reply to Ms Yee May Pao (Ms Yee) (Y2265G) on “Net Members’ entrance fee”, Mr Johnny Tan said that the higher amount<br />

received for 2004 was due to the successful year-long membership drive during the Society’s 50 th anniversary.<br />

9.4 Mr Roy Tay made a statement that the Secretariat staff had only received one salary increment in the last five years.<br />

9.4.1 Mr Lim Soo Hwee (Mr Lim) (L2939G) requested that the MC confirm or deny Mr Roy Tay’s statement above. Mr Johnny Tan<br />

clarified that it was untrue that the Secretariat staff did not receive any salary increase in the last five years.<br />

He added that it was true that four or five years ago, the staff did not receive any increase because the Society was not<br />

doing well financially due to the SARS outbreak.<br />

Since then, the Society had progressed from a fixed pay to a performance-based pay structure based on a pre-determined<br />

formula, which was transparent to the staff.<br />

9.5 Mr Ho requested the MC to prepare a three-year cash flow forecast to ensure the Society would have enough funds for the<br />

redevelopment of Kent Ridge Guild House.<br />

In response, Mr Lai presented a slide showing details of the information requested by Mr Ho.<br />

Mr Ho also requested a five-year financial forecast to be prepared for the Annual Report so that members would be aware<br />

of the Society’s financial position for the next five years.<br />

Mr Mohan replied that the MC would try to provide the requested information although it would not be an easy task.<br />

9.6 The Balance Sheet and Statement of Accounts for the year ended 31 December 2005 were passed on a proposal by<br />

Mr David Ho Peng Cheong (HA223G) and seconded by Emeritus Professor Kiang Ai Kim (K0303N).<br />

10. TO APPOINT AUDITORS FOR THE ENSUING YEAR<br />

10.1 Mr Jeyaretnam proposed and Emeritus Professor Kiang seconded the re-appointment of Foo Kon Tan Grant Thornton as<br />

auditors for another year.<br />

11. TO TRANSACT ANY OTHER BUSINESS IN ACCORDANCE WITH THE SOCIETY’S CONSTITUTION<br />

11.1 Mr Mohan invited members to raise any issues regarding the Society.<br />

11.2 Ms Mary Ng Geok Eng (N3615N) proposed that the Senior Circle be reinstated as an independent Sub-Committee and<br />

administrative support be provided to its members.


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11.3 Mr Harry Chan suggested forming a long-term planning committee comprising distinguished members to lead the<br />

Society into the future.<br />

11.4 Emeritus Professor Kiang felt that the Society should plan to acquire its own property after so many years of leasing.<br />

11.5 Mr Anwarul Haque (H0236M) pointed out that the “<strong>NUSS</strong>” brand name should be used independently, and not “subsumed”<br />

under “NUS”, for any public event organised by the Society.<br />

11.6 In response to a query by Mr Lim Soo Hwee (L2939G) regarding the election of the Society’s President by popular vote,<br />

Mr Mohan suggested he table a fresh resolution at the next AGM. Such a resolution would require a two-third majority<br />

to pass as it involved amending the Constitution.<br />

11.7 Mr GS Rengarajoo (GA135G) requested that Associate Members be given two seats in the MC so that they could actively<br />

participate in the running of the Society.<br />

Mr Mohan commented that the right to vote and to be office bearers remain vested in Ordinary Members. Associate<br />

Members who wished to contribute to the Society could participate in the various Sub-Committees.<br />

Mr Mohan urged Associate Members to put up a strong case for this matter to the MC to consider.<br />

11.8 In reply to enquiries on HR matters by Mr Andrew Teo Neng Wee (TA823C), Mr Lai replied:<br />

1. the staff turnover of the Society had stabilised. A few years ago, it was fairly high.<br />

2. the HR function had been delegated to the Executive Committee comprising the President, Vice-President, Honorary<br />

Secretary and Honorary Treasurer.<br />

11.9 There being no other matters raised, Mr Mohan declared the voting closed. He called for a recess for the votes to be<br />

counted.<br />

12. VOTING RESULTS<br />

12.1 Mr Mohan declared the following candidates elected to the new Management Committee for the term 2006/2007:<br />

1. Mohan Balagopal 5. Edward Stanley Tay<br />

2. Vincent Rasa Benedict 6. Teo Chin Tuan<br />

3. Ong Pin Sam 7. Yee Woon Yim<br />

4. Francis Pavri (Dr) 8. Yip Kum Fei<br />

12.2 Mr Mohan noted that Mr Wilfred Kwok and Ms Neo Chia Reei were not re-elected. He took the opportunity to thank<br />

them for their contributions to the MC and the Society and hoped that they would continue to contribute to the Society<br />

through active participation in the various Sub-Committees.<br />

12.3 The meeting concluded at 11.15 pm with the Chairperson thanking the members for their attendance and views, and the<br />

staff for their effort in making the meeting a successful event.<br />

Lai Kim Seng<br />

Honorary Secretary


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Minutes Of<br />

General Meeting<br />

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HELD ON 2 MARCH 2006 AT 7.30 PM AT GUILD HALL, KENT RIDGE GUILD HOUSE, 9 KENT RIDGE DRIVE,<br />

SINGAPORE 119241<br />

PRESENT:<br />

MANAGEMENT COMMITTEE<br />

President Chandra Mohan K Nair Committee Members<br />

Vice-President Johnny Tan Khoon Hui Vincent Rasa Benedict<br />

Honorary Secretary Lai Kim Seng Monica Chung Poh Yoke (Ms)<br />

Honorary Treasurer Wong Peng Meng Wilfred Kwok Chin Chye<br />

Hon Asst Secretary Tan Siang Chik Neo Chia Reei (Ms)<br />

Hon Asst Treasurer Siva S Retnam Ong Pin Sam<br />

Oon Tik Lee<br />

Edward Stanley Tay<br />

Tong Hsien-Hui<br />

Yip Kum Fei<br />

1. ATTENDANCE<br />

1.1 The Chairperson, Mr Chandra Mohan K Nair (Mr Mohan), welcomed all members present and called the meeting to<br />

order at 7.30 pm. He informed the House that the following members had registered for the meeting: 88 Ordinary and<br />

6 Associate Members.<br />

2. PRELIMINARIES<br />

2.1 Mr Mohan drew the attention of the House to the following preliminaries:<br />

2.2 Article 41 (5) of the Constitution stated that Honorary, Senior, Life, Ordinary, Associate, Term and Overseas Members shall<br />

be entitled to attend the meeting. Others present were there as observers.<br />

2.3 Article 41 (6) of the Constitution stated that subject to Article 33 (4), only Ordinary members and Senior or Life Members<br />

who were previously Ordinary Members and who were present at a General Meeting shall be entitled to vote and each<br />

such member shall be entitled to one vote.<br />

2.4 The Society’s auditors from Foo Kon Tan Grant Thornton were present and would serve as scrutineers of the ballot.<br />

2.5 Voting would be conducted by ballot.<br />

2.6 Members who wished to speak should first address the Chairperson and state his or her full name and membership number<br />

for identification each time they spoke.<br />

2.7 Members when speaking on any issue should keep to the allotted time so as to allow others an equal opportunity to speak.<br />

Members should use the microphones stationed near the seat aisles.<br />

2.8 The purpose of the General Meeting was to consider four resolutions; namely Resolution One on Transferability of<br />

Membership, Resolution Two on Corporate Membership, Resolution Three on Adjustment of Entrance Fee and Resolution<br />

Four on Entrance Fee for Graduates joining within three years of obtaining their first degree.<br />

2.9 Members were advised to hear the arguments for and against the Resolutions before casting their votes. Members<br />

should vote with the blue ballot form for Resolution One, the yellow ballot form for Resolution Two, the green ballot<br />

form for Resolution Three and the pink ballot form for Resolution Four. Members should deposit the ballot forms into<br />

the respective ballot boxes stationed at the back of the Guild Hall.


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2.10 The Proposer would be invited to propose the four resolutions followed by the seconder to second the same.<br />

2.11 Next, the Proposer would be invited to present the case to the House following which the House would discuss the<br />

resolutions. As the resolutions were intertwined, the House would not need to focus on Resolution One first but could<br />

discuss across the resolutions generally.<br />

3. PROPOSER OF RESOLUTIONS<br />

3.1 Mr Mohan invited Mr Edward Stanley Tay (Mr Tay) (TA378R) to propose the four resolutions and give his introductory<br />

remarks.<br />

3.2 Mr Tay proposed the following resolutions in accordance with Articles 40 (1), 41 and 26 (1) of the <strong>NUSS</strong> Constitution:<br />

“That the Constitution of the <strong>NUSS</strong> be amended as follows:<br />

Resolution One<br />

By the addition of a New Article entitled Transferability of Membership<br />

Resolution Two<br />

By the addition of a New Article entitled Corporate Members<br />

Resolution Three<br />

Contingent on Resolution One being passed:<br />

1. A discount of $1,000 off the entrance fee of $3,000 be offered to all persons who join as Ordinary Members and Associate<br />

Members for a period of one year from the date of this resolution<br />

2. The entrance fee be increased to $4,000 upon the commencement of operations of the new Alumni Complex<br />

3. The entrance fee be increased to $5,000 on the first anniversary of the commencement of operations of the new<br />

Alumni Complex<br />

Resolution Four<br />

That the entrance fee be $2,000 for all persons who join the Society as Ordinary Members or Associate Members<br />

within three years from the date that they first obtain a degree which qualifies them to join as Ordinary Members or<br />

Associate Members.”<br />

Mr Tong Hsien-Hui (Mr Tong) (TB127V) seconded the proposed resolutions.<br />

4. INTRODUCTORY REMARKS BY THE PROPOSER<br />

4.1 Mr Tay outlined the purposes of the four resolutions:<br />

n to introduce transferability to the categories of Ordinary Membership and Associate Membership<br />

n to introduce Corporate Membership<br />

n to adjust and refine the entrance fee for a period to coincide with the forthcoming renovation works at Kent Ridge<br />

Guild House and in tandem with the commencement of operations and the first anniversary of the commencement<br />

of operations of the new Alumni Complex<br />

n to introduce a permanent discount for new graduates to join as Ordinary or Associate Members.<br />

4.2 He gave an overview on the need to generate new sources of revenue by increasing the membership base for <strong>NUSS</strong> to<br />

fund its planned development expenditure and highlighted the following points to the House:<br />

<strong>NUSS</strong> had committed to spend a total of $34 million to upgrade Kent Ridge Guild House in two phases and to set up a Guild<br />

House at the Bukit Timah Campus.<br />

<strong>NUSS</strong> had reserves of $27.3 million which would leave a shortfall of $6.7 million.


nuss<br />

annual report 2006<br />

Entrance fee revenue was estimated at around $600,000 yearly.<br />

PG<br />

Membership had gradually declined from 11,895 in 2002 to 11,735 currently despite the introduction of the <strong>NUSS</strong>-DBS<br />

Platinum Card, which attracted a total of about 700 to 800 new members.<br />

Subscription income was stable at about $6 million yearly.<br />

About 40% of members who resigned cited that they were too busy to use the facilities or did not participate in the<br />

activities of <strong>NUSS</strong>.<br />

It was crucial to increase the membership base and stem the number of resignations. A study done by one of <strong>NUSS</strong>’<br />

consultants showed that membership was elastic and would increase in tandem with a decrease in entrance fee. The crux<br />

was to determine how much the entrance fee could be lowered to attract more new members.<br />

To encourage existing Ordinary Members, Associate Members, Ordinary Members who had become Life Members or<br />

Senior Members to remain, these members could transfer their membership to persons who qualified to be an Ordinary<br />

Member or an Associate Member as set out in Article 9 and Article 10 of the Constitution respectively by paying a<br />

prescribed transfer fee of not less than $2,000.<br />

Transferability of membership would also encourage new graduates to join as they would be able to recoup some, if not<br />

all, of their entrance fee should they wish to resign in future.<br />

Transferability of membership would help to ensure that <strong>NUSS</strong> would not lose too many members during the upgrading<br />

period of Kent Ridge Guild House. As there would be fewer facilities, some members might wish to resign to avoid paying<br />

their monthly subscription fee.<br />

New graduates who join as Ordinary or Associate Members within three years of obtaining their first degree would pay a<br />

discounted entrance fee of $2,000. This would be in line with <strong>NUSS</strong>’ objective to welcome new graduates.<br />

Contingent on Resolution One being passed, not only the new graduates but all eligible persons would be able to join as<br />

Ordinary and Associate Members for $2,000 (a discount of $1,000 off the current entrance fee of $3,000) for a period of one<br />

year from the date of Resolution Three. This concession would be necessary as during this period, Kent Ridge Guild House<br />

would be undergoing upgrading works and the swimming pools and tennis courts would be demolished, resulting in<br />

fewer facilities available for members’ use.<br />

The entrance fee would be increased to $4,000 and $5,000 in tandem with the commencement of operations and the first<br />

anniversary of the commencement of operations of the new Alumni Complex respectively.<br />

Corporate membership would be introduced to generate more revenue for <strong>NUSS</strong>.<br />

5. MEMBERS’ DISCUSSION ON THE FOUR RESOLUTIONS<br />

5.1 Mr Mohan thanked Mr Tay for the introduction and invited the House to discuss the Resolutions.<br />

5.2 Mr Ernest Wong Thian Yow (Mr Wong) (W0802D) raised the possibility of prolonging the instalment period for payment<br />

of the entrance fee for new members. He added that depending on <strong>NUSS</strong>’ cash flow, certain incentives could be<br />

introduced later to enable new members to telescope their instalment payments.<br />

5.3 Mr Mohan noted that as many fresh graduates found it difficult to pay the entrance fee when they commenced working<br />

during the first year after graduation, they could pay by instalments under the current instalment scheme. The current<br />

Management Committee (MC) or incoming MC in April could consider Mr Wong’s suggestion to offer incentives to<br />

members to pay up earlier but would not have the authority to sanction the payment of a lesser amount as the entrance<br />

fee was fixed by the House.<br />

5.4 Mr Wah June Hwang (WA245R) (Mr Wah) commented that the monthly subscription fee should be reduced for existing<br />

members as they would also face the same issue of fewer facilities at Kent Ridge Guild House which was the raison d’etre<br />

given for the reduction of the entrance fee to $2,000.


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annual report 2006<br />

5.5 Mr Tay replied that based on the current financial position of <strong>NUSS</strong>, the MC would not be able to consider this matter.<br />

However, if <strong>NUSS</strong>’ finances were to improve in future due to increased membership and revenue, then future committees<br />

could consider this matter as it appeared to enjoy the support of many members present at the meeting.<br />

5.6 Mr Lai Kim Seng (Mr Lai) (L2353H) added that while there would be a loss of some facilities at Kent Ridge Guild House<br />

during the upgrading period, the MC had made alternative arrangements for members to use facilities in the vicinity, such<br />

as at the NUS Sports & Recreation Centre and the new NUS High School. In addition, Singapore Polytechnic Graduates’<br />

Guild would allow members to use their facilities under a reciprocal arrangement.<br />

5.7 Mr Low Siew Aik (Mr Low) (L4882A) enquired on the implementation date for the transferability of membership.<br />

5.8 In reply, Mr Mohan stated that the proposed constitutional amendments after approval by the House would need to be<br />

submitted to the Registrar of Societies for approval. Upon approval, they would become effective on payment of the<br />

requisite fees to the Registrar of Societies.<br />

5.9 Mr Low commented that if he sold his transferable golf club membership at market price to a buyer, the buyer would not<br />

need to pay any transfer fee. He could not reconcile the need to pay a transfer fee for a transferable membership.<br />

5.10 Mr Tay clarified that there would be a base transfer fee of $2,000. At that price, it would effectively mean that from March<br />

2006 to March 2007, no member would be able to sell his or her membership. Beyond March 2007 and with an entrance<br />

fee of $3,000, there would also be very little incentive for members to sell their transferable membership in the open<br />

market.<br />

Mr Tay said that the intention was to increase the membership to as close as the 15,000 target as possible by March 2007.<br />

And beyond March 2007, the focus would be on the new graduates who would join at $2,000 and, as such, they would<br />

not buy a membership from the open market. On the other hand, other graduates who did not join within three years of<br />

graduation and who wished to join would try to buy their membership from the open market at a lower price.<br />

Mr Tay emphasised that the entrance fee was currently capped at $5,000 because <strong>NUSS</strong> would like to welcome as many<br />

graduates as possible into its fold. He added that while the ceiling could be raised in future, it should not go beyond say<br />

$50,000, which would make <strong>NUSS</strong> exclusive such that other than fresh graduates, other eligible graduates who did not join<br />

earlier would find it difficult to join and be excluded.<br />

In reply to a further question from Mr Low, Mr Tay conceded that the transferable membership, under the current cap of<br />

$5,000, would unlikely be sold for more than $2,000 after accounting for the $2,000 transfer fee and broker’s commission.<br />

5.11 Mr Ernest Tan Kwan Boon (Mr Tan) (T3070G) was worried about the declining membership which was not in sync with the<br />

growing graduate population and the improving economy in Singapore. He added that <strong>NUSS</strong> should not position itself in<br />

the same class as some clubs and that it was important to evaluate other solutions and to focus on improving the general<br />

membership.<br />

5.12 Mr Mohan thanked Mr Tan for his comments and noted that while the graduate population was growing, there was<br />

competition from other clubs and societies for membership. He emphasised that members should actively participate in<br />

the membership drive and that if every member could each recruit one new member, the impact would be fantastic and<br />

would go a long way to help solve <strong>NUSS</strong>’ current problems.<br />

5.13 Dr Francis Pavri (Dr Pavri) (P2086A) was concerned that there could be some new graduate members who had no intention<br />

to remain in <strong>NUSS</strong> but who joined because they could sell their $2,000 transferable membership later in the open market<br />

for a profit.<br />

5.14 Mr Tay reiterated that transferability was not intended to allow members to profiteer from selling their membership on the<br />

open market. As mentioned earlier, no one would buy a membership for more than $5,000 and after taking into account<br />

the transfer fee and broker’s commission, the maximum amount any member could make would be less than $1,000,<br />

which would not be attractive. In any case, transferability would have helped to attract one more member for <strong>NUSS</strong>.<br />

5.15 Dr Pavri highlighted that members who were 50 years and above comprised 20% of the membership while those<br />

below 29 years comprised only 2%. He added that many undergraduates were probably not aware of the existence and<br />

objectives of <strong>NUSS</strong>. He asked whether there were any plans to tap into this important segment.


nuss<br />

annual report 2006<br />

PG<br />

5.16 Mr Tong agreed that there was minimal representation of young members in <strong>NUSS</strong>. The MC was being more active in<br />

recruiting undergraduate members who were allowed to participate in <strong>NUSS</strong>’ activities and use some of the facilities<br />

by paying a monthly subscription fee of $10. Mr Mohan added that his daughter, a first year NUS student, is an<br />

Undergraduate Member and he would encourage all members to market the scheme to their children or relatives.<br />

5.17 Mr Tay commented that the issues concerning the promotion of <strong>NUSS</strong> to potential members and the provision of good facilities<br />

and activities had basically been addressed. He added that if the resolutions were approved, they would, among other things,<br />

address the financial element which was to provide a three-year window for new graduates to join at a low fee.<br />

