Building Lifelong Relationships - NUSS

nuss
annual report 2006
5.39 Mr Mohan invited Mr Tong to conclude the presentation for the resolutions.
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5.40 Mr Tong commented that he would be brief as Mr Cheong had already dealt with the core of the transferability issue. He
added that transferability would convert the NUSS membership into an asset which could be traded. On the transfer fee
quantum, he said that it could be reviewed and changed in future subject to the approval of the House.
The objective of the second resolution on Corporate Members was to increase the membership base and to make
membership more attractive. Resolutions One and Four were drafted based on feedback from undergraduates.
He concluded that in the long-term interest of NUSS, he would urge all members to seriously consider and vote for all the
four resolutions.
5.41 Mr Chua Meng Seng (Mr Chua) (CA516K) asked whether the club facilities would be adequate if there was a good response
to the membership drive.
5.42 Mr Mohan replied that capacity was not a problem as not all members would use the facilities at the same time. Moreover,
there were three Guild Houses to cater to members’ needs.
5.43 Mr Kwek Chok Wen (Mr Kwek) (K5514G) suggested that new members who joined at $2,000 should not be allowed to trade
their membership within three years of joining to protect the interest of existing members.
5.44 Mr Mohan thanked him for the suggestion and said that it would be considered.
5.45 Mr Mohan requested members to proceed to the back of the Guild Hall to cast their votes. He reminded members to read
the instructions on the ballot forms and to deposit the completed forms into the respective ballot boxes.
6. ANNOUNCEMENT OF VOTING RESULTS
6.1 Mr Mohan announced the results of the voting as follows:
1) Resolution One - A total of 86 members voted and 82.5% voted for the resolution. Resolution carried.
2) Resolution Two - A total of 85 members voted and 83.5% voted for the resolution. Resolution carried.
3) Resolution Three - A total of 84 members voted and 78.5% voted for the resolution. Resolution carried.
4) Resolution Four - A total of 84 members voted and 77.4% voted for the resolution. Resolution carried.
Mr Mohan declared all the four resolutions carried.
6.2 Mr Mohan thanked members for taking pains to debate the issues in addition to contributing suggestions, ideas and
constructive criticisms. He added that the MC would meet and discuss them, conduct a post mortem and come up with
some bold ideas too. Based on the feedback from members, he said that the MC would need to be less conservative in its
approach to promote NUSS to potential members and undergraduates.
He again encouraged all members to try to recruit one new member each.
He also thanked representatives from Foo Kon Tan Grant Thornton who were present to assist in the proceedings as well as
the Secretariat staff who had done a good job in organising the meeting.
There being no other matters, the meeting ended at 9.40 pm.
Lai Kim Seng
Honorary Secretary