5.18 Associate Professor Ann Wee (W5980J) (A/Prof Wee) said that new graduates who had to repay study loans might not have<br />

any surplus funds to pay for a club membership for some time.<br />

5.19 Mr Tay assured the House that the Membership Sub-Committee was monitoring this issue and could, if required, tweak<br />

the instalment payment scheme for new graduates. He mentioned that based on his personal experience, new graduates<br />

would have to repay their study loans within three years of graduation. Mr Mohan added that he would try to obtain the<br />

relevant information from the University Administration and use it to fine-tune the scheme to entice more fresh graduates<br />

to join <strong>NUSS</strong>.<br />

5.20 Mr Donald Wyatt (Mr Wyatt) (W0818S) referred to statistics which showed that 27% of the members were 51 years and<br />

above. He noted that in 2004 and 2005, 426 members and 350 members left <strong>NUSS</strong> respectively. He added that it would<br />

be interesting to know what percentage of these members belonged to the 50 years and above age group. One of them<br />

who left told him that he had no interest in <strong>NUSS</strong>. Mr Wyatt suggested that the Senior Circle should continue to exist<br />

to encourage older members to remain. He noted that a Guild House would be set up at the Bukit Timah Campus and<br />

requested that some thought could be given to bringing back those members who had an affiliation to that location.<br />

5.21 Mr Mohan thanked Mr Wyatt for his observations. He pointed out that the MC would continue to promote activities for all<br />

segments of <strong>NUSS</strong> and that the Senior Circle had been fairly active.<br />

5.22 Ms Carol Chua Siew Gek (Ms Chua) (CA045A) said that club facilities alone would not entice graduates to join <strong>NUSS</strong>. In<br />

line with the priority to bring in younger members, it was important to find out what kind of activities would appeal to<br />

them and what were their priorities in life. She opined that activities like money-making seminars and entrepreneurial<br />

talks were the way to go as many young people were planning to retire from work by 40 or younger. She said that <strong>NUSS</strong><br />

would need to be more dynamic, daring and innovative in its approach to recruit new members.<br />

5.23 Mr Mohan thanked Ms Chua for her enthusiasm and invited her to join the Membership Sub-Committee. He added that<br />

<strong>NUSS</strong> would need that kind of enthusiasm to promote itself and improve membership.<br />

5.24 He next invited Mr David Ho, the former Chairperson of the Membership Sub-Committee, to give his comments.<br />

5.25 Mr David Ho Peng Cheong (Mr Ho) (HA223G) noted that the salient feature of the four resolutions was not about<br />

transferability per se but about money. He added that <strong>NUSS</strong> should be open to all graduates and with proper marketing,<br />

it should be their club or society of choice. However, he was not sure if a new graduate would join within three years of<br />

graduation as his or her priority would be to repay the outstanding study loan. The response might not be encouraging<br />

even if the window period was extended to five years. He emphasised that more effort should be made to promote<br />

<strong>NUSS</strong> to the NUS undergraduate population.<br />

He suggested that it would be easier to raise funds to meet the $6.7 million shortfall through charging a simple conversion<br />

fee instead of adopting the transfer fee scheme. If <strong>NUSS</strong> could convert 50% of the membership to transferable membership<br />

at a fee of $1,000 each, it could raise $6.7 million.<br />

On increasing the membership and revenue base, he proposed the creation of “V” (Virtual) Members. Every NUS graduate<br />

would automatically become a free Virtual Member of <strong>NUSS</strong>. “V” Members would not be allowed to use the Society’s<br />

facilities and would pay a small subscription fee yearly to be associated with the Society and to participate in its off-campus<br />

activities. Every “V” Member would be eligible to apply for the <strong>NUSS</strong>-DBS Platinum Card, which would be an added incentive<br />

for new graduates to join.<br />

He concluded that he was offering the above new options to the MC for consideration.<br />

5.26 Mr Mohan thanked Mr Ho for his observations and suggestions which would be considered by the current MC.


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annual report 2006<br />

5.27 Mr Johnny Tan Khoon Hui (T4401K) said that Mr Lai and he were not sure if an upfront conversion fee of say, $1,000 to enable<br />

a membership to be transferable would appeal to members. This suggestion would need to be considered carefully.<br />

5.28 Mr Mohan welcomed new ideas from members on how to improve the recruitment drive. They could write or e-mail to the<br />

MC or approach the Secretariat.<br />

5.29 Mr Sun Wai Hoong (Mr Sun) (SA513G) mentioned that he was a new member and a new graduate. He would appreciate if<br />

someone could shed more light on the alternative facilities to be made available to members during the period when Kent<br />

Ridge Guild House was being upgraded and on the reduction of the entrance fee to $2,000 during this period.<br />

5.30 In reply to Mr Sun’s enquiry, Mr Lai clarified that the swimming pools and tennis courts at Kent Ridge Guild House would<br />

no longer be available for members’ use. To minimise the disruption, the MC had made alternative arrangements for<br />

similar facilities to be made available to members. However, some members might find it inconvenient to go to another<br />

location outside the Guild House.<br />

5.31 Mr Tong added that it would be more difficult to entice potential members to join during the upgrading period when the<br />

facilities would not be available for use at Kent Ridge Guild House. The proposed reduction in the entrance fee to $2,000<br />

would make it easier to recruit new members during this interim period.<br />

5.32 Mr Wyatt said he would like to speak in support Mr Ho’s suggestion to introduce a conversion fee. He mentioned that the<br />

Singapore Recreation Club managed to raise a very large sum of money when it implemented such a scheme.<br />

5.33 In reply, Mr Tay highlighted that the purpose of introducing transferable membership was to address the issue of declining<br />

membership. All things being equal, the attrition rate would drop with transferable membership. The Membership Sub-<br />

Committee believed that graduates would be enticed to join when the transfer fee and entrance fee were the same.<br />

New graduates would join within three years of graduation at a discounted fee of $2,000.<br />

He added that the Membership Sub-Committee did consider the introduction of a conversion fee. He was always open<br />

to new ideas and added that members should not view the transferable membership scheme as a means to make<br />

money. He reiterated that transferability would help to provide some form of security to members in the sense that they<br />

could sell their membership in the transfer market and recoup some of their investment should they wish to resign in<br />

future. For prospective members, it would be an additional incentive to join <strong>NUSS</strong>. This scheme was not intended to be<br />

a money-raising exercise.<br />

5.34 Mr Low suggested that the proposed transfer fee of $2,000 be reduced to $1,000 to make it more attractive for fresh<br />

graduates to join <strong>NUSS</strong>.<br />

5.35 Mr Tay replied that if the financial position of the Society improved in future, the transfer fee and the entrance fee for new<br />

graduates could be reviewed and, if approved, brought down to a lower level. But as long as the entrance fee for new<br />

graduates was $2,000, the transfer had to be $2,000 otherwise there was a risk that <strong>NUSS</strong> would not be able to attract<br />

new members if the membership was trading at say $1,500. The three-year deadline would become irrelevant when the<br />

transfer fee was lower than the new graduates’ joining fee. The new graduates’ joining fee would have to coincide with the<br />

transfer fee so that <strong>NUSS</strong> would always have new members and not just members trading on the secondary market.<br />

5.36 Mr Steven Cheong Yue Thong (Mr Cheong) (C4537B) agreed that transferability was a good option although he felt that<br />

the $2,000 transfer fee was too high. However, he conceded that if the transfer fee was set too low, then the revenue<br />

objective might not be met.<br />

He added that transferability would enhance the value of the membership and would help to attract new members.<br />

However, as long as the entrance fee was $2,000, he did not think that existing members would find it worthwhile to pay<br />

the transfer fee of $2,000 as there would be no monetary gain. On the other hand, if the entrance fee was set too high,<br />

new graduates would not join.<br />

He noted that the starting salary for new graduates was comparable to that some twenty years ago although the cost of<br />

living had increased substantially. To help new graduates to join, he suggested a scheme whereby they could join “free” but<br />

would have to exercise the membership option within the first year. The objective was to entice them to join.<br />

5.37 In reply, Mr Mohan informed that <strong>NUSS</strong> already had a trial membership scheme.<br />

5.38 Mr Cheong suggested that the trial membership scheme could be refined if it was not effective.


nuss<br />

annual report 2006<br />

5.39 Mr Mohan invited Mr Tong to conclude the presentation for the resolutions.<br />

PG<br />

8<br />

5.40 Mr Tong commented that he would be brief as Mr Cheong had already dealt with the core of the transferability issue. He<br />

added that transferability would convert the <strong>NUSS</strong> membership into an asset which could be traded. On the transfer fee<br />

quantum, he said that it could be reviewed and changed in future subject to the approval of the House.<br />

The objective of the second resolution on Corporate Members was to increase the membership base and to make<br />

membership more attractive. Resolutions One and Four were drafted based on feedback from undergraduates.<br />

He concluded that in the long-term interest of <strong>NUSS</strong>, he would urge all members to seriously consider and vote for all the<br />

four resolutions.<br />

5.41 Mr Chua Meng Seng (Mr Chua) (CA516K) asked whether the club facilities would be adequate if there was a good response<br />

to the membership drive.<br />

5.42 Mr Mohan replied that capacity was not a problem as not all members would use the facilities at the same time. Moreover,<br />

there were three Guild Houses to cater to members’ needs.<br />

5.43 Mr Kwek Chok Wen (Mr Kwek) (K5514G) suggested that new members who joined at $2,000 should not be allowed to trade<br />

their membership within three years of joining to protect the interest of existing members.<br />

5.44 Mr Mohan thanked him for the suggestion and said that it would be considered.<br />

5.45 Mr Mohan requested members to proceed to the back of the Guild Hall to cast their votes. He reminded members to read<br />

the instructions on the ballot forms and to deposit the completed forms into the respective ballot boxes.<br />

6. ANNOUNCEMENT OF VOTING RESULTS<br />

6.1 Mr Mohan announced the results of the voting as follows:<br />

1) Resolution One - A total of 86 members voted and 82.5% voted for the resolution. Resolution carried.<br />

2) Resolution Two - A total of 85 members voted and 83.5% voted for the resolution. Resolution carried.<br />

3) Resolution Three - A total of 84 members voted and 78.5% voted for the resolution. Resolution carried.<br />

4) Resolution Four - A total of 84 members voted and 77.4% voted for the resolution. Resolution carried.<br />

Mr Mohan declared all the four resolutions carried.<br />

6.2 Mr Mohan thanked members for taking pains to debate the issues in addition to contributing suggestions, ideas and<br />

constructive criticisms. He added that the MC would meet and discuss them, conduct a post mortem and come up with<br />

some bold ideas too. Based on the feedback from members, he said that the MC would need to be less conservative in its<br />

approach to promote <strong>NUSS</strong> to potential members and undergraduates.<br />

He again encouraged all members to try to recruit one new member each.<br />

He also thanked representatives from Foo Kon Tan Grant Thornton who were present to assist in the proceedings as well as<br />

the Secretariat staff who had done a good job in organising the meeting.<br />

There being no other matters, the meeting ended at 9.40 pm.<br />

Lai Kim Seng<br />

Honorary Secretary


Report of<br />

Management Committee<br />

1. MEETING AND ATTENDANCE<br />

1.1 Management Committee 2005 / 2006<br />

(January to April 2006)<br />

Chandra Mohan K Nair 4/4<br />

Johnny Tan Khoon Hui 3/4<br />

Lai Kim Seng 4/4<br />

Wong Peng Meng 4/4<br />

Tan Siang Chik 4/4<br />

Siva S Retnam 4/4<br />

Vincent Rasa Benedict 3/4<br />

Monica Chung Poh Yoke 1/4<br />

Wilfred Kwok Chin Chye 4/4<br />

Neo Chia Reei 4/4<br />

Ong Pin Sam 4/4<br />

Oon Tik Lee 4/4<br />

Edward S Tay 4/4<br />

Tong Hsien-Hui 3/4<br />

Yip Kum Fei 4/4<br />

1.2 Management Committee 2006 / 2007<br />

(May to December 2006)<br />

Chandra Mohan K Nair 8/8<br />

Johnny Tan Khoon Hui 8/8<br />

Lai Kim Seng 7/8<br />

Yee Woon Yim 8/8<br />

Wong Peng Meng 8/8<br />

Siva S Retnam 8/8<br />

Tan Siang Chik 6/8<br />

Mohan Balagopal 8/8<br />

Vincent Rasa Benedict 4/8<br />

Ong Pin Sam 8/8<br />

Oon Tik Lee 3/8<br />

Francis Pavri (Dr) 8/8<br />

Edward S Tay 7/8<br />

Teo Chin Tuan 6/8<br />

Tong Hsien-Hui 5/8<br />

Yip Kum Fei 7/8<br />

PG<br />

9<br />

2. SUB-COMMITTEES<br />

nuss<br />

annual report 2006<br />

The Sub-Committees and Chairpersons under the<br />

Management Committee 2006/2007 were as follows:<br />

Community Services Ong Pin Sam<br />

Continuing Education Oon Tik Lee<br />

Cultural Francis Pavri (Dr)<br />

Disciplinary Tan Siang Chik<br />

External Alumni Relations Networking Mohan Balagopal<br />

Finance Johnny Tan Khoon Hui<br />

House, Food & Beverage Vincent Rasa Benedict<br />

Information Technology Wong Peng Meng<br />

Membership Edward S Tay<br />

Publication Wong Peng Meng<br />

Resource Panel Francis Pavri (Dr)<br />

Sports & Recreation Siva S Retnam<br />

Strategic Planning Chandra Mohan K Nair<br />

3. SPECIAL PROJECT COMMITTEES<br />

Alumni Complex Lai Kim Seng<br />

Bukit Timah Guild House Johnny Tan Khoon Hui<br />

Branding Tong Hsien-Hui<br />

Fundraising Siva S Retnam<br />

Heritage Tan Siang Chik<br />

4. REPRESENTATIVES OF THE SOCIETY<br />

Alumni International Singapore Mohan Balagopal<br />

Feedback Unit Francis Pavri (Dr)<br />

People’s Association Mohan Balagopal<br />

5. KEY DECISIONS TAKEN BY THE MANAGEMENT COMMITTEE<br />

DURING THE PERIOD UNDER REVIEW<br />

26 January 2006<br />

n Approved four (4) resolutions to convene a General<br />

Meeting to seek members’ approval on transferability of<br />

membership, corporate members, changes in entrance<br />

fee and reduction of entrance fee for new graduates<br />

who join as members within three years of obtaining<br />

their first degrees.


nuss<br />

annual report 2006<br />

n Approved the replacement of four (4) fruit machines at<br />

no additional cost to the Society.<br />

n Approved the purchase of computers and a printer at<br />

$15,129.<br />

n Approved the payment of $500 commission to joint<br />

promotion partners for each new member recruited.<br />

n Approved a proposal to incur a total net expenditure of<br />

$36,540 for the 2006 Members’ Social / New Members’<br />

Nights.<br />

n Approved the appointment of Lancer Design Pte Ltd to<br />

design and produce the 2005 Annual Report at a cost<br />

of $33,500.<br />

n Approved a proposal to set up a Dance Sport Interest<br />

Group.<br />

23 February 2006<br />

n Approved the Audited Financial Statements for the year<br />

ended 31 December 2005.<br />

n Approved a budget of $20,000 for Staff Night 2006.<br />

n Approved the purchase of additional pieces of dance<br />

floor at $11,000.<br />

n Endorsed the formation of the Bukit Timah Guild House<br />

Working Committee to oversee the development of a<br />

new Guild House on the Bukit Timah campus.<br />

n Approved the formation of a Tender Board to review and<br />

approve all expenditures relating to the development of<br />

Bukit Timah Guild House.<br />

30 March 2006<br />

n Approved a budget of $17,125 for the publication of the<br />

Commentary – <strong>NUSS</strong> Academic Journal.<br />

n Approved the revision of Ordinary and Associate<br />

Membership entrance fee instalment plan.<br />

PG<br />

n Approved the revision of Term Membership fee.<br />

0<br />

27 April 2006<br />

n Endorsed a proposal to organise a dance group Dinner<br />

and Dance in May 2006.<br />

n Approved the corporate membership entrance fee at<br />

$5,400 for three nominees and $1,800 per nominee<br />

thereafter.<br />

n Approved the official text of the Society’s name in Bahasa<br />

Melayu, Tamil and Mandarin.<br />

9 May 2006<br />

n Endorsed the election of officer bearers for the<br />

Management Committee 2006/2007.<br />

n Endorsed the appointment of Executive Committee<br />

members.<br />

n Approved the appointment of Chairperson and Deputy<br />

Chairperson of various Sub-Committees.<br />

1 June 2006<br />

n Approved the donation of computers and printers<br />

with zero net book value to the International Outreach<br />

Programme to Cambodia and the Salvation Army.<br />

n Approved a proposal to allocate a total subsidy of $10,940<br />

for the 20 th Golf Annual to be held on Friday, 21 July 2006<br />

at the Raffles Country Club.<br />

n Approved a budget of $27,630 for the 2006 New Alumni<br />

Dinner.<br />

6 July 2006<br />

n Endorsed the proposal to engage KPMG to lead and<br />

facilitate the development of strategic plans.<br />

n Approved the 2006 annual salary increment.<br />

n Approved a sum of $21,278 for the purchase of IT hardware<br />

and software.


n Approved the disposal of old swimming pool furniture<br />

and filtration system equipment to make way for the<br />

construction of the Alumni Complex.<br />

n Approved a budget of $61,600 to replace three (3) fruit<br />

machines in Kent Ridge Guild House and one (1) fruit<br />

machine in Adam Park Guild House.<br />

n Approved the implementation of online membership<br />

application.<br />

n Approved the guidelines for sponsorship of<br />

Commencement Night dinners organised by NUS<br />

faculties.<br />

n Approved the guidelines for deleting defaulters.<br />

2 August 2006<br />

n Approved the debt collection procedures for corporate<br />

accounts.<br />

n Approved the appointment of DW Design to design and<br />

print new membership marketing brochures at a cost of<br />

$17,090.<br />

7 September 2006<br />

n Approved a budget of $44,000 for the membership<br />

promotion drive for the last quarter of 2006.<br />

n Approved a budget of $18,308 for <strong>NUSS</strong>-PAUM Games<br />

2006.<br />

n Endorsed the removal of outstation and absent members<br />

from the mailing list of The Graduate.<br />

n Endorsed a concept plan for the establishment of an<br />

External Membership (eMembership).<br />

5 October 2006<br />

PG nuss<br />

annual report 2006<br />

n Endorsed the new membership brochure.<br />

n Endorsed the proposed dress code and guideline for<br />

prams in all Guild Houses.<br />

2 November 2006<br />

n Approved the award of a new contract to TTG Asia Media<br />

Pte Ltd to publish The Graduate at $20,000 per issue, six<br />

issues a year, for a period of two years.<br />

n Approved a donation of $10,000 to The Singapore Lyric<br />

Opera.<br />

28 December 2006<br />

n Approved the replacement of two (2) cardio machines<br />

at Kent Ridge Guild House gymnasium at a cost not<br />

exceeding $13,100.<br />

n Approved a training budget of $9,275 for Customer<br />

Service Excellence Programme organised by Integrative<br />

Pte Ltd.<br />

n Approved the award of contract to produce the 2006<br />

Annual Report to Lancer Design at a cost of $29,000.<br />

n Approved the renewal of the Society’s insurance policies<br />

through MACS-UIB Insurance Brokers for another year.<br />

n Endorsed the Budget for year 2007.<br />

n Approved the guidelines on members’ privileges and<br />

benefits programme.<br />

n Endorsed the revised guidelines for debt collection.<br />

n Approved the disbursement of the final tranche of<br />

$80,000 (Singapore dollar equivalent) pledged to the<br />

NUS Enterprise Centre in Silicon Valley.


nuss<br />

annual report 2006<br />

Chairperson<br />

Lai Kim Seng<br />

(<strong>NUSS</strong> Honorary Secretary)<br />

Deputy Chairperson<br />

Prof Yong Kwet Yew<br />

(NUS Vice-President)<br />

Members<br />

Lau Kwong Chung<br />

(<strong>NUSS</strong> Member)<br />

Michael Ng<br />

(Director, NUS Office of Estate & Development)<br />

Johnny Tan Khoon Hui<br />

(<strong>NUSS</strong> Vice-President)<br />

Tan Swee Yong<br />

(Senior Architect, NUS Office of Estate &<br />

Development)<br />

Tay Sok Kian (Ms)<br />

(Deputy Director, NUS Office of Finance)<br />

A/Prof Teo Choo Soo<br />

(Director, NUS Office of Alumni Relations)<br />

Harry Yeo<br />

(<strong>NUSS</strong> Member)<br />

<strong>NUSS</strong> Secretariat<br />

Clara Lee (Ms)<br />

(Chief Executive Officer)<br />

Faris Salahudeen<br />

(Special Projects Manager)<br />

Project Manager<br />

Fanny Chan (Ms)<br />

PG<br />

Alumni Complex<br />

Project Committee<br />

The Alumni Complex Project Committee comprising representatives from <strong>NUSS</strong><br />

and NUS was formed in February 2004 to spearhead the physical development of<br />

the Complex.<br />

The Complex, when completed will have three (3) distinct components:<br />

(1) the redeveloped Kent Ridge Guild House (KRGH)<br />

(2) the NUS Shaw Foundation Alumni House (SFAH)<br />

(3) a common courtyard linking the two buildings<br />

The existing KRGH will be redeveloped in two phases, with Phase 1 expected to be<br />

completed by the end of 2007 and Phase 2 to commence in the third quarter of 2007<br />

and targeted for completion by mid-2008. This phasing of the redevelopment seeks<br />

to minimise the disruption to the use of facilities by members.<br />

The SFAH, which is funded by NUS, will also be ready by the end of 2007.<br />

Significant physical progress has been achieved during the past twelve months.<br />

Following the appointment of the main contractor, the formal groundbreaking<br />

ceremony took place on 8 May 2006. The momentous event was officiated by<br />

Dr Tony Tan, Chairman of the National Research Foundation and former Deputy<br />

Prime Minister, who gamely broke ground with an excavator.<br />

The second half of the year was filled with a flurry of construction activities and<br />

consequent re-organisation of existing facilities. The demolition of the KRGH<br />

swimming pools and tennis courts was completed in September 2006 and by<br />

November 2006, piling works were also completed on schedule. Meanwhile,<br />

alternative arrangements were made with nearby clubs to give members<br />

continued access to these facilities. Steps have also been taken to ensure that any<br />

unavoidable inconvenience due to the construction activities would be kept to a<br />

minimum.<br />

Looking ahead to 2007, the committee will be focusing on the main superstructure<br />

works. At the same time, we have to push ahead with finalising and implementing all<br />

the necessary requirements for the interior design works, the audiovisual system and<br />

the new kitchens of KRGH.


Initial illustrations of the redeveloped Kent Ridge Guild House showing the<br />

Reception Lobby and Chinese Restaurant<br />

Featuring cosmopolitan features set amid a soaring ceiling, the lobby<br />

exudes a warm ambience of understated elegance and luxury<br />

Over at the SFAH, construction works have been progressing steadily and on<br />

schedule, with emphasis being placed on getting the layout and design of the F&B<br />

kitchen for the Faculty Club finalised and its subsequent construction aligned with<br />

the overall main construction programme.<br />

Upon completion, the upgraded KRGH will provide a host of new and enhanced<br />

facilities for <strong>NUSS</strong> members’ exclusive use. At the same time, members will also have<br />

access to the facilities in the SFAH.<br />

The Management Committee and Secretariat would like to express their sincere<br />

appreciation and thanks to all members for their understanding and patience as we<br />

upgrade to offer a wider mix of facilities for members’ enjoyment.<br />

A sampling of some new facilities in the Alumni Complex<br />

Kent Ridge Guild House<br />

Chinese Restaurant<br />

Function Rooms<br />

Bar Lounge with Outdoor Terrace<br />

Conference Rooms<br />

Pro-Shop<br />

50m Swimming Pool<br />

Children’s Pool<br />

Three Rooftop Tennis Courts<br />

Children’s Centre<br />

Aerobics Room<br />

Sports Bar<br />

Shaw Foundation Alumni House<br />

Hall of Fame<br />

Heritage Gallery<br />

Retail space and Cafes<br />

Auditorium<br />

Seminar and Conference Rooms<br />

Business Centre<br />

Reading Room<br />

Faculty Club<br />

Invited guests cheer on as the groundbreaking ceremony takes place<br />

PG nuss<br />

annual report 2006<br />

The new Chinese Restaurant harmoniously combines modern with oriental and<br />

offers an ideal venue to savour culinary delights with friends and associates<br />

Dr Tony Tan officiating the<br />

groundbreaking ceremony


nuss<br />

annual report 2006<br />

Chairperson<br />

Johnny Tan Khoon Hui<br />

(<strong>NUSS</strong> Vice-President)<br />

Deputy Chairperson<br />

Lai Kim Seng<br />

(<strong>NUSS</strong> Honorary Secretary)<br />

Members<br />

Vincent Rasa Benedict<br />

(Chairperson, House, Food & Beverage<br />

Sub-Committee)<br />

Kwek Chok Ming<br />

(<strong>NUSS</strong> Member)<br />

Lau Kwong Chung<br />

(<strong>NUSS</strong> Member)<br />

Leong See Yuen<br />

(<strong>NUSS</strong> Member)<br />

Siva S Retnam<br />

(Chairperson, Sports & Recreation<br />

Sub-Committee)<br />

Teo Chin Tuan<br />

(<strong>NUSS</strong> Management Committee Member)<br />

Terence Wong Kong Sing<br />

(<strong>NUSS</strong> Member)<br />

<strong>NUSS</strong> Secretariat<br />

Clara Lee (Ms)<br />

(Chief Executive Officer)<br />

Faraq Yahiya<br />

(Operations Director)<br />

Faris Salahudeen<br />

(Special Projects Manager)<br />

PG<br />

ukit Timah<br />

Guild House Project Committee<br />

On 28 May 2005, many of our members were thrilled with a sense of homecoming<br />

when it was revealed by our then Deputy Prime Minister Dr Tony Tan that part of<br />

the Bukit Timah Campus (BTC) would be returned to the National University of<br />

Singapore (NUS).<br />

In June 2005, a meeting was held between <strong>NUSS</strong>, NUS and the National Parks<br />

Board (NParks) to register the Society’s interest in setting up a Guild House at BTC.<br />

During preliminary discussions, <strong>NUSS</strong> was informed that House No 2, a conservation<br />

building, had been designated as an F&B outlet as part of NParks’ overall plan to<br />

provide a complete dining experience for its visitors. This location could be offered<br />

to <strong>NUSS</strong> for its proposed Guild House. Further meetings ensued and a presentation,<br />

along with a formal proposal, was submitted to NParks in September 2005.<br />

Location map of the proposed Bukit Timah Guild House<br />

Proposed<br />

BTGH<br />

NUS<br />

Bukit Timah<br />

Campus<br />

Future MRT


Upon the receipt of NParks’ in-principle approval to our proposal in October 2005, a<br />

General Meeting was convened in November 2005 to seek approval from members<br />

for the establishment of a Guild House at BTC. The membership strongly supported<br />

this initiative and a Bukit Timah Guild House (BTGH) Project Committee and Tender<br />

Board were formed in February 2006 to oversee the development.<br />

The Project Committee’s immediate priorities were:<br />

1) to conclude a tenancy agreement with NParks expeditiously and<br />

2) to select and appoint consultants and a contractor to undertake the design and<br />

construction of the Guild House<br />

The negotiations with NParks over the terms and conditions of the tenancy<br />

agreement took longer than originally envisaged as there were a number of rather<br />

difficult but fundamental issues which both parties had to resolve. Most of these<br />

have been satisfactorily settled and we are presently awaiting NParks’ clarification<br />

on the matter that concerns the use of the adjoining outdoor space. Whilst the<br />

negotiations may have taken longer than planned, the Management Committee<br />

has also been mindful that the Society’s interests should not be compromised in<br />

reaching an agreement.<br />

Concurrently, in March 2006 the Project Committee started the selection process for<br />

a suitable design proposal and a team of qualified consultants/contractors. After a<br />

rigorous and intensive review process, a suitable candidate has been shortlisted and<br />

the Committee expects to award the contract immediately after the finalisation of<br />

the tenancy agreement with NParks.<br />

The construction works are expected to commence approximately two months<br />

after the signing of the tenancy agreement, as this is the anticipated timeframe<br />

required to obtain the necessary approvals from relevant authorities for a<br />

conservation building of this nature. Barring any unforeseen circumstances<br />

from the relevant authorities, the works are expected to be completed within six<br />

months of receiving the approvals. Members can therefore expect a brand new<br />

Guild House at BTC sometime in the second half of 2007.<br />

PG nuss<br />

annual report 2006<br />

Initial illustrations of the proposed BTGH showing the reception lobby, lounge bar and alfresco area<br />

A warm and welcoming reception lobby<br />

The alfresco area set in a natural environment<br />

Source: RichardHO Architects<br />

The Lounge Bar – a space to relax and socialise<br />

Facilities & Amenities<br />

BTGH has the distinct advantage of being nestled in the lush<br />

greenery of the Singapore Botanic Gardens. Recognising<br />

the inherent potential of creating a unique natural dining<br />

experience for members and guests, a facility mix has been<br />

incorporated that will be able to take advantage of this<br />

potential. The lower level will include a restaurant with a<br />

modern concept and private dining rooms. There will also<br />

be a casual alfresco area for dining with bar service. The<br />

upper level will comprise a lounge bar, jackpot facilities and<br />

a games room that will be able to cater to a multitude of<br />

activities including balut, darts and bridge.<br />

Photos of the current conservation<br />

building (House No 2)<br />

The building earmarked for the proposed BTGH<br />

A view of the rear of the premises


nuss<br />

annual report 2006<br />

<strong>NUSS</strong> signs MOU with PAUM<br />

Reciprocal arrangement with the Graduate<br />

Union of the University of Melbourne<br />

PG<br />

<strong>NUSS</strong> Choir makes its mark in the Forbidden<br />

City Concert Hall in Beijing, China<br />

<strong>NUSS</strong> signs MOU with the Cambodian<br />

Ministry of Education, Youth & Sports


Friendship between <strong>NUSS</strong> and Peking University<br />

PG nuss<br />

annual report 2006<br />

Expanding<br />

Our Horizons


nuss<br />

annual report 2006<br />

Chairperson<br />

Ong Pin Sam<br />

Deputy Chairperson<br />

Yip Kum Fei<br />

Members<br />

Tommy Ang Kok Kay<br />

Balasupramaniam Krishna<br />

James N Boss (Dr)<br />

Jenny Kwa Siew Eng @ Bee (Ms)<br />

Edmund Lim Tiong Joo<br />

Dennis Lin Wai Man<br />

Liu Chu Hou<br />

Evelyn Quek Mui Gek (Ms)<br />

Mervyn Sek Kok Chuan<br />

Harphal Singh<br />

Muthu Tamilselvan<br />

Tan Chor Kerng<br />

Tan Kin Mee<br />

Esther Wong Fai Seok (Ms)<br />

PG<br />

8<br />

Bringing festive cheer to elderly folks<br />

Community Services<br />

Sub-Committee<br />

The Community Services Sub-Committee continues its efforts in promoting <strong>NUSS</strong> as<br />

a caring Society through active involvement in the community. Reaching out to the<br />

less privileged in Singapore and the region, the Sub-Committee spearheads events<br />

and progammes to engage <strong>NUSS</strong> members in charity work. The Sub-Committee’s<br />

aspiration is to create a culture of giving in <strong>NUSS</strong> and a spirit of volunteerism among<br />

its members.<br />

Festive charity events form the mainstay of the Sub-Committee’s community work.<br />

The annual Chinese New Year Festive Gathering for Senior Citizens in 2006 welcomed<br />

90 elderly folks from the Bukit Batok Home for The Aged, Henderson Senior Citizens’<br />

Home and SACO Senior Citizens’ Home.<br />

On Children’s Day, the Sub-Committee joined hands with the Lions Club<br />

to host a fun-filled party complete with games, goodie bags and even a<br />

magician for 350 eager young ones from Sunlove Marsiling and SINDA.<br />

<strong>NUSS</strong> members truly made Christmas a season of giving when they<br />

participated in the Sub-Committee’s ‘Adopt a Wish’ programme. They<br />

fulfilled the wishes of the children and elderly folks from Rotary Family<br />

Service Centre, Adventist Home for The Elders and Bo Tien Services<br />

Society and gave them a special and meaningful Christmas in 2006.<br />

Student Mentorship Programme (SMP)<br />

SMP is a collaboration between <strong>NUSS</strong>, NUS, South West Community<br />

Development Council and Students Care Service. The programme<br />

recruits NUS undergraduates to befriend and mentor secondary school students for<br />

a one-year cycle in a bid to create a youth-for-youth culture.<br />

To commemorate the end of the eighth cycle of SMP, <strong>NUSS</strong> hosted an Appreciation<br />

Night in September for the 272 participants.<br />

SMP is currently well into its ninth cycle.


Teaching in Cambodia Gaining a deeper appreciation of nature<br />

International Outreach Programme (IOP) to Cambodia<br />

Carrying the IOP flag, an <strong>NUSS</strong> volunteer group set off for Phnom Penh in June 2006<br />

for a week-long Teacher Training Expedition. Their mission was to guide and instruct<br />

the teachers of Indradevi High School and Samaki High School in the English language<br />

and basic computer skills.<br />

Following the expedition, the Sub-<br />

Committee arranged for a number of<br />

refurbished computers, printers and<br />

educational software that it had sourced<br />

from generous donors to be sent to the<br />

high schools.<br />

Teachers of Samaki High School<br />

With the equipment, Indradevi and<br />

Samaki High Schools were able to set up<br />

computer laboratories for their students.<br />

In appreciation of the assistance they<br />

have received under this programme,<br />

both schools have named their computer<br />

laboratories after <strong>NUSS</strong>.<br />

<strong>NUSS</strong> Nature Network (N 3 )<br />

The work of the Sub-Committee extends<br />

beyond compassion for our community.<br />

Nature awareness group, N 3 , engages<br />

members in caring for our environment.<br />

Working in tandem with organisations<br />

such as the National Parks Board (NParks),<br />

N 3 leads nature trails and guided walks.<br />

DATE (2006) EVENT<br />

PG<br />

Celebrating the conclusion of the eighth cycle of SMP<br />

9<br />

nuss<br />

annual report 2006<br />

4 February Chinese New Year Festive Gathering for Senior Citizens<br />

18 March & 29 April N 3 ’s Guided Nature Tour of Bukit Timah Nature Reserve<br />

19 March N 3 ’s Guided Nature Tour of MacRitchie Reservoir<br />

27 & 28 May Fine Arts Exhibition<br />

27 May & 24 June N 3 ’s Guided Tree Top Walk at MacRitchie Reservoir<br />

11 to 17 June<br />

15 September<br />

International Outreach Programme to Cambodia –<br />

Teacher Training Expedition<br />

8 th Cycle Student Mentorship Programme Appreciation<br />

Night<br />

30 September N 3 ’s Guided Ubin Sensory Walk at Pulau Ubin<br />

1 October <strong>NUSS</strong> Children’s Day Party<br />

14 October ‘Healthy Eyes for Life’ Forum<br />

2 December<br />

Kent Ridge Guild House Christmas Light Up cum<br />

“Adopt A Wish” Programme


nuss<br />

annual report 2006<br />

Chairperson<br />

Oon Tik Lee<br />

Deputy Chairperson<br />

Edward S Tay<br />

Members<br />

Alagappan Arunasalam<br />

Chan Lisar (Ms)<br />

Lee Liat Yeang<br />

Maurice Neo Choon Aik<br />

Evelyn Quek Mui Gek (Ms)<br />

Mervyn Sek Kok Chuan<br />

Geoffrey Tan Hock Jin<br />

Tong Lam Joen<br />

Members and guests gather for the Fengshui Talk<br />

Family bonding with kids’ activities<br />

PG<br />

0<br />

Continuing Education<br />

Sub-Committee<br />

The Continuing Education Sub-Committee encourages lifelong learning among<br />

<strong>NUSS</strong> members. It organises talks, seminars and workshops on a multitude of topics<br />

to promote a spirit of self-improvement and enrichment. These events also provide<br />

<strong>NUSS</strong> members with ample opportunities for social interaction and networking.<br />

Informative seminars such as ‘Planning a Will’ and ‘How to Manage Your Finances’<br />

proved popular among members. Encouraged, the Sub-Committee will continue to<br />

pursue these areas of interests.<br />

Mindful that many <strong>NUSS</strong> members have children, the Sub-Committee organised<br />

a myriad of events and activities to suit both adults and children. This included a<br />

Chess Tournament in October 2006 that proved popular with members and their<br />

children.<br />

The <strong>NUSS</strong> Kids’ Club<br />

To cater specifically to the interests of members’ children, the Sub-Committee<br />

launched the <strong>NUSS</strong> Kids’ Club in 2005. It has since attracted some 250 young<br />

members ranging from four to 12 years of age.<br />

The <strong>NUSS</strong> Kids’ Club seeks to create a sense of belonging for members’ children<br />

by providing a variety of interesting and educational activities to develop their<br />

young minds.<br />

The <strong>NUSS</strong> Toastmasters Club<br />

Chartered in December 2004, the <strong>NUSS</strong> Toastmasters Club provides opportunities<br />

for members to master communication skills and the art of public speaking. At the<br />

monthly Chapter Meetings, members build up their confidence and skills through<br />

practice, thoughtful peer evaluations and expert pointers from veteran Toastmasters.<br />

Over the last two years, the <strong>NUSS</strong> Toastmasters Club has grown from strength to<br />

strength. It now has 34 members.


Summary of Events for the Year<br />

Category Date (2006) Event<br />

Lifestyle &<br />

Leisure<br />

Business, Law<br />

& Finance<br />

Social, Cultural<br />

& Family<br />

Children’s<br />

Activities<br />

16 February<br />

25 February<br />

31 March<br />

27 May<br />

30 May<br />

16 September<br />

29 October<br />

12 November<br />

2 December<br />

17 January<br />

16 February<br />

27 February<br />

8 March<br />

15 March<br />

23 March<br />

31 May<br />

26 June<br />

7 July<br />

26 September<br />

16 November<br />

9 February<br />

10 April<br />

10 to 11 June<br />

9 August<br />

2 September<br />

Ad-hoc throughout<br />

the year<br />

Ongoing classes<br />

Food & Thought – ‘Trends of the Food Scene 2006’<br />

Shiseido Beauty Talk<br />

Shiseido Beauty Talk – ‘Make Up & You’<br />

Gourmet Specialty Coffee Appreciation Workshop<br />

Dining Etiquette Workshop<br />

Gourmet Specialty Coffee Appreciation Workshop II<br />

Sally Hansen Alluring Nails Workshop<br />

Colour Sense Workshop<br />

Festive Make Up Techniques<br />

PG nuss<br />

annual report 2006<br />

Ansoff CEO Round Table Workshop<br />

Food & Thought – ‘Prospects of Stock Market in Singapore 2006’<br />

Food & Thought – ‘Corporate Entrepreneurship & Industry Emergence’<br />

Food & Thought – ‘Residential Property Prospects in Singapore 2006’<br />

Food & Thought – ‘Who Moved my Market?’<br />

Ansoff CEO Round Table Workshop II<br />

Food & Thought – ‘Outsourcing: Which Services & Inputs Should We Produce<br />

In-House?’<br />

Food & Thought – ‘Negotiating a Job Offer’<br />

Food & Thought – ‘Planning A Will’<br />

Food & Thought – ‘How to Manage your Finances’<br />

Food & Thought – ‘Business Planning for SMEs’<br />

Fengshui Talk – Predictions for the Year of the Dog<br />

Food & Thought – ‘Lotteries, Luck & Why Lightning Does Strike Twice’<br />

2D1N Kelong Trip to Sibu Island<br />

National Day Dinner Cruise<br />

Sarang Buaya Tour<br />

Baking Buddies<br />

Children’s Christmas Party<br />

Elementary Chess Workshops & Chess Competitions<br />

Emotional Intelligence Workshop<br />

Father’s Day Card & Gift Making Workshop<br />

Inline Skating for Beginners<br />

Mind & Body Workshop<br />

<strong>NUSS</strong> Kids’ Club 1 st Anniversary Party Bash<br />

PC Game Programming<br />

Public Speaking & Presentation Workshop<br />

Robotics-Space Exploration Workshop<br />

Social Graces & Dining Etiquette Workshop<br />

Street Magic Workshop<br />

Super Heroes Science Lab<br />

Soccer Clinic for Juniors<br />

Junior Chess for Beginners<br />

Badminton for Juniors<br />

Tennis for Juniors<br />

Ballet for Juniors


nuss<br />

annual report 2006<br />

Chairperson<br />

Francis Pavri (Dr)<br />

Deputy Chairperson<br />

Ong Pin Sam<br />

Members<br />

Tommy Ang Kok Kay<br />

Fong Poh Him (Dr)<br />

Thomas Sim W C (Dr)<br />

Richard Yeo Seok Kiat<br />

A traditional Chinese opera<br />

Lantern-making during Mid-Autumn<br />

Festival Celebration<br />

PG<br />

Cultural<br />

Sub-Committee<br />

The Cultural Sub-Committee caters to the broad cultural interests of <strong>NUSS</strong> members<br />

and encourages vibrancy in the Society’s spectrum of events and activities.<br />

In the period under review, the Sub-Committee organised weekly Qigong lessons<br />

for members and celebrated the Mid-Autumn Festival with lantern riddles and a<br />

traditional Chinese opera performance.<br />

<strong>NUSS</strong> Choir<br />

A diverse group of <strong>NUSS</strong> members, bound by their common passion for music<br />

and singing, came together to form the <strong>NUSS</strong> Choir in 1998. It has since grown in<br />

strength, advanced in standard and matured as a cohesive choral group.<br />

Under the baton of musical director Ms Elaine Chan, the 60-member strong choir now<br />

performs regularly at Society functions such as the Senior Circle’s 10 th Anniversary<br />

Dinner, Mid-Autumn Festival Celebration and Christmas Light Up.<br />

The choir is also active outside the Society. In November, it performed at the<br />

World Lottery Association Convention & Trade Show 2006 held at the Raffles City<br />

Convention Centre.<br />

Making its mark regionally, the <strong>NUSS</strong> Choir performed at Hong Kong’s Ko Shan<br />

Theatre in September 2006 alongside two well-known Hong Kong choirs.<br />

Movie & Book Club<br />

Movie buffs and book lovers congregated monthly for the Movie & Book Club meetings.<br />

Lively debates and spirited discussions unfolded as members reviewed classics like<br />

F Scott Fitzgerald’s The Great Gatsby, Jane Austen’s Emma and Michael Ondaatie’s<br />

The English Patient.<br />

DATE (2006) EVENT<br />

21 March – 6 June Weekly Qigong<br />

3 – 9 September <strong>NUSS</strong> Choir Performance at Hong Kong’s Ko Shan Theatre<br />

6 October Mid-Autumn Festival Celebration<br />

Christmas carolling by the <strong>NUSS</strong> Choir


Chairperson<br />

Tan Siang Chik<br />

Deputy Chairperson<br />

Teo Chin Tuan<br />

Members<br />

Chan Lawrence<br />

Fua Cheng Kin<br />

Kuek Cheow Kiong<br />

Edward Lee Jim Teck<br />

Martin Marini<br />

William Tan Teng Hoo<br />

Disciplinary<br />

Sub-Committee<br />

PG nuss<br />

annual report 2006<br />

The Disciplinary Sub-Committee deals with members’ complaints in accordance<br />

with the disciplinary processes provided in the Society’s Constitution. The<br />

Sub-Committee advocates mediation and aims to provide an avenue for conciliation<br />

and amicable settlement of disputes between members.<br />

In 2006, no cases were brought before the Sub-Committee.


nuss<br />

annual report 2006<br />

Chairperson<br />

Mohan Balagopal<br />

Deputy Chairperson<br />

Wong Peng Meng<br />

Members<br />

Bay Yew Chuan<br />

Henry Liew Kok Keong<br />

Wayne Maksylewich<br />

Alvin Ong Siau Wah<br />

Andrew Teo Neng Wee<br />

Esther Wong Fai Seok (Ms)<br />

PG<br />

External Alumni Relations<br />

Networking Sub-Committee<br />

In line with the Society’s aspiration of reaching beyond our shores, the External<br />

Alumni Relations Networking (EARN) Sub-Committee seeks to establish and<br />

maintain links with graduate associations locally and internationally.<br />

During the course of the year, conscious effort was made to engage several<br />

foreign alumni bodies with a view to encourage mutual collaboration with various<br />

alumni associations and to facilitate interaction among graduates from different<br />

universities.<br />

Establishing Ties: Foreign University Graduate Associations<br />

<strong>Building</strong> on its success of linking up with three graduate bodies in year 2005, namely,<br />

the University Club of Denver in Colorado, USA, the University Club of Pasadena,<br />

California, USA and University Club of Montreal in Canada, the Sub-Committee<br />

worked to establish reciprocity with three other alumni clubs in 2006.<br />

These are:<br />

n University House at the Australian National University, Australia<br />

n The Graduate Union of the University of Melbourne, Australia<br />

n The University Women’s Club, London, United Kingdom<br />

These six graduate clubs now offer <strong>NUSS</strong> members privileged access to their<br />

facilities, including dining outlets and seminar rooms. Some of these associations<br />

like The Graduate Union of the University of Melbourne and University Women’s<br />

Club also provide overnight accommodation at rates significantly lower than hotels<br />

within the same area. Most of these establishments are exclusive to their members<br />

and members of reciprocal clubs.<br />

Members can continue to look forward to broadening their networking opportunities<br />

globally as the Sub-Committee actively seeks potential collaborations with other<br />

graduate associations.


A new reciprocal arrangement with the Graduate Union of the University of Melbourne<br />

Looking Ahead<br />

Beyond establishing reciprocal arrangements,<br />

the Sub-Committee will also pursue potential<br />

collaborations with local alumni groups such<br />

as the Singapore Chapter of the University of<br />

Western Sydney.<br />

Concurrently, the Sub-Committee will seek to<br />

identify areas of engagement with existing<br />

partners such as the Imperial College Alumni<br />

Association Singapore (ICAAS), Persatuan<br />

Alumni Universiti Malaya (PAUM) and the<br />

Alumni International Singapore (AIS). AIS is a<br />

group of alumni associations, of which <strong>NUSS</strong><br />

was a founding member.<br />

The Sub-Committee is committed to<br />

establishing more links with local and overseas<br />

alumni associations to afford <strong>NUSS</strong> members<br />

greater networking opportunities.<br />

Fostering interaction among graduates<br />

The Graduate Union of University of Melbourne<br />

PG nuss<br />

annual report 2006


nuss<br />

annual report 2006<br />

Chairperson<br />

Johnny Tan Khoon Hui<br />

Deputy Chairperson<br />

Yee Woon Yim<br />

Members<br />

Edward Lee Jim Teck<br />

Lim Boon Kwong<br />

Marcus Lim Woon Chong<br />

Dennis Lin Wai Man<br />

Alvin Phua Chun Yen<br />

Siva S Retnam<br />

Tan Siang Chik<br />

Philip Toh Kee Poon<br />

Willy Wong Weng Kong<br />

<strong>NUSS</strong> closed the year 2006 with a set of very positive and<br />

encouraging financial results.<br />

The Society’s net surplus improved from $0.01 million in year<br />

2005 to $1.16 million in year 2006. This was due mainly to an<br />

increase of over $0.56 million in entrance fee income from<br />

$0.53 million in 2005 to $1.09 million in 2006. A further $0.60<br />

million came from a 13% higher fruit machine income and a<br />

61% increase in interest income. This was offset by a one-time<br />

impairment loss of $0.47 million for the partial demolition of<br />

the Kent Ridge Guild House building to make way for the<br />

Alumni Complex. Overall, operating income recorded an<br />

increase of 6% from $16.5 million in 2005 to $17.5 million<br />

in 2006.<br />

The Super Deal and Member-Get-Member recruitment<br />

drive launched in October 2006 was a successful campaign.<br />

It contributed 68% of the total new members who joined the<br />

Society in the whole year.<br />

The Society’s net F&B sales for 2006 were maintained at the level<br />

of 2005 despite the disruption caused by the redevelopment<br />

of Kent Ridge Guild House. F&B expenditure was lower by 5%<br />

compared to the previous year and was largely achieved through<br />

more effective cost management. This resulted in an overall<br />

reduction of the F&B deficit by $0.35 million from 2005.<br />

Banquet sales at Kent Ridge and Suntec City Guild Houses<br />

together recorded an improvement to $1.71 million in 2006<br />

from $1.62 million in 2005. Continued emphasis will be placed<br />

on further developing our banquet business in 2007.<br />

Aside from the one-time impact of the impairment loss,<br />

operating expenditure excluding F&B, was $0.40 million lower<br />

PG<br />

Finance<br />

Sub-Committee<br />

than that in year 2005. This was mainly due to lower costs<br />

incurred on repairs and maintenance expenses and donations.<br />

The Society has implemented a new club management system<br />

that offers integration of functions across the Society. The<br />

project is progressing satisfactorily with an estimated spending<br />

within the approved budget.<br />

The Society’s financial position remains healthy with cash<br />

reserves standing at $28.8 million or 5% higher than the<br />

previous year. This, together with a loan facility which NUS<br />

has agreed to provide the Society, will be more than adequate<br />

to meet the funding needs in relation to the development of<br />

the Alumni Complex and the new Guild House at Bukit Timah.<br />

Notwithstanding that, it is essential that the Society continues<br />

to build up its reserves.<br />

Bearing in mind the importance of corporate governance,<br />

the Finance Sub-Committee worked closely with the<br />

Secretariat finance team to streamline processes, tighten<br />

Standard Operating Procedures and improve inventory<br />

control. In line with current Financial Reporting Standards,<br />

the Society has also reviewed and changed the reporting<br />

of F&B operations and entrance fees. For more meaningful<br />

comparison, relevant reports relating to previous years<br />

have also been restated.<br />

Looking ahead, the future continues to look promising. The<br />

Society will stay focused and continue to reinforce our business<br />

strategies in the key areas of Members’ Satisfaction, Branding<br />

& Membership Marketing as well as Cost Efficiencies. We will<br />

continue to pursue ongoing enhancement projects to ensure<br />

that the Society remains the foremost graduate society in<br />

Singapore and beyond.


Income ($000s)<br />

15,716<br />

Net Operating Result ($000s)<br />

Income / Expenditure Distribution<br />

Other income<br />

6.3%<br />

2002 2003 2004 2005<br />

(329)<br />

Fruit machines<br />

15.9%<br />

(2,907)<br />

15,070<br />

Net members’<br />

entrance fee<br />

6.2%<br />

278<br />

Income for 2006<br />

Food and Beverage<br />

36.7%<br />

Subscriptions<br />

34.9%<br />

16,571<br />

2002 2003 2004 2005<br />

9<br />

16,537<br />

1,160<br />

2006<br />

17,496<br />

2006<br />

PG nuss<br />

annual report 2006<br />

Net Operating Result Excluding Assets Write Offs ($000s)<br />

Others<br />

8.6%<br />

(329)<br />

Depreciation and<br />

Assets Write offs<br />

13.8%<br />

(707)<br />

278<br />

2002 2003 2004 2005<br />

Club rental<br />

4.1%<br />

Utilities<br />

4.5%<br />

Club activities<br />

3.7%<br />

Staff salaries<br />

19.9%<br />

9<br />

Repairs and<br />

Maintenance<br />

2.7%<br />

Expenditure for 2006<br />

1,630<br />

2006<br />

Food and Beverage<br />

42.7%


nuss<br />

annual report 2006<br />

Chairperson<br />

Vincent Rasa Benedict<br />

Deputy Chairperson<br />

Teo Chin Tuan<br />

Members<br />

Chan Lawrence<br />

Chitra Devi (Ms)<br />

Jeremy Ee Jian Wen<br />

Joseph Hassan<br />

Joanne Kam Huey Jiuan (Ms)<br />

Liew Woei Chong Keith<br />

Loke Sai Yin<br />

Ong Pin Sam<br />

Mervyn Sek Kok Chuan<br />

Dinesh Singh<br />

Gerard Tan Yue Kwong<br />

William Tan Teng Hoo<br />

Florence Tay Soot Ling (Ms)<br />

Wong Peng Yew<br />

KRGH’s Executive Chef James Aw<br />

with his signature dish, ‘Pen Cai’<br />

Peranakan Guest<br />

Master Chef Jolly Wee<br />

PG<br />

8<br />

House, Food & everage<br />

Sub-Committee<br />

The Food & Beverage (F&B) operations performed reasonably well. F&B income<br />

for the full year across the three Guild Houses totalled $6.42 million, compared<br />

to $6.46 million in 2005.<br />

With the implementation of the new Information Management System, all<br />

F&B outlets at the three Guild Houses were equipped with a new Point-of-Sale<br />

(POS) system, reducing waiting time for members and improving overall service<br />

rendered.<br />

Kent Ridge Guild House (KRGH)<br />

KRGH logged $2.95 million in overall F&B income, compared to $3.15 million in<br />

2005.<br />

Areas of improvement included the appointment of an experienced Chef de Cuisine,<br />

James Wang, to manage the western cuisine kitchen and the purchase of new<br />

equipment to enhance backend operations.<br />

A Peranakan Food Heritage promotion was held in November 2006. Helmed by<br />

guest Master Chef Jolly Wee, authentic<br />

Peranakan cuisine was showcased in<br />

Kingfisher Café and The Stamford. The<br />

month-long promotion included a set<br />

lunch and cooking demonstration, a<br />

Tok Panjang buffet and an a la carte<br />

menu. The Peranakan Food Heritage<br />

culminated in the Bibi & Baba Theme<br />

Night on 25 November, featuring a<br />

sumptuous buffet spread, Peranakan<br />

traditional costume fashion parade<br />

and members getting together to<br />

make the longest Nonya popiah in<br />

<strong>NUSS</strong>’ history.<br />

Other successful F&B events<br />

included the annual <strong>NUSS</strong><br />

Karaoke Competition in May that<br />

A Kebaya fashion show


Host GT Lye explains the<br />

correct way to tie a sarong<br />

PG<br />

saw a full-house turnout and the regular<br />

Social Dance Nights at the Ridge Bar.<br />

The latter was launched in collaboration<br />

with the Dance Committee. To better<br />

serve members and to facilitate the dance<br />

nights, the Ridge Bar’s parquet flooring was<br />

upgraded.<br />

Adam Park Guild House (APGH)<br />

The F&B income for APGH was $0.53 million,<br />

higher than last year’s $0.49 million. Ongoing<br />

efforts to improve involved the addition of<br />

new kitchen equipment.<br />

When the highly anticipated World Cup came<br />

around in June 2006, the Sub-Committee<br />

launched a series of month-long promotions in conjunction with the ‘live’ screening<br />

of football matches at the three Guild Houses.<br />

Kicking off the season was the APGH Whisky Party, which coincided with the World<br />

Cup opening match of Germany versus Costa Rica on 9 June. During this period,<br />

APGH extended its operating hours on weekends to allow members to watch latenight<br />

matches at the bar.<br />

The Sub-Committee also ran concurrent promotions like the ‘Predict the Final Score’<br />

contest and offered special prices on Tiger Beer.<br />

Suntec City Guild House (SCGH)<br />

Total food and beverage income for SCGH was $2.94 million, higher than 2005’s<br />

$2.82 million.<br />

Under the mentorship of SCGH’s Executive Chef William Lum,<br />

three junior chefs scooped major awards in the bi-annual<br />

Food & Hotel Asia competition in April 2006. Sanker A L<br />

Krishnamoorthy, Vicky Wong and Steve Yap triumphed with<br />

four medals – a gold, two silvers and a bronze – in various<br />

categories.<br />

With award-winning chefs helming the kitchen, it is little<br />

wonder that SCGH’s The Bistro and The Terrace continue to be<br />

popular dining venues with members.<br />

To keep members spoilt for choice, The Bistro presented themed<br />

promotions alongside its evergreen a la carte menu. It was a<br />

gastronomic world tour for members as<br />

The Bistro served up delectable cuisine<br />

from Australia, Switzerland, Britain and<br />

beyond.<br />

The Terrace’s weekend barbeque buffet<br />

continued to draw crowds, particularly<br />

with the introduction of a two-piece stroller<br />

band that enhanced the already pleasant<br />

ambience. The Terrace has also become<br />

a choice venue for companies looking to<br />

host casual alfresco functions.<br />

Closing the year with a bash, SCGH’s<br />

annual Countdown Party was wellattended<br />

by members and guests.<br />

Dining under the stars at The Terrace<br />

9<br />

SCGH’s Executive Chef William Lum and his winning team<br />

nuss<br />

annual report 2006<br />

APGH’s Chef Sam Yee serves up homestyle dishes


nuss<br />

annual report 2006<br />

Chairperson<br />

Wong Peng Meng<br />

Deputy Chairperson<br />

Oon Tik Lee<br />

Members<br />

June Chan Siew Mei (Ms)<br />

Chan Lawrence<br />

Willy Goh Siah Khian<br />

Mike Ng Kwai Ming<br />

Daniel Ong Chon Tui<br />

New Point-of-Sale System installed<br />

PG<br />

0<br />

Information Technology<br />

Sub-Committee<br />

Information Management System<br />

The Information Management System is being progressively implemented and is<br />

now in its final phase. It is expected to be completed some time in the first half<br />

of 2007. The objectives were to increase productivity, efficiency and effectiveness<br />

within the Secretariat office as well as to increase the level of service to members.<br />

The modules, key features and benefits of the Information Management System are<br />

summarised as follows:<br />

Modules Implemented<br />

Modules Key Features/Processes<br />

Finance<br />

General Ledger / Cash Book<br />

Accounts Receivable<br />

Accounts Payable<br />

Fixed Asset<br />

Membership<br />

Membership & Membership<br />

AR<br />

Report Writer<br />

Import and Export functions<br />

Automatic reversal of journal entries<br />

Automatic un-posting of wrong journal entries<br />

with audit trail<br />

Processing of Accounts Receivable (AR) using<br />

cheque reader and barcode scanner<br />

Support laser printing for Statement of Accounts<br />

(SOA)<br />

Direct amendments of wrong account codes for<br />

purchases in the Accounts Payable module<br />

Automatic deduction of credit notes against<br />

invoices<br />

Electronic Asset List<br />

Automated generation of depreciation value<br />

Alert tool<br />

Query tool<br />

AR enquiry (chit-level)<br />

Automated SOA enquiry via Internet<br />

Membership eServices Updating of members’ information via Internet


Event Management<br />

Booking of Events via Internet<br />

Viewing of Calendar of Events via Internet<br />

Facility Management Booking of Facilities via Internet<br />

Food & Beverage (F&B)<br />

F&B Point of Sale (POS)<br />

Human Resource / Payroll<br />

Modules: Implementation in Progress<br />

Touch screen<br />

Ability to handle magnetic swipe cards<br />

Kitchen printers<br />

Ease of use<br />

Restricted access rights<br />

Alert tool<br />

Query tool<br />

Time Management System and Time Attendance<br />

Devices linking all Guild Houses<br />

Automated overtime calculations<br />

Leave management and electronic leave<br />

application<br />

Modules Key Features/Processes<br />

Operations<br />

Banquet<br />

Equipment Management<br />

Multi-Location Booking<br />

Electronic Quotation and Event Order<br />

Monitoring of warranty expiry<br />

Monitoring of equipment servicing schedule<br />

Feedback Electronic monitoring of feedback<br />

Finance<br />

Purchasing<br />

F&B Cost Control<br />

Inventory<br />

Electronic Requisition/Market List<br />

Electronic Purchase Order<br />

Recipe Costing<br />

Automated Cost Reports and real-time reporting<br />

Linked to F&B POS<br />

Efficient Stock Take<br />

Electronic receipt, issues and transfers of inventory<br />

Tracking of consumption and generation of stock<br />

replenishment report<br />

Moving forward, the system will be capable of handling the expected increase in<br />

membership, events and activities in the foreseeable future.<br />

Benefits To Members<br />

With the implementation of the Information Management System, members are<br />

now able to:<br />

• View Statement of Accounts via Internet<br />

• View details of bills charged at F&B outlets<br />

• Update particulars via Internet<br />

• Book Events via Internet<br />

• Book Facilities via Internet<br />

<strong>NUSS</strong> Website Revamp<br />

Work on revamping the <strong>NUSS</strong> website commenced in late 2006 and is expected to<br />

be completed in 2007. The revamp involves a new design layout as well as a Content<br />

Management System to facilitate the updating of web information in a timely<br />

and efficient manner. The Sub-Committee, together with the Secretariat staff, will<br />

continue to enhance the website with more functions and capabilities to serve our<br />

members better.<br />

PG nuss<br />

annual report 2006


nuss<br />

annual report 2006<br />

Chairperson<br />

Edward S Tay<br />

Deputy Chairpersons<br />

Tong Hsien-Hui<br />

Francis Pavri (Dr) (Senior Circle)<br />

Vincent Rasa Benedict (Young Chapter)<br />

Members<br />

Jeremy Ee Jian Wen<br />

David Ho Peng Cheong<br />

Kang Choon Seng<br />

Joshua V M Kuma (Dr)<br />

James Leow Jin Ghee<br />

Kassandra Lim Mee Liang (Ms)<br />

Mervyn Sek Kok Chuan<br />

William Tan Teng Hoo<br />

11,601<br />

11,982<br />

11,888<br />

11,704<br />

11,999<br />

2002 2003 2004 2005 2006<br />

Membership over the last five years<br />

PG<br />

Membership<br />

Sub-Committee<br />

Membership<br />

It has been a productive and fruitful year for the Membership Sub-Committee,<br />

especially in the area of membership recruitment.<br />

The year 2006 closed on a high note with a gross total of 737 new members,<br />

compared to 277 the previous year. This was mainly attributed to the success of a<br />

membership recruitment campaign launched in the last quarter - The Super Deal.<br />

The Super Deal attracted some 502 new members who received $1,000 worth of<br />

<strong>NUSS</strong> F&B vouchers and $888 worth of other welcome gifts and privileges when<br />

they signed up at the prevailing entrance fee of $2,000.<br />

Existing members also participated enthusiastically in the Member-Get-Member<br />

promotion held in tandem with The Super Deal and recommended up to 90% of<br />

the new members. For their efforts, these existing members were rewarded with<br />

$500 worth of <strong>NUSS</strong> F&B vouchers for each successful sign-up.<br />

Taking a proactive approach to marketing the <strong>NUSS</strong> membership, the Sub-<br />

Committee sought collaborations with external organisations such as the Law<br />

Society, Singapore Dental Association and Agency for Science, Technology and<br />

Research (A*STAR). Besides aiding in recruitment efforts, these collaborations also<br />

increased awareness of the <strong>NUSS</strong> brand in a direct market of potential members.<br />

Membership By Category<br />

Membership Types Year 2006 Year 2005<br />

Ordinary 8,589 8,525<br />

Life Ordinary 272 240<br />

Associate 3,082 2,880<br />

Life Associate 28 27<br />

Senior 15 19<br />

Honorary 6 6<br />

Term 2 6<br />

Term (Senior) 5 1<br />

Total 11,999 11,704


Promoting networking among members<br />

Adding Value<br />

At the General Meeting on 2 March 2006, the members<br />

approved a new category of membership - Corporate<br />

Members. The corporate market represents a potentially<br />

large, less price sensitive and as yet untapped market<br />

for <strong>NUSS</strong>. The introduction of corporate membership<br />

can also further strengthen the Society’s connections<br />

with the local business community.<br />

The year also saw another key change to membership<br />

policy – transferability of the <strong>NUSS</strong> membership at<br />

a transfer fee of $2,000. Angled as a value-added<br />

service, the Sub-Committee is confident that this<br />

move will benefit inactive members.<br />

Lifestyle activities such as social dancing continued<br />

through the year. Targeting the general membership,<br />

the six bi-monthly dinner and dance events that were<br />

organised enjoyed full-house turnouts. A variety of<br />

dance classes were also held to encourage members’<br />

interest in social dancing.<br />

In the year ahead, the Sub-<br />

Committee will work on finetuning<br />

certain membership<br />

policies with the aim of<br />

making <strong>NUSS</strong> a dynamic<br />

society that keeps abreast<br />

of the evolving needs of its<br />

graduate members.<br />

Membership By Discipline<br />

PG nuss<br />

annual report 2006<br />

New members enjoy themselves at the New Members’ Election Night<br />

Membership By Gender<br />

Year 2006 Year 2005<br />

Accountancy 949 863<br />

Architecture 176 165<br />

Arts & Social Sciences 2,571 2,321<br />

<strong>Building</strong> & Estate Management 26 28<br />

Business Administration 2,132 2,122<br />

Dental Surgery 122 120<br />

Engineering 1,665 1,707<br />

Law 808 767<br />

Medicine 421 437<br />

Science 2,746 2,794<br />

Others 383 380<br />

Total 11,999 11,704<br />

Membership By Age Group<br />

Year 2006 Year 2005<br />

Male 8,322 8,095<br />

Female 3,677 3,609<br />

Total 11,999 11,704<br />

Membership Types Year 2006 Year 2005<br />

21-30 738 619<br />

31-40 3,737 3,645<br />

41-50 4,487 4,421<br />

51 & above 3,037 3,019<br />

Total 11,999 11,704


nuss<br />

annual report 2006<br />

Senior Circle<br />

Chairperson<br />

Francis Pavri (Dr)<br />

Deputy Chairperson<br />

Donald Wyatt<br />

Members<br />

Catherine Ang Wai Hoong (Dr)<br />

Harry Chan Keng Howe<br />

Chua Joon Eng (Dr)<br />

Fua Cheng Kin<br />

Rosemary Khoo Ghim Choo (Dr)<br />

Lim Bee Lum (Ms)<br />

Mary Ng Geok Eng (Ms)<br />

Jenny Soh (Ms)<br />

Yip Kum Fei<br />

PG<br />

Senior Circle<br />

The Senior Circle is a grouping of members who are 55 years of age and above.<br />

It initiates and engages in activities of interest and concern to this particular<br />

membership segment and this interest ranges from issues on ageing to lifestyle<br />

social graces.<br />

The Senior Circle Coffee Mornings, held every Tuesday at Kent Ridge Guild House,<br />

continued to be a popular get-together for its members with activities such as social<br />

bridge, short story-writing and Qigong.<br />

In 2007, the Senior Circle intends to organise a Symposium on Positive Ageing and<br />

a guided hike in Scotland.<br />

Activities<br />

Young Chapter Young Chapter<br />

Chairperson<br />

Vincent Rasa Benedict<br />

Members<br />

Chan Lisar (Ms)<br />

Jeremy Ee Jian Wen<br />

Henry Liew Kok Keong<br />

Loke Sai Yin<br />

Mervyn Sek Kok Chuan<br />

Tong Hsien-Hui<br />

n Visit to Bollywood Organic Farm & Khai Seng Fish Farm (27 July)<br />

n Senior Circle 10 th Anniversary Celebration Dinner (25 August)<br />

n Historical Chinatown Guided Tour (27 October)<br />

n Senior Circle Coffee Mornings (every Tuesday @ KRGH)<br />

The Young Chapter was established as a special interest group to cater to the needs<br />

of members aged 35 years and below through events and activities, providing them<br />

with ample networking opportunities.<br />

Serving as the Society’s designated channel and platform for the study and<br />

dissemination of information on undergraduate and youth issues, the Young<br />

Chapter represents <strong>NUSS</strong> in its dealings with the NUS undergraduate population.<br />

To welcome fresh graduates to the alumni family, the annual <strong>NUSS</strong> New Alumni<br />

Dinner was held on 22 July 2006 at Suntec City Guild House. Gracing the event<br />

was Mr Lee Tzu-Yang, Chairman of Shell Companies in Singapore. Approximately<br />

100 new graduates and faculty staff attended the dinner alongside numerous<br />

industry leaders who were invited to share their experiences with the fresh<br />

graduates.<br />

During the period of the Commencement ceremonies leading up to the New Alumni<br />

Dinner 2006, close to 50 fresh graduates took up the <strong>NUSS</strong> membership.<br />

As a close working partner of the NUS Students’ Union (<strong>NUSS</strong>U), the Young Chapter<br />

supported <strong>NUSS</strong>U at its annual Appreciation Dinner on 13 October 2006. This<br />

strategic collaboration increased the awareness of <strong>NUSS</strong> among the graduating<br />

and undergraduate <strong>NUSS</strong>U members.


Chairperson<br />

Wong Peng Meng<br />

Deputy Chairperson<br />

Mohan Balagopal<br />

Members<br />

Daniel Ong Chon Tui<br />

Evelyn Quek Mui Gek (Ms)<br />

Karen Ralls-Tan Hui Yang (Ms)<br />

Tan Chung Lee (Ms)<br />

Tan Oi Peng (Ms)<br />

Publication<br />

Sub-Committee<br />

PG nuss<br />

annual report 2006<br />

The Publication Sub-Committee oversees the Society’s bi-monthly magazine,<br />

The Graduate and is directly and actively involved in determining the editorial<br />

direction and visual presentation of the magazine. It is the duty of the Sub-<br />

Committee to ensure that the production of The Graduate is cost-effective while<br />

remaining relevant to members.<br />

Ever mindful that The Graduate is an all-rounded information resource for members,<br />

the Sub-Committee strives to balance its contents on three levels – Society-related<br />

news, intellectual and analytical articles as well as lifestyle and leisure features.<br />

<strong>NUSS</strong> News<br />

The February/March 2006 issue of The Graduate captured the official launch of the<br />

<strong>NUSS</strong> commemorative book, True Passion: <strong>NUSS</strong> Fifty Years and On, as its cover story. In<br />

the June/July issue, a double feature on the Alumni Complex was published – a report<br />

on the Groundbreaking Ceremony in May 2006, alongside a preview of the upcoming<br />

Alumni Complex.<br />

In commendation of the <strong>NUSS</strong> members who were honoured with National Day<br />

Awards in 2006, the November/December issue of The Graduate interviewed four of<br />

the recipients for an insight into their contributions to nation building.<br />

Staying Current<br />

The Graduate discussed the significance of Singapore hosting the annual meetings of<br />

the International Monetary Fund and World Bank in September 2006, and analysed<br />

the key issues raised in ‘Banking on the Bottom Line’, the cover story of the November/<br />

December 2006 issue.<br />

Lifestyle<br />

The globetrotting series, ‘Your World’, took members from the romantic city of<br />

Florence to the charming town of Siem Reap and the mysterious unknown of ancient<br />

Tibet. The regular ‘Talking Tech’ spread featured the latest electronic gadgets for<br />

work and play. Homebodies benefited from articles tracking the trends in the local<br />

property market, and interior design features with tips to create the dream home.<br />

To renew and revitalise the magazine, the Sub-Committee has worked on several<br />

improvements to be effected with the March/April 2007 issue of The Graduate.<br />

Through the course of the year, the Sub-Committee has also selected a new publishing<br />

house to manage the magazine on the Society’s behalf. The new publishing house is<br />

charged with producing a fresh and vibrant members’ magazine.


nuss<br />

annual report 2006<br />

Chairperson<br />

Francis Pavri (Dr)<br />

Deputy Chairperson<br />

Mohan Balagopal<br />

Members<br />

Michael Fernandez<br />

Maurice Neo Choon Aik<br />

Evelyn Quek Mui Gek (Ms)<br />

Edmund Tan Peng Yew<br />

Andrew Teo Neng Wee<br />

Ernest Wong Thian Yow<br />

Donald Wyatt<br />

Political dialogues draw full-house crowds<br />

Engaging members in topics of national interest<br />

PG<br />

Resource Panel<br />

Sub-Committee<br />

The Resource Panel Sub-Committee promotes a vibrant intellectual graduate Society<br />

by engaging members on national and international issues in accordance with the<br />

Society’s mission.<br />

To this end, the Sub-Committee organised two successful political<br />

dialogue sessions in conjunction with the Singapore General Elections<br />

in April. The first session on 26 April posed the question: “Does Singapore<br />

Have a Choice?” With representatives from most local political parties, a<br />

very lively discussion touching on issues such as political freedom and<br />

the evolving political landscape in Singapore took place.<br />

Shortly after the Singapore General Elections was held, the Sub-<br />

Committee hosted a post mortem dialogue session, again with numerous<br />

party representatives, to discuss and analyse the results of the elections.<br />

As an education and advisory resource for <strong>NUSS</strong>, the Sub-Committee<br />

delves into researching issues relating to the development of NUS<br />

and Singapore and oversees the publication of Commentary to diffuse<br />

informed opinion.<br />

Commentary<br />

First published in 1968, Commentary holds the<br />

distinction of being the oldest academic journal<br />

in Singapore.<br />

In 2006, the Sub-Committee spearheaded<br />

volume 20 of Commentary: The Corporatisation<br />

of Tertiary Education. Under the stewardship of<br />

guest editor Emeritus Professor Edwin Thumboo,<br />

the volume benefited from the contributions of<br />

many local luminaries in relation to the shifting<br />

tertiary education landscape in Singapore. This<br />

volume is expected to be published in 2007.


Chairperson<br />

Siva S Retnam<br />

Deputy Chairpersons<br />

Teo Chin Tuan<br />

Kwek Chok Ming<br />

Members<br />

Steven Cheong Yue Thong<br />

Chong Hoong Sang<br />

Loh Hong Sai (Professor)<br />

Oon Tik Lee<br />

Anthony Teo Hua Wu<br />

alut Convenor<br />

GS Rengarajoo<br />

adminton Convenor<br />

Chua Hock Huat<br />

illiards Convenor<br />

Eric Tan Suan Woi<br />

owling Convenor<br />

Rae Ng Hock Chuan<br />

ridge Convenor<br />

Francis Pavri (Dr)<br />

Darts Convenor<br />

Tan Kek Ann<br />

Floorball Convenor<br />

Loke Sai Yin<br />

Golf Convenor<br />

Eddie Lee<br />

Soccer Convenor<br />

Yap Ning Jee<br />

Squash Convenor<br />

Chua Hwee Woon<br />

Table Tennis Convenor<br />

Wong Hoe Sang<br />

Tennis Convenor<br />

Johnny Quah Seng Huat<br />

Weiqi Convenor<br />

Tony Ooi Yan Tong<br />

Sports and Recreation<br />

Sub-Committee<br />

PG nuss<br />

annual report 2006<br />

The year 2006 was a busy one for the Sports and Recreation (S&R) Sub-Committee.<br />

Aside from hosting and participating in major sporting events like the NUS-<strong>NUSS</strong><br />

Centennial Golf Challenge and annual <strong>NUSS</strong>-PAUM Games, the Sub-Committee also<br />

spearheaded the creation of three new sports sections – Floorball, Table Tennis and<br />

Running Club.<br />

The redevelopment of Kent Ridge Guild House in tandem with the construction<br />

of the Alumni House saw the removal of popular sporting facilities like the tennis<br />

courts and swimming pools. To minimise disruption to members’ enjoyment of these<br />

facilities, the Sub-Committee made alternative arrangements with organisations<br />

in the vicinity, including NUS Sports and Recreation Centre, NUS High School and<br />

Singapore Polytechnic Graduates’ Guild.<br />

Section Fee Paying/ Non-Fee Paying No. of Members<br />

Badminton Non-Fee Paying 60<br />

Balut Non-Fee Paying 27<br />

Billiards Fee-Paying 28<br />

Bowling Fee-Paying 61<br />

Bridge Fee-Paying 39<br />

Darts Non-Fee Paying 14<br />

Floorball Non-Fee Paying 20<br />

Golf Fee Paying 1,001<br />

Running Club Non-Fee Paying 19<br />

Soccer Non-Fee Paying 59<br />

Squash Fee Paying 40<br />

Table Tennis Non-Fee Paying 6<br />

Tennis Fee Paying 193<br />

Weiqi Fee Paying 16<br />

Total 1,583


nuss<br />

annual report 2006<br />

Representatives from participating clubs launching the NUS-<strong>NUSS</strong> Centennial Golf Challenge<br />

Results of the <strong>NUSS</strong>-PAUM Games<br />

Game <strong>NUSS</strong> PAUM<br />

Badminton 4 3<br />

Billiards 2 3<br />

Bowling 8 2<br />

Golf 2 8<br />

Soccer 1 2<br />

Squash 2 3<br />

Table Tennis 2 5<br />

Tennis 2 5<br />

PG<br />

8<br />

The Badminton Section<br />

From left, Mr Yatiman Yusof, Dr Vivian Balakrishnan, Prof Teo Choo Soo and<br />

Mr Kwek Chok Ming toasting the success of the Golf Challenge<br />

NUS-<strong>NUSS</strong> Centennial Golf Challenge<br />

19 February 2006 was a day to remember. More than 1,700 golfers teed off across<br />

14 golf courses in Singapore in the NUS-<strong>NUSS</strong> Centennial Golf Challenge. The event<br />

established the first-ever Guinness World Record for the most number of participants<br />

teeing off simultaneously at a one-day golf event.<br />

A collaborative effort between NUS and <strong>NUSS</strong>, the Centennial Golf Challenge was<br />

organised to commemorate the University’s 100 th anniversary.<br />

In the driver’s seat of the event was Deputy Chairperson of the <strong>NUSS</strong> S&R Sub-<br />

Committee, Mr Kwek Chok Ming, who doubled up as the Chairperson of the Centennial<br />

Golf Challenge Organising Committee. The Sub-Committee rallied support for the<br />

event by encouraging participation from members, actively sought sponsorships and<br />

co-ordinated the logistical arrangements with all the participating clubs.<br />

<strong>NUSS</strong>-PAUM Games<br />

In September 2006, the Sub-Committee gathered 85 participants for the 21 st <strong>NUSS</strong>-<br />

PAUM Games in Kuala Lumpur, Malaysia. The annual Games mark a longstanding<br />

relationship between the Society and the Persatuan Alumni Universiti Malaya (PAUM)<br />

that began in 1984.<br />

Participants contested in eight major sporting events – golf, soccer, squash, badminton,<br />

table tennis, bowling, billiards and tennis. After bouts of keen competition, PAUM<br />

bagged the coveted Challenge Trophy with a final result of six to two.<br />

Badminton<br />

The Badminton section participated in several competitions over the course of the<br />

year, honing their skills in the 2 nd Singapore Swimming Club Interclub League and<br />

Cheers Badminton Tournament. The section also formed a team to take part in the<br />

<strong>NUSS</strong>-PAUM Games in September 2006 and successfully<br />

edged out the competition four to three.<br />

Efforts to recruit more section members continued and<br />

proved quite successful. The section had to start a new<br />

badminton practice session on Wednesday evenings to<br />

cater to the increased demand from its members.<br />

Balut<br />

The Balut section did <strong>NUSS</strong> proud when it brought home<br />

the Interclub Balut Championship 2006 title after a 16year<br />

hiatus. The section hopes the win will be a morale<br />

booster for its members and encourage more members<br />

to take up Balut.


The Interclub Balut Championship 2006<br />

PG<br />

9<br />

In October 2006, the section also<br />

fielded a team to represent <strong>NUSS</strong> at<br />

the 26 th STC Interport Balut in Kudat,<br />

Sabah. The team, comprising Darshan<br />

Singh, Lim Kah Lok, Vincent Rasa<br />

Benedict and GS Rengarajoo, played the<br />

eight-round tournament against 27 other<br />

teams from Singapore and Malaysia.<br />

As the year came to a close, the results of the Balut Ladder – a ranking system based<br />

on the score of the best of ten games – were revealed.<br />

Billiards<br />

Tournaments formed the highlight of the year for the Billiards<br />

section. The <strong>NUSS</strong> Closed Billiards and Snooker Tournament 2006<br />

was conducted over a period of three weeks spanning October<br />

and November, and offered enthusiasts the opportunity to pit<br />

their skills against one another.<br />

The Billiards section also participated in the National Snooker<br />

League in December 2006, competing against six opposing<br />

teams.<br />

Bowling<br />

The Bowling section organised a series of monthly bowling<br />

competitions at various bowling centres, culminating in the<br />

Year-end Bowling Masters Competition held at Westwood Bowl<br />

on 19 November 2006. At the <strong>NUSS</strong>-PAUM Games, a strong<br />

team of eight competitive bowlers led by Chong Hoong Sang<br />

did the Society proud when they bowled over the Malaysian<br />

side with a final score of eight to two.<br />

To foster stronger bonds and greater fellowship amongst <strong>NUSS</strong><br />

bowlers, the section successfully organised and hosted its own<br />

Mixed Trios League at Pocket Bowl on Friday evenings from<br />

17 February to 5 May 2006. A total of 36 avid bowlers in five<br />

teams battled it out with one another in an intense two-round<br />

league of friendly bowling.<br />

Bridge<br />

The Bridge section hosted two major in-house events in 2006<br />

– the Lunar New Year Ang Bao Pairs in February and the <strong>NUSS</strong><br />

Intercollege Bridge Tournament in July. The latter saw teams<br />

from <strong>NUSS</strong> and NUS competing in the Open category as well as<br />

participants from Catholic Junior College, Hwa Chong Institution,<br />

Raffles Junior College and Victoria Junior College competing in<br />

the Junior College category.<br />

The section joined numerous external tournaments such as<br />

the 20 th Interclub Bridge League and Easter Congress, both<br />

organised by the Singapore Contract Bridge Association.<br />

Teams were also fielded to participate in the Chinese<br />

Swimming Club’s Premier Bridge League from March to May<br />

2006.<br />

Darts<br />

In May 2006, the Darts section hosted and won the annual<br />

Darts Triangular against Serangoon Gardens Country Club<br />

and Singapore Cricket Club. Section members also participated<br />

in the Singapore Darts Association League from March to<br />

November and the <strong>NUSS</strong> 8 th Darts Open in November 2006.<br />

Balut Ladder 2006<br />

Ranking Section<br />

Member<br />

nuss<br />

annual report 2006<br />

The <strong>NUSS</strong> Closed Billiards and Snooker Tournament 2006<br />

Event Champion 1 st Runner-Up<br />

Billiards – 4 Ball Edwin Wang Eric Tan<br />

Billiards – 3 Ball Edwin Wang Choo Hock Eng<br />

<strong>NUSS</strong> Snooker Cup Kenneth Lim Eric Tan<br />

<strong>NUSS</strong> Snooker Plate Edwin Wang Choo Hock Eng<br />

Results of the <strong>NUSS</strong> 8 th Darts Open<br />

Champion 1 st Runner-up<br />

Oon Tik Lee Kevin Kwek<br />

Score<br />

1 GS Rengarajoo 6,040<br />

2 Loke Sai Yin 5,986<br />

3 Lim Kah Lok 5,955<br />

4 Para Krishnan 5,935<br />

5 Daniel Chong 5,908<br />

The Bowling Section<br />

The Darts Section


nuss<br />

annual report 2006<br />

Action-packed floorball clinics<br />

Golfers enjoy themselves on and off the course<br />

Soccer 7s<br />

CUP<br />

Champion Communication Agent FC<br />

Land Transport Authority<br />

First Runner-up<br />

Staff Club Team B<br />

Second Runner-up NUS Undertakers<br />

PG<br />

PLATE<br />

Champion <strong>NUSS</strong> Team A<br />

First Runner-up Kowloon Club<br />

0<br />

Floorball<br />

From September to November 2006, the Sub-Committee collaborated with the<br />

Singapore Floorball Association to organise three floorball clinics for members to<br />

get acquainted with the sport. The section now has 20 members and continues to<br />

grow steadily.<br />

Golf<br />

The Golf section was kept extremely busy in 2006 organising its regular monthly<br />

medals, which brought participants from the familiar greens of Singapore, Malaysia<br />

and Indonesia to the scenic courses of Kunming, China. These trips, together with<br />

Golf section highlights like the Ang Pow Golf Game, Golf Annual and AGM Golf<br />

Game enjoyed strong support from participants.<br />

The Golf section also represented the Society at the <strong>NUSS</strong>-PAUM Games in<br />

September 2006.<br />

Without a doubt, the most memorable golf tournament of the year was the<br />

NUS-<strong>NUSS</strong> Centennial Golf Challenge on 19 February 2006. Spearheaded by<br />

the Golf section, this nationwide record-making event succeeded through the<br />

collaborative efforts of NUS and <strong>NUSS</strong> as well as the support of participating golf<br />

clubs and generous sponsors.<br />

In efforts to promote the game, the section organised structured golf lessons<br />

leading to a Proficiency Certificate and complimentary weekly lessons at Bukit<br />

Batok Driving Range and Keppel Club Driving Range.<br />

<strong>NUSS</strong> golfers in Kunming, China<br />

Running Club<br />

Since its inception in September 2006, the Running Club has organised monthly runs<br />

around the Kent Ridge campus for its members. In the pipeline are plans to organise a<br />

mass run for <strong>NUSS</strong> members in early 2007.<br />

Soccer<br />

Soccer section members remained on top of their game with 19<br />

monthly friendlies against various social teams at the St Wilfred<br />

soccer field and The Cage. The section also organised the Soccer<br />

7s tournament.<br />

Squash<br />

The Squash section has a core of active members who meet<br />

regularly on Monday and Thursday evenings for section games.<br />

In 2006, they had two friendly games, one with West Coast<br />

Recreation Club and the other one with NUS. Internally, the<br />

section had an AGM game and a post Christmas game to close<br />

the year.


Table Tennis<br />

The Sub-Committee established the Table Tennis section to cater<br />

to the broader sporting needs of <strong>NUSS</strong> members. Aside from<br />

participating in recreational sessions, section members also<br />

competed in the <strong>NUSS</strong>-PAUM Games.<br />

Tennis<br />

The Tennis section kept a full calendar in 2006 by participating<br />

in external tournaments such as the Interclub Singles League,<br />

Interclub Doubles Knockout and Interclub Doubles League. The<br />

section also played at the Singapore Swimming Club’s 7 th<br />

Invitational Tennis Tournament in February, hosted a friendly<br />

match with Swiss Club in March, played in a friendly match<br />

hosted by Tanglin Club in September and another friendly<br />

at the clay courts of Batu Pahat on the way back from the<br />

<strong>NUSS</strong>-PAUM Games.<br />

In June, to mark the demolition of the tennis courts at Kent Ridge<br />

Guild House, a farewell bash was held (with a tie-break shoot out)<br />

that lasted till midnight.<br />

In addition to participating in external competitions, the<br />

first internal doubles league was held in June for section<br />

members. Notwithstanding the lack of home courts and the<br />

participants having to make their own court arrangements, the<br />

section was able to attract 25 pairs for this inaugural event. All<br />

teams, both men and ladies, were graded into five groups of five<br />

teams each, and competed on a round robin format within their<br />

respective groups over three months.<br />

The winning teams of each group were:<br />

Group 1 Adriano Ortega / Paul Wong<br />

Group 2 Ronny Chew / James Seah<br />

Group 3 William Lai / Winston Ng<br />

Group 4 Chua Li Suan / Iris Chan<br />

Group 5 Margaret Lee / Chi Ching<br />

The <strong>NUSS</strong> Team Tennis 2006 was notably the biggest inhouse<br />

tennis event. Attracting some 56 section members, the<br />

tournament was held at Singapore Polytechnic on 19 November.<br />

Competing on a round robin format, the four teams – Spalding,<br />

Bancroft, Rossignol and Donnay – were closely contested<br />

throughout the tournament and in the final tally, only half a<br />

point separated the winner Team Spalding from first runner-up,<br />

Team Rossignol.<br />

Weiqi<br />

The Weiqi section remained active in 2006, meeting regularly for<br />

section games at KRGH. Efforts to attract more members to the<br />

game of Weiqi are ongoing.<br />

Team Spalding<br />

Team Rossignol<br />

PG nuss<br />

annual report 2006<br />

Results of Team Tennis 2006<br />

Team Score<br />

Champion Spalding 12<br />

1st Runner-up Rossignol 11.5<br />

2nd Runner-up Donnay 11<br />

3rd Runner-up Bancroft 7<br />

Sporting camaraderie


nuss<br />

annual report 2006<br />

<strong>NUSS</strong> family portrait<br />

Nurturing young minds<br />

PG<br />

Welcoming fresh graduates at the New Alumni Dinner<br />

Celebrating with new members


PG nuss<br />

annual report 2006<br />

Growing<br />

Our Numbers


nuss<br />

annual report 2006<br />

PG<br />

Financial Statements<br />

The National University of Singapore Society for the year ended December 00<br />

contents<br />

65 auditors’ report 66 balance sheet 67 income and expenditure account<br />

68 statement of changes in members’ funds 69 cash flow statement 70 notes to the financial statements


Auditors’ report<br />

to the members of The National University of Singapore Society<br />

PG<br />

65<br />

<strong>NUSS</strong><br />

ANNUAl RepoRt 2006<br />

We have audited the accompanying financial statements of The National University of Singapore Society, which comprise the<br />

balance sheet as at 31 December 2006, and the income and expenditure account, statement of changes in members’ funds and<br />

cash flow statement for the year then ended and a summary of significant accounting policies and other explanatory notes.<br />

Management Committee’s Responsibility for the Financial Statements<br />

The Management Committee is responsible for the preparation and fair presentation of these financial statements in accordance<br />

with the Singapore Financial Reporting Standards. This responsibility includes: designing, implementing and maintaining<br />

internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement,<br />

whether due to fraud or error; selecting and applying appropriate accounting policies; and making accounting estimates that<br />

are reasonable in the circumstances.<br />

Auditors’ Responsibility<br />

Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in<br />

accordance with Singapore Standards on Auditing. Those standards require that we comply with ethical requirements and plan<br />

and perform the audit to obtain reasonable assurance whether the financial statements are free from material misstatement.<br />

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial<br />

statements. The procedures selected depend on the auditors’ judgment, including the assessment of the risks of material<br />

misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditors<br />

consider internal control relevant to the entity’s preparation and fair presentation of the financial statements in order to<br />

design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the<br />

effectiveness of the entity’s internal control. An audit also includes evaluating the appropriateness of accounting policies<br />

used and the reasonableness of accounting estimates made by the Management Committee, as well as evaluating the overall<br />

presentation of the financial statements.<br />

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.<br />

Opinion<br />

In our opinion, the financial statements are properly drawn up in accordance with the Singapore Financial Reporting Standards<br />

and so as to give a true and fair view of the state of affairs of the Society as at 31 December 2006 and the results, changes in<br />

members’ funds and cash flows of the Society for the financial year then ended on that date.<br />

Foo Kon Tan Grant Thornton<br />

Certified Public Accountants<br />

Singapore, 1 March 2007


<strong>NUSS</strong><br />

ANNUAl RepoRt 2006<br />

Balance sheet<br />

PG<br />

66<br />

Chandra Mohan K Nair Yee Woon Yim<br />

President Honorary Treasurer<br />

Dated : 1 March 2007<br />

The annexed notes form an integral part of and should be read in conjunction with these financial statements.<br />

31 December 2006 31 December 2005<br />

Note $ $<br />

Assets<br />

Non–Current<br />

Property and equipment 3 10,385,151 10,340,470<br />

Term deposit 4 – 5,000,000<br />

10,385,151 15,340,470<br />

Current<br />

Term deposit 4 5,000,000 –<br />

Inventories, at cost 5 183,041 232,032<br />

Amounts due from members 6 3,021,184 3,047,643<br />

Sundry receivables 7 1,198,192 1,186,678<br />

Cash and cash equivalents 8 23,771,392 22,282,844<br />

33,173,809 26,749,197<br />

Total assets 43,558,960 42,089,667<br />

Members’ Funds<br />

Accumulated Fund 18,309,791 8,464,722<br />

Development Fund 20,811,597 21,539,837<br />

Fixed Assets Fund – 7,956,562<br />

39,121,388 37,961,121<br />

Liabilities<br />

Current<br />

Members’ deposits 1,355,678 1,412,318<br />

Creditors and accruals 9 2,955,653 2,716,228<br />

Provision for tax 126,241 –<br />

4,437,572 4,128,546<br />

Total members’ funds and liabilities 43,558,960 42,089,667


Income and expenditure account<br />

PG<br />

67<br />

The annexed notes form an integral part of and should be read in conjunction with these financial statements.<br />

<strong>NUSS</strong><br />

ANNUAl RepoRt 2006<br />

Year ended Year ended<br />

31 December 2006 31 December 2005<br />

Note $ $<br />

Income<br />

Food and beverage income 6,424,128 6,463,880<br />

Subscriptions 6,096,958 6,219,859<br />

Net members’ entrance fee 10 1,091,632 526,420<br />

Net revenue from fruit machines 2,773,618 2,447,154<br />

Sundry income 11 423,327 453,086<br />

Interest income 686,071 427,047<br />

17,495,734 16,537,446<br />

Expenditure<br />

Food and beverage expenditure (6,929,120) (7,318,836)<br />

Club activities 12 (591,973) (772,836)<br />

Administration and general operating expenditure 12 (8,218,245) (8,443,786)<br />

Impairment on clubhouse building 3 (469,888) –<br />

Surplus of income over expenditure before taxation 1,286,508 1,988<br />

Taxation 13 (126,241) 7,278<br />

Surplus of income over expenditure after<br />

taxation transferred to Accumulated Fund 1,160,267 9,266


<strong>NUSS</strong><br />

ANNUAl RepoRt 2006<br />

PG<br />

68<br />

Statement of changes in members’ funds<br />

Accumulated Development Fixed Property<br />

Fund Fund Assets Maintenance<br />

Fund Fund Total<br />

$ $ $ $ $<br />

Balance at 1 January 2005 7,482,626 20,833,889 9,223,373 411,967 37,951,855<br />

Surplus of income over<br />

expenditure after taxation 9,266 – – – 9,266<br />

Transfer to Development<br />

Fund (Note 14) (705,948) 705,948 – – –<br />

Transfer from Fixed Assets<br />

Fund (Note 15) 1,266,811 – (1,266,811) – –<br />

Transfer from Property<br />

Maintenance Fund 411,967 – – (411,967) –<br />

Balance at 31 December 2005 8,464,722 21,539,837 7,956,562 – 37,961,121<br />

Surplus of income over<br />

expenditure after taxation 1,160,267 – – – 1,160,267<br />

Transfer to Development<br />

Fund (Note 14) 728,240 (728,240) – – –<br />

Transfer from Fixed Assets<br />

Fund (Note 15) 7,956,562 - (7,956,562) – –<br />

Balance at 31 December 2006 18,309,791 20,811,597 – – 39,121,388<br />

The annexed notes form an integral part of and should be read in conjunction with these financial statements.


Cash flow statement<br />

PG<br />

69<br />

The annexed notes form an integral part of and should be read in conjunction with these financial statements.<br />

<strong>NUSS</strong><br />

ANNUAl RepoRt 2006<br />

Year ended Year ended<br />

31 December 2006 31 December 2005<br />

Note $ $<br />

Cash Flows from Operating Activities<br />

Surplus of income over expenditure before taxation 1,286,508 1,988<br />

Adjustments for:<br />

Bad debts written off – members 112,683 –<br />

Loss on disposal of property and equipment – 7,402<br />

Depreciation of property and equipment 1,775,022 1,595,215<br />

Impairment on clubhouse building 469,888 –<br />

Interest income from autosave accounts and<br />

fixed deposits (686,071) (427,047)<br />

Payment to NUS as part of pledge – 156,929<br />

Allowance for doubtful receivables of<br />

members’ account 32,782 175,317<br />

Operating cash flows before working capital changes 2,990,812 1,509,804<br />

Decrease/(increase) in inventories 48,991 (30,916)<br />

(Increase)/decrease in amounts due from members (119,006) 194,960<br />

Decrease/(increase) in sundry receivables 25,567 (106,071)<br />

Decrease in members’ deposits (56,640) (51,472)<br />

Increase/(decrease) in creditors and accruals 370,245 (4,592)<br />

Cash generated from operations 3,259,969 1,511,713<br />

Interest received from autosave accounts and<br />

fixed deposits 173,050 96,412<br />

Income tax paid – (5,341)<br />

Net cash generated from operating activities 3,433,019 1,602,784<br />

Cash Flows from Investing Activities<br />

Proceed from disposal of property and equipment – 4,598<br />

Purchase of property and equipment (2,420,411) (809,008)<br />

Interest received from fixed and term deposits 475,940 294,359<br />

Payment to NUS as part of pledge – (156,929)<br />

Net cash used in investing activities (1,944,471) (666,980)<br />

Cash Flows from Financing Activity<br />

Decrease/(increase) in fixed deposits pledged – (24,000)<br />

Net cash generated from/(used in) financing activity – (24,000)<br />

Net increase in cash and cash equivalents 1,488,548 911,804<br />

Cash and cash equivalents at beginning 22,170,614 21,258,810<br />

Cash and cash equivalents at end 8 23,659,162 22,170,614


<strong>NUSS</strong><br />

ANNUAl RepoRt 2006<br />

PG<br />

70<br />

Notes to the financial statements<br />

1 General information<br />

The financial statements of The National University of Singapore Society for the year ended 31 December 2006 were<br />

authorised for issue in accordance with a resolution of the Management Committee on 1 March 2007.<br />

The Society is registered under the Societies Act and is domiciled in the Republic of Singapore.<br />

The registered office of the Society is located at Kent Ridge Guild House, 9 Kent Ridge Drive, Singapore 119241.<br />

The principal activities of the Society are to provide club facilities and to organise social, recreational and intellectual activities<br />

for its members.<br />

2 Summary of significant accounting policies<br />

Basis of preparation<br />

The financial statements are prepared under the historical cost convention and in accordance with Singapore Financial<br />

Reporting Standards (“FRS”) including related Interpretations promulgated by the Council on Corporate Disclosure and<br />

Governance (“CCDG”).<br />

On 1 January 2006, the Society adopted the new or revised FRS and INT FRS that are mandatory for application on that date.<br />

This includes the following FRS and INT FRS, which are relevant to the Society as a single entity:<br />

FRS 19 (Amendment) Employee Benefits<br />

FRS 21 (Amendment) The Effect of Changes in Foreign Exchange Rates<br />

FRS 32 (Amendment) Financial Instruments: Disclosure and Presentation<br />

FRS 39 (Amendment) Financial Guarantee Contracts<br />

INT FRS 104 Determining whether an Arrangement contains a Lease<br />

The adoption of the above FRS and INT FRS did not result in any significant changes to the Society’s accounting policies.<br />

At the date of authorisation of these financial statements, the following FRSs and INT FRSs were issued but not yet effective:<br />

FRS 1 (Amendment) Amendments Relating to Capital Disclosures<br />

FRS 32 Financial Instruments: Presentation<br />

FRS 40 Investment Property<br />

FRS 107 Financial Instruments: Disclosures<br />

INT FRS 107 Applying the Restatement Approach under FRS 29 Financial Reporting in Hyperinflationary<br />

Economies<br />

INT FRS 108 Scope of FRS 102<br />

INT FRS 109 Reassessment of Embedded Derivatives<br />

INT FRS 110 Interim Financial Reporting and Impairment<br />

The Management Committee does not anticipate that the adoption of these FRSs and INT FRSs in the initial period of<br />

application will have a material impact on the financial statements of the Society.


Notes to the financial statements<br />

2 Summary of significant accounting policies (cont’d)<br />

PG<br />

71<br />

<strong>NUSS</strong><br />

ANNUAl RepoRt 2006<br />

Significant accounting estimates and judgements<br />

The preparation of the financial statements in conformity with FRS requires the use of estimates and assumptions that affect<br />

the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial<br />

statements and the reported amounts of revenues and expenses during the financial year. Although these estimates are<br />

based on management’s best knowledge of current events and actions, actual results may differ from those estimates.<br />

Functional and presentation currency<br />

Items included in the financial statements of the Society are measured using the currency that best reflects the economic<br />

substance of the underlying events and circumstances relevant to the Society (“the functional currency”). The financial<br />

statements of the Society are presented in Singapore dollars, which is also the functional currency of the Society.<br />

Property and equipment and depreciation<br />

Properties and equipment are stated at cost less accumulated depreciation and any impairment losses, with the exception<br />

of assets under construction-in-progress which are stated at cost plus other directly related expenses including interest<br />

expense. The cost of an asset comprises its purchase price and any directly attributable costs of bringing the asset to working<br />

condition for its intended use. Expenditure for additions, improvements and renewals is capitalised and expenditure for<br />

maintenance and repairs is charged to the income and expenditure account. When assets are sold or retired, their cost and<br />

accumulated depreciation are removed from the financial statements and any gains or loss resulting from their disposal is<br />

included in the income and expenditure account.<br />

Dismantlement, removal or restoration costs are included as part of the cost of property, plant and equipment if the<br />

obligation for dismantlement, removal or restoration is incurred as a consequence of acquiring or using the asset. Cost<br />

may also include transfers from equity of any gains/losses on qualifying cash flow hedges of foreign currency purchases<br />

of property, plant and equipment.<br />

Depreciation is calculated on the straight-line method to write off the cost of assets over their estimated useful lives.<br />

The annual rates of depreciation are as follows:<br />

Kent Ridge - old building 3 1 /3% (over original lease period)<br />

Kent Ridge - new building 5% (over remaining lease period)<br />

Suntec City premises 16 2 /3% (over total lease period)<br />

Furniture, fittings and equipment 33 1 /3%<br />

Fruit machines 25%<br />

Kitchen equipment 20%<br />

Office equipment 10%<br />

Computers 33 1 /3%<br />

Motor vehicles 20%<br />

Tools and equipment 20%<br />

Fitness equipment 33 1 /3%<br />

The carrying amounts of property and equipment are reviewed yearly in order to assess whether their carrying amounts need<br />

to be written down to recoverable amounts. Recoverable amount is defined as the higher of value in use and net selling price.


<strong>NUSS</strong><br />

ANNUAl RepoRt 2006<br />

PG<br />

72<br />

Notes to the financial statements<br />

2 Summary of significant accounting policies (cont’d)<br />

Inventories<br />

Inventories, which comprise principally bar and consumable food stocks, are stated at cost. Cost is determined on a first-in<br />

first-out basis.<br />

Financial assets<br />

The Society classifies its financial assets, other than hedging instruments, into the following categories: financial assets at<br />

fair value through profit or loss, held-to-maturity investments, loans and receivables and available-for-sale financial assets.<br />

Financial assets are assigned to the different categories by Management Committee on initial recognition, depending on the<br />

purpose for which the financial assets were acquired. The designation of financial assets is re-evaluated and classification<br />

may be changed at the reporting date. All financial assets are recognised on their trade date – the date on which the<br />

Society commits to purchase or sell the assets. Financial assets are initially recognised at fair value, plus directly attributable<br />

transaction costs except for financial assets at fair value through profit or loss, which are recognised at fair value.<br />

Derecognition of financial instruments occurs when the rights to receive cash flows from the investments expire or are<br />

transferred and substantially all of the risks and rewards of ownership have been transferred. An assessment for impairment<br />

is undertaken at least at each balance sheet date whether or not there is objective evidence that a financial asset or a group<br />

of financial assets is impaired.<br />

Non-compounding interest and other cash flows resulting from holding financial assets are recognised in income and<br />

expenditure account when received, regardless of how the related carrying amount of financial assets is measured.<br />

Held-to-maturity investments<br />

Held-to-maturity investments are non-derivative financial assets with fixed or determinable payments and a fixed date<br />

of maturity that the Society has the positive intent and ability to hold to maturity. Held-to-maturity investments are<br />

subsequently measured at amortised cost using the effective interest method. In addition, if there is objective evidence that<br />

the investment has been impaired, the financial asset is measured at the present value of estimated cash flows. Any changes<br />

to the carrying amount of the investment are recognised in income and expenditure account. Any reversal shall not result in<br />

a carrying amount that exceeds what the amortised cost would have been had any impairment loss not been recognised at<br />

the date the impairment is reversed. Any reversal is recognised in the income and expenditure account.<br />

Loans and receivables<br />

Loans and receivables are non-derivative financial assets with fixed or determinable payments that are not quoted in an<br />

active market. They arise when the Society provides money, goods or services directly to a debtor with no intention of<br />

trading the receivables. They are included in current assets, except for maturities greater than 12 months after the balance<br />

sheet date. These are classified as non-current assets.<br />

Loans and receivables are initially recognised at fair value and subsequently measured at amortised cost using the effective<br />

interest method, less provision for impairment. Any change in their value is recognised in the income and expenditure<br />

account. Any reversal shall not result in a carrying amount that exceeds what the amortised cost would have been had<br />

any impairment loss not been recognised at the date the impairment is reversed. Any reversal is recognised in the income<br />

and expenditure account.


Notes to the financial statements<br />

2 Summary of significant accounting policies (cont’d)<br />

PG<br />

73<br />

<strong>NUSS</strong><br />

ANNUAl RepoRt 2006<br />

Loans and receivables (cont’d)<br />

Receivables are provided against when objective evidence is received that the Society will not be able to collect all amounts<br />

due to it in accordance with the original terms of the receivables. The amount of the write-down is determined as the<br />

difference between the asset’s carrying amount and the present value of estimated future cash flows.<br />

Receivables include amounts due from members and sundry receivables.<br />

Cash and cash equivalents<br />

Cash and cash equivalents comprise cash balances on hand and at bank, and fixed deposits. For the purpose of the cash flow<br />

statement, term deposit from Development Fund is excluded as it represents non-current asset as well as fixed deposits that<br />

are pledged to financial institutions to secure bankers’ guarantee.<br />

Development Fund<br />

The Development Fund is used for the development of the Society including any expenses incurred for any feasibility study<br />

on prospective development projects of the Society. Primarily, entrance fee from members and interest income from fixed and<br />

term deposits and its related income tax charge are transferred to this fund.<br />

Fixed Assets Fund<br />

The Fixed Assets Fund is accumulated from amounts transferred out of the Development Fund for the costs incurred in the<br />

development of its clubhouses and related equipment and debited with depreciation charges.<br />

In 2006, the Management Committee transferred the brought forward amount of $7,956,562 to the Accumulated Fund.<br />

Financial liabilities<br />

The Society’s financial liabilities include bank loans and overdraft and payables.<br />

Financial liabilities are recognised when the Society become a party to the contractual agreements of the instrument. All<br />

interest related charges are recognised as an expense in “finance costs” in the income and expenditure account.<br />

Loans are raised for support of long term development of the Society’s operations. They are recognised initially at fair value of<br />

proceeds received, less attributable transaction costs, if any. Subsequent to initial recognition, loans are stated at amortised<br />

cost which is the initial fair value less any principal repayments. Interest expense, including premiums payable on settlement<br />

or redemption and direct issue costs, are charged to income and expenditure account on an accrual basis using the effective<br />

interest method and are added to the carrying amount of the instrument to the extent that they are not settled in the period<br />

in which they arise.<br />

Payables, which represents consideration for goods and services to be paid in the future, whether or not billed to the Society,<br />

are recognised initially at their fair value and subsequently measured at amortised cost less settlement payments.<br />

Payables include members’ deposits and creditors and accruals.


<strong>NUSS</strong><br />

ANNUAl RepoRt 2006<br />

PG<br />

74<br />

Notes to the financial statements<br />

2 Summary of significant accounting policies (cont’d)<br />

Provisions<br />

Provisions are recognised when the Society has a present obligation (legal or constructive) as a result of a past event, it is<br />

probable that an outflow of resources embodying economic benefits will be required to settle the obligation and a reliable<br />

estimate can be made of the amount of the obligation.<br />

Employee benefits<br />

(i) Defined contribution plan<br />

As required by law, the Society makes contribution to the Central Provident Fund (“CPF”). CPF contribution is<br />

recognised as compensations expense in the same period as the employment that gives rise to the contribution.<br />

(ii) Employee leave entitlements<br />

Employee entitlements to annual leave are recognised when they accrue to employees. Accrual is made for the<br />

unconsumed leave as a result of services rendered by employees up to the balance sheet date.<br />

Impairment of assets<br />

The carrying amounts of the assets subject to impairment are reviewed at each balance sheet date to determine whether<br />

there is any indication of impairment. If any such indication exists, the asset’s recoverable amount is estimated. An<br />

impairment loss is recognised whenever the carrying amount of an asset exceeds its recoverable amount. Recoverable<br />

amount is defined as the higher of value in use and net selling price.<br />

Income recognition<br />

Income is recognised when the significant risks and rewards of ownership have been transferred to the members and the<br />

amount of income and the costs of the transaction can be measured reliably. Income excludes goods and services taxes<br />

and is arrived at after deduction of trade discounts. No income is recognised if there are significant uncertainties regarding<br />

recovery of the consideration due, associated costs or the possible return of subscription fees.<br />

Income from subscriptions and interest on fixed and term deposits are accounted for on a time-apportioned basis.<br />

Income earned from fruit machines are recognised when monies are collected.<br />

The entrance fee is recognised in full in the year in which new members are admitted.<br />

Financial instruments<br />

Financial instruments carried on the balance sheet include cash and cash equivalents, financial assets and financial liabilities.<br />

The particular recognition methods adopted are disclosed in the individual policy statements associated with each item.<br />

Disclosures on the Society’s financial risk management objectives and policies are provided in Note 18.


3 Property and equipment<br />

Furniture,<br />

Clubhouse building<br />

fittings KRGH<br />

Kent Kent Suntec City and Fruit Kitchen Office Motor Tools and Fitness Phase 1<br />

Ridge, old Ridge, new premises equipment machines equipment equipment Computers vehicles equipment equipment in progress Total<br />

$ $ $ $ $ $ $ $ $ $ $ $<br />

Cost<br />

At 1 January 2005 4,412,247 11,125,546 3,430,539 1,949,103 713,393 1,271,113 144,460 630,088 62,362 137,757 167,184 57,435 24,101,227<br />

Additions – – – 59,307 188,098 57,880 1,100 302,354 45,167 – – 155,102 809,008<br />

Disposals – – – (97,113) (145,000) (1,310) – – (62,362) – – – (305,785)<br />

Transfer to/(from) – – (5,108) – – – – 5,108 – – – – –<br />

At 31 December<br />

2005 4,412,247 11,125,546 3,425,431 1,911,297 756,491 1,327,683 145,560 937,550 45,167 137,757 167,184 212,537 24,604,450<br />

Additions – – – 71,474 57,600 15,470 – 225,711 – – – 2,050,156 2,420,411<br />

Costs adjustments – – (130,820) – – – – – – – – – (130,820)<br />

Disposals – – – (4,114) (43,003) – – – – – – – (47,117)<br />

At 31 December<br />

2006 4,412,247 11,125,546 3,294,611 1,978,657 771,088 1,343,153 145,560 1,163,261 45,167 137,757 167,184 2,262,693 26,846,924<br />

Accumulated depreciation and impairment<br />

PG<br />

75<br />

At 1 January 2005 2,936,895 5,258,676 540,519 1,634,812 548,062 987,987 77,834 630,088 62,362 120,252 165,063 – 12,962,550<br />

Depreciation for<br />

the year 147,075 583,991 540,951 124,110 70,912 97,717 9,593 9,506 3,764 5,475 2,121 – 1,595,215<br />

Disposals – – – (97,113) (133,000) (1,310) – – (62,362) – – – (293,785)<br />

At 31 December<br />

2005 3,083,970 5,842,667 1,081,470 1,661,809 485,974 1,084,394 87,427 639,594 3,764 125,727 167,184 – 14,263,980<br />

Depreciation for<br />

the year 147,075 583,992 550,935 133,526 95,881 88,702 9,649 152,013 9,033 4,216 – – 1,775,022<br />

Impairment for the year – 469,888 – – – – – – – – – – 469,888<br />

Disposals – – – (4,114) (43,003) – – – – – – – (47,117)<br />

At 31 December<br />

2006 3,231,045 6,896,547 1,632,405 1,791,221 538,852 1,173,096 97,076 791,607 12,797 129,943 167,184 – 16,461,773<br />

Net book value<br />

<strong>NUSS</strong><br />

ANNUAl RepoRt 2006<br />

At 31 December<br />

2006 1,181,202 4,228,999 1,662,206 187,436 232,236 170,057 48,484 371,654 32,370 7,814 – 2,262,693 10,385,151<br />

At 31 December<br />

2005 1,328,277 5,282,879 2,343,961 249,488 270,517 243,289 58,133 297,956 41,403 12,030 – 212,537 10,340,470<br />

Impairment to the clubhouse building relates to the stage of demolition of clubhouse at year-end in relation to the redevelopment of Kent Ridge Guild House.


<strong>NUSS</strong><br />

ANNUAl RepoRt 2006<br />

PG<br />

76<br />

Notes to the financial statements<br />

4 Term deposit<br />

The term deposit comprises a deposit with DBS Bank for a period of 5 years. The term deposit matures in October 2007 and<br />

the principal amount of $5,000,000 will be returned to the Society. The effective interest rate earned is at 1% (2005 - 2%) per<br />

annum. The carrying amount approximates its amortised cost.<br />

5 Inventories, at cost<br />

2006 2005<br />

$ $<br />

Consumable food 70,047 76,810<br />

Beverage 100,762 126,573<br />

Miscellaneous 12,232 28,649<br />

183,041 232,032<br />

6 Amounts due from members<br />

2006 2005<br />

$ $<br />

Billed receivables 1,872,832 2,084,721<br />

Entrance fee on instalment basis not yet due for billing 1,691,415 1,473,203<br />

3,564,247 3,557,924<br />

Allowance for doubtful receivables (543,063) (510,281)<br />

3,021,184 3,047,643<br />

Analysis of allowance for doubtful receivables:<br />

Balance at beginning 510,281 350,138<br />

Allowance charge to Income and Expenditure account (Note 12) 32,782 175,317<br />

Utilised - (15,174)<br />

Balance at end 543,063 510,281<br />

Amounts due from members are usually due within 30 days and do not bear any interest rate.<br />

The balances are subject to credit risk exposure. The Society does not identify any specific concentrations of credit risk with<br />

regards to the receivables as the balances resemble a large number of receivables from a large number of members.<br />

Billed receivables include sales, subscriptions and portion of entrance fee on instalment basis billed as at year end.


Notes to the financial statements<br />

7 Sundry receivables<br />

PG<br />

77<br />

<strong>NUSS</strong><br />

ANNUAl RepoRt 2006<br />

2006 2005<br />

$ $<br />

Deposits 667,815 705,975<br />

Prepayments 171,670 153,425<br />

Interest receivable 146,484 109,403<br />

Miscellaneous 212,223 217,875<br />

1,198,192 1,186,678<br />

8 Cash and cash equivalents<br />

For the purpose of cash flow statement, the year end cash and cash equivalents balances comprise the following:<br />

2006 2005<br />

$ $<br />

Fixed deposits with financial institutions 20,010,360 16,466,914<br />

Cash and bank balances 3,761,032 5,815,930<br />

23,771,392 22,282,844<br />

Fixed deposits pledged (112,230) (112,230)<br />

23,659,162 22,170,614<br />

The fixed deposits earn interest at the rates ranging from 0.627% to 3.438% (2005 - 0.25% to 2.338%) per annum. The<br />

effective interest rate is 0.75% (2005 - 0.481%) per annum. The maturity terms of fixed deposits are less than a year.<br />

Fixed deposits are pledged to financial institutions to secure banker’s guarantees for the operation of clubhouses.<br />

9 Creditors and accruals<br />

2006 2005<br />

$ $<br />

Trade creditors 629,662 751,627<br />

Other creditors 167,273 165,990<br />

Medical fund 98,627 96,086<br />

Accrued operating expenses 2,060,091 1,702,525<br />

2,955,653 2,716,228<br />

The credit terms granted by suppliers are 30 to 60 days (2005 - 30 to 60 days).


<strong>NUSS</strong><br />

ANNUAl RepoRt 2006<br />

PG<br />

78<br />

Notes to the financial statements<br />

10 Net members’ entrance fee<br />

2006 2005<br />

$ $<br />

Members’ entrance fee 1,589,570 652,280<br />

Members’ credits/vouchers (497,938) (125,860)<br />

1,091,632 526,420<br />

11 Sundry income<br />

2006 2005<br />

$ $<br />

Administration income 40,560 49,778<br />

Coinafon collection 376 145<br />

Course fees 31,531 46,148<br />

Guest/section fees 70,370 86,418<br />

Income from card spending 61,285 54,752<br />

Income from penalty 100 110<br />

Miscellaneous income 102,506 57,259<br />

Net revenue from amusement machines 2,946 2,813<br />

Planet Fitness income 101,512 133,806<br />

Pool/football table income 12,141 21,857<br />

423,327 453,086<br />

12 Club activities, administration and general operating expenditure<br />

2006 2005<br />

Note $ $<br />

Club activities<br />

Community Services 53,714 47,574<br />

Continuing Education (17,044) 7,218<br />

Cultural 38,649 26,503<br />

Publication and IT 236,260 244,839<br />

External Alumni Relations Networking 319 485<br />

House, Food and Beverage 17,184 22,887<br />

Library 11,002 12,433<br />

Membership Services and Relations 105,311 186,458<br />

Resource Panel – 37,071<br />

Senior Circle (2,996) 1,773<br />

Sports and Recreation 148,746 184,564<br />

Young Chapter 828 1,031<br />

591,973 772,836


Notes to the financial statements<br />

PG<br />

79<br />

12 Club activities, administration and general operating expenditure (cont’d)<br />

<strong>NUSS</strong><br />

ANNUAl RepoRt 2006<br />

2006 2005<br />

Note $ $<br />

Administration and general operating expenditure<br />

Advertisement 37,916 17,018<br />

Allowance for doubtful receivables of members’ accounts 6 32,782 175,317<br />

Audit fees 13,800 12,000<br />

Bad debts written off - members 112,683 -<br />

Bank charges 47,064 37,178<br />

Clubhouse rental 661,380 662,416<br />

Computer related services 45,947 48,564<br />

Corporate souvenir items 9,147 850<br />

Depreciation of property and equipment 3 1,775,022 1,595,215<br />

Donations 10,000 271,929<br />

Legal fees 18,076 -<br />

Loss on disposal of property and equipment - 7,402<br />

Insurance premium 48,390 63,191<br />

Laundry 21,965 37,317<br />

Licence fees 27,684 33,407<br />

Meetings and functions 72,358 63,423<br />

Miscellaneous expenses 12,821 9,531<br />

Office maintenance 3,388 3,570<br />

Planet Fitness expenses 101,256 139,708<br />

Printing and stationery 120,841 119,953<br />

Professional fees 56,915 6,535<br />

Property tax 112,400 112,400<br />

Postage 97,434 119,883<br />

Repairs and maintenance 438,004 714,404<br />

Staff salaries, bonus and CPF 3,218,228 2,987,244<br />

Staff welfare and uniform 263,705 261,906<br />

Telecommunication charges 41,938 59,813<br />

Temporary staff salaries 29,184 56,193<br />

Transport and motor expenses 55,074 93,880<br />

Utilities 732,843 733,539<br />

8,218,245 8,443,786


<strong>NUSS</strong><br />

ANNUAl RepoRt 2006<br />

PG<br />

80<br />

Notes to the financial statements<br />

12 Club activities, administration and general operating expenditure (cont’d)<br />

2006 2005<br />

$ $<br />

Staff costs comprise cost relating to:<br />

- Key management personnel 926,037 847,685<br />

- Other personnel 5,547,897 5,378,422<br />

6,473,934 6,226,107<br />

2006 2005<br />

$ $<br />

Included in staff costs are payments to CPF for:<br />

- Key management personnel 224,651 213,004<br />

- Other personnel 1,049,340 978,292<br />

1,273,991 1,191,296<br />

13 Taxation<br />

2006 2005<br />

$ $<br />

Income and expenditure account<br />

Current taxation 80,548 –<br />

Under/(over) provision of current taxation in respect of prior years 45,693 (7,278)<br />

126,241 (7,278)<br />

Under Section 10(1)(d) and (f) of the Income Tax Act, all income of clubs and associations and other similar institutions including<br />

management corporations, other than gross receipts on revenue account to which the 50% rule applies, shall be subjected<br />

to tax, i.e. other sources of income, such as dividends, interest and rents are to be assessed as separate sources under their<br />

respective Sections under the Income Tax Act. In 2006, provision for current tax payable charged against the Development<br />

Fund and income and expenditure account respectively, have been made for total interest received of $648,990.<br />

In 2005, there was no provision for current tax payable for the financial year as the amounts claimed for donations exceeded<br />

the total interest received of $390,771.


Notes to the financial statements<br />

14 Development Fund<br />

PG<br />

81<br />

<strong>NUSS</strong><br />

ANNUAl RepoRt 2006<br />

2006 2005<br />

$ $<br />

Transfer (to)/from Development Fund:<br />

Net members’ entrance fee (Note 10) (1,091,632) (526,420)<br />

Payment to NUS as part of pledge – 156,929<br />

Interest income from fixed and term deposits (501,621) (330,635)<br />

(1,593,253) (700,126)<br />

Transfer from Development fund<br />

Kent Ridge Guild House Redevelopment costs 2,262,693<br />

Current taxation 58,800 –<br />

Overprovision of current taxation in respect of prior years – (5,822)<br />

2,321,493 (5,822)<br />

Transfer from/(to) Accumulated Fund 728,240 (705,948)<br />

15 Fixed Assets Fund<br />

2006 2005<br />

$ $<br />

Transfer from Fixed Assets Fund:<br />

Depreciation of property and equipment – 1,266,811<br />

Transfer* 7,956,562 –<br />

7,956,562 1,266,811<br />

*In 2006, the Management Committee transferred the brought forward amount of $7,956,562 to the Accumulated Fund.<br />

16 Operating leases<br />

At the balance sheet date, the Society was committed to making the following lease rental payments for property and office<br />

equipment under non-cancellable operating leases as follows:<br />

2006 2005<br />

$ $<br />

Not later than one year 542,976 538,200<br />

Later than one year and not later than five years 1,073,400 1,598,698<br />

Later than five years – –<br />

1,616,376 2,136,898<br />

The lease on the property expires in December 2009 with monthly rental payable of $44,115. The leases on the office<br />

equipment expire in January 2008, October 2009 and October 2010 with monthly rental payable of $285, $360 and $488<br />

respectively.


<strong>NUSS</strong><br />

ANNUAl RepoRt 2006<br />

PG<br />

82<br />

Notes to the financial statements<br />

17 Future capital expenditure and commitments<br />

Capital expenditure not provided for in the financial statements but approved:<br />

2006 2005<br />

$ $<br />

Development of new Alumni Complex in consideration of NUS<br />

granting to Society an extension of the current lease for a further<br />

period of 30 years approved in GM dated 21 July 2003 5,000,000 5,000,000<br />

Payment to NUS to-date (307,174) (307,174)<br />

4,692,826 4,692,826<br />

2006 2005<br />

$ $<br />

Capital expenditure for IT systems<br />

approved in GM dated 12 October 2004 600,000 600,000<br />

Capital expenditure to-date (447,997) (258,504)<br />

152,003 341,496<br />

Phase 1 upgrade of KRGH with new facilities to<br />

complement the new Alumni Complex approved<br />

in GM dated 21 July 2003 15,000,000 15,000,000<br />

Capital expenditure to-date (2,262,693) (212,537)<br />

12,737,307 14,787,463<br />

Capital expenditure for KRGH:<br />

- Phase 2 expansion of the KRGH Redevelopment of<br />

a sum not exceeding; and 15,000,000 15,000,000<br />

- a contingency sum for the Phase 1 (previously approved in GM dated<br />

21 July 2003) of the KRGH Redevelopment of a sum not exceeding 2,000,000 2,000,000<br />

approved in GM dated 9 November 2005<br />

Capital expenditure for the purpose of setting up a guild house<br />

at Bukit Timah Campus of a sum not exceeding approved<br />

in GM dated 9 November 2005 2,000,000 2,000,000


Notes to the financial statements<br />

18 Financial risk management objectives and policies<br />

PG<br />

83<br />

<strong>NUSS</strong><br />

ANNUAl RepoRt 2006<br />

The main risks arising from the Society’s financial instruments are credit risk, interest rate risk, foreign currency risk and<br />

liquidity risk. The Society does not use derivative and other instruments in its risk management activities. The Society does<br />

not hold, use or issue derivative financial instruments for trading purposes. The Management Committee reviews and<br />

agrees policies for managing each of these risks and these risks are summarised below:<br />

Credit risk<br />

The carrying amount due from members, other receivables, fixed/term deposits and bank balances represents the Society’s<br />

maximum exposure to credit risk. The Society has no significant concentrations of credit risk. Cash is held with established<br />

and reputable financial institutions.<br />

Cash flow and fair value interest rate risk<br />

The Society’s exposure to market risk for changes in interest rates relates primarily to the Society’s fixed/ term deposits and<br />

bank balances. The Society’s policy is to place surplus funds in fixed/term deposits at favourable interest rates with financial<br />

institutions in Singapore.<br />

Foreign currency risk<br />

The Society’s operational activities are carried out in Singapore Dollars, which is the functional currency. All transactions<br />

are paid for in local currency. There is no exposure to any risk arising from movements in foreign currencies exchange rates<br />

as the company has no transactions in foreign currency.<br />

Liquidity risk<br />

The Society’s liquidity risk is minimal as it maintains sufficient funds to meet its committed liabilities.<br />

19 Financial instruments<br />

Fair value<br />

The carrying amount of financial assets and financial liabilities with a maturity of less than one year approximate their fair<br />

values.<br />

The Society does not anticipate that the carrying amounts recorded at balance sheet date for financial assets with a maturity<br />

of more than one year to be significantly different from the values that would eventually be received.


<strong>NUSS</strong><br />

ANNUAl RepoRt 2006<br />

PG<br />

84<br />

Five-Year<br />

Financial Performance<br />

INCOME<br />

2002 2003 2004 2005 2006<br />

$ $ $ $ $<br />

Food and beverage 6,281,633 5,510,687 6,130,913 6,463,880 6,424,128<br />

Subscriptions 5,434,921 6,042,988 6,249,316 6,219,859 6,096,958<br />

Net members’ entrance fee 842,212 640,215 1,033,881 526,420 1,091,632<br />

Fruit machines 2,328,293 2,291,698 2,476,640 2,447,154 2,773,618<br />

Other income 828,899 584,707 680,029 880,133 1,109,398<br />

TOTAL INCOME 15,715,958 15,070,295 16,570,779 16,537,446 17,495,734<br />

EXPENDITURE<br />

Food and beverage 6,423,173 5,872,761 6,735,823 7,318,836 6,929,120<br />

Club activities 590,035 610,892 959,661 772,836 591,973<br />

Club rental 1,711,638 1,794,380 664,488 662,416 661,380<br />

Depreciation and Assets Write offs 1,489,537 3,620,970 1,705,837 1,595,215 2,244,910<br />

Staff salaries 2,823,453 2,926,552 2,772,915 2,987,244 3,218,228<br />

Repairs and maintenance 838,973 891,329 790,806 714,404 438,004<br />

Utilities 819,329 756,429 667,197 733,539 732,843<br />

Others 1,291,485 1,503,096 1,959,054 1,750,968 1,392,768<br />

TOTAL EXPENDITURE 15,987,623 17,976,409 16,255,781 16,535,458 16,209,226<br />

(Less) / add Income Tax (57,784) (721) (37,447) 7,278 (126,241)<br />

NET SURPLUS / (DEFICIT)<br />

AFTER INCOME TAX (329,449) (2,906,835) 277,551 9,266 1,160,267


<strong>NUSS</strong><br />

Over the years<br />

PG<br />

85<br />

<strong>NUSS</strong><br />

ANNUAl RepoRt 2006<br />

2006 President S R Nathan launches <strong>NUSS</strong>’ 50 th Anniversary Commemorative book, True Passion: 50 Years and On on 16 January. NUS-<strong>NUSS</strong><br />

Centennial Golf Challenge establishes a Guinness World Record for the most number of golfers teeing off simultaneously at a one-day event<br />

on 19 February. Dr Tony Tan officiates the Groundbreaking Ceremony for the Alumni Complex on 8 May 2006. <strong>NUSS</strong> completes Strategic<br />

Planning Exercise.<br />

2005 Prime Minister Lee Hsien Loong delivers the <strong>NUSS</strong> Lecture on 19 March. <strong>NUSS</strong> donates $100,000 to establish a $200,000 <strong>NUSS</strong> bursary fund<br />

for NUS High School.<br />

2004 <strong>NUSS</strong> celebrates its 50 th Anniversary. Pledges $20 million to the Alumni Complex. Prime Minister Goh Chok Tong officiates the opening of<br />

Suntec City Guild House on 6 March.<br />

2003 Closure of Orchard Guild House on 10 December. Soft launch of Suntec City Guild House on 15 December.<br />

2001 <strong>NUSS</strong> completes Strategic Planning Exercise.<br />

2000 Prime Minister Goh Chok Tong delivers the <strong>NUSS</strong> Millennium Lecture on 4 November. Upgrading of Kent Ridge Guild House basement level.<br />

1998 Official opening of Orchard Guild House in November.<br />

1997 Opening of Orchard Guild House at Level 8, Cineleisure Orchard in December. Closure of City Guild House at Amara Hotel.<br />

1995 <strong>NUSS</strong> pledges $1.5million to the Universities Endowment Fund to establish the <strong>NUSS</strong> Professorship to NUS.<br />

1994 Expansion and upgrading of Kent Ridge Guild House.<br />

1992 HE Mr Ali Alatas, Indonesia’s Minister for Foreign Affairs delivers the <strong>NUSS</strong> Lecture on 28 October.<br />

1991 <strong>NUSS</strong> completes Strategic Planning Exercise. BG (Res) George Yeo, Acting Minister for Information and the Arts and Senior Minister of State<br />

for Foreign Affairs delivers the inaugural <strong>NUSS</strong> Lecture on 21 June. Promotes the establishment of Singapore’s first Western opera company,<br />

Lyric Theatre (Singapore) Limited.<br />

1989 <strong>NUSS</strong> pledges $1.6million to the University of Singapore Student Loan Fund, donating $200,000 a year.<br />

1987 Adam Park Guild House opens in March, followed by City Guild House in October.<br />

1984 Kent Ridge Guild House opens, built on land provided by NUS.<br />

1981 USS becomes the National University of Singapore Society (<strong>NUSS</strong>).<br />

1980 Evans Road Guild House burns down. University of Singapore and Nanyang University merges to form the National University of Singapore<br />

(NUS). No longer a Guild of Graduates and representatives are no longer elected to be on the University council.<br />

1978 Joint Campus set up at Bukit Timah to promote closer ties between the two Universities.<br />

1971 USS moves to its second Guild House at 15 Evans Road.<br />

1969 University of Singapore secures site at Kent Ridge for its new campus.<br />

1968 USS launches Commentary to ‘serve as a forum for interesting views on contemporary issues’ and to make up for a ‘lack of suitable media’.<br />

1967 USS launches Student Loan Fund.<br />

1964 USS moves into 5 Dalvey Estate – the first Guild House.<br />

1962 University of Malaya splits. University of Singapore opens. UMS becomes the University of Singapore Society (USS). The Graduate was<br />

published.<br />

1960 UMS operates from ground floor of 7 Cluny Road, premises provided by the University.<br />

1958 UMS operates from a room in the Cultural Centre at Canning Rise.<br />

University of Malaya operates campuses in Singapore and Kuala Lumpur.<br />

1956 Nanyang University opens.<br />

1954 Inaugural meeting of the University of Malaya Society (UMS) held at Oei Tiong Ham Hall, Bukit Timah Campus on 1 July. Present: 44 members.<br />

1950 University of Malaya awards its first degrees.<br />

1949 University of Malaya opens and continues the practice of having representatives of graduates on the Council. The representatives are elected<br />

by the Guild Graduates.<br />

1948 Raffles College Ordinance amended to allow two representatives of graduates on the College Council. The Carr-Saunders Commission<br />

recommends the amalgamation of Raffles College and the College of Medicine to establish the University of Malaya.<br />

1947 The Carr-Saunders Commission on tertiary education comes to Singapore and Malaya. Stamford Club work overtime to argue for full<br />

university status.<br />

1946 Raffles College and King Edward VII College of Medicine re-opens.<br />

1942 Raffles College and King Edward VII College of Medicine closes during the Japanese Occupation.<br />

1936 Inaugural meeting of the Stamford Club, Singapore held at Victoria School. Membership: 30. Stamford Clubs are formed in Malaya as well, at<br />

this time.<br />

1935 Raffles College graduates in Singapore appoint convenors.<br />

1931 The first 28 Raffles College students graduate with Arts or Science diplomas. Eleven of them get together in Singapore and decide to meet regularly.<br />

1929 Raffles College’s official opening.<br />

1928 Raffles College opens.<br />

1921 The Medical School expands and becomes King Edward VII College of Medicine.<br />

1912 The institution’s name is changed to King Edward VII Medical School.<br />

1910 The first seven students graduate with the Licentiate in Medicine and Surgery.<br />

1905 Straits Settlements and Federal Malay States Government Medical School opens.


the national university of singapore society<br />

Kent riDge guilD house<br />

9 Kent ridge Drive<br />

singapore 119241<br />

tel: 6779 1811<br />

suntec city guilD house<br />

3 temasek Boulevard<br />

#05-001 suntec city Mall<br />

singapore 038983<br />

tel: 6887 3801<br />

aDaM parK guilD house<br />

7 adam park<br />

singapore 289926<br />

tel: 6467 4711<br />

email secretariat@nuss.org.sg<br />

visit us at www.nuss.org.sg

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