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FAQ

 

Silver Horizon Travel Co-operative Ltd – who are we? 

 


We are a co-operative, a social enterprise, managed by seniors, for fellow seniors, started since 28 February 2012. Our social mission is to promote active living and learning through customised travel programs for seniors and to use travel as a platform to build friendship and bonding before, during and after the tour through related activities, thus making life more active and meaningful.

 

Who can join us?


All Singaporeans and PR who are aged 40 and above, and who like to travel with other seniors. (Person who has a permanent residential address in Singapore will be considered.)

 

 

What are the types and benefits of membership?


There are 3 types of membership –Ordinary, Associate and Institutional membership.

 

  1. Ordinary Membership

    1. Pay entrance  fee of $50
    2. Subscribe 20 shares at $50 per share, equivalent to $1,000 (refundable on resignation after 2 years subject to By-Law 4.11)
    3. Enjoy travel privileges as accorded to members
    4. Participate in dividend distribution, if any
    5. Participate in bonus issue, if any
    6. Exercise 1 vote irrespective of number of shares held
    7. Participate at general meetings and any other meetings as called
    8. Stand for election to hold office in Executive Committee
  2. Associate membership

      1. Pay entrance fee of $50
      2. Subscribe 1 share at $50 per share
        (refundable on resignation after 2 years subject to By-Law 4.11)
      3. Enjoy travel privileges as accorded to members
      4. Participate in dividend distribution, if any
  3. Institutional Membership

        1. Open to trade unions and other co-operatives
        2. Share subscription is capped at 20% of paid up capital of Co-operative
        3. Participate in dividend distribution, if any
        4. Participate in bonus issue, if any
        5. Appoint 1 delegate to exercise 1 vote irrespective of number of shares held
        6. Delegate participate at general meeting and any other meetings as called
        7. Delegate stand for election to hold office in Executive Committee

 

 

Every member shall, on admission, be provided with a copy of the By-Laws of the Co-operative

 

How do I apply to be a member?

 

    1. Print out an Application Form available in the website “Memberships”, complete the form and send to SH mailing address with the cheque.
    2. Alternatively, you make appt with us to complete the form and make payment

 3. New mailing address: The Octagon, 105 Cecil St, #18-12, S 069534

 

How do I make payment?


By cheque (make payable to Silver Horizon Travel Co-operative Ltd) or CASH ( by person/DO NOT MAIL cash)

 

When will membership cease?


By any of the following:

 

  1. By resignation subject to By-law 4.11
  2. Permanent removal of residence from Singapore
  3. Expulsion subject to By-Law 4.12
  4. Conviction of an offence punishable with imprisonment
  5. Bankruptcy
  6. Insanity
  7. Death

 

Any member who is not liable to the Co-operative and who has been with the Co-operative for 2 years may resign on giving 3 months’ notice of resignation in writing. The share refund will be at nominal value or current book value, whichever is lower, paid 2 months after completion of the audited accounts.

 

 

Can I invite my spouse, siblings or friends to join the travel programmes?


Yes, you can do so, but they will participate at non-member prices. You can encourage them to join as member to enjoy the many benefits.

 

 

Besides the travel programmes, what other activities are available?


We will also organize pre and post travel activities and other caring and wellness events to promote bonding, interaction and foster friendship amongst members.

 

 

What is the official address and contact?

 

Silver Horizon Travel Co-operative Ltd
The Octagon, 105 Cecil St

#18-12 
Singapore 069534 (from 1 Oct 2016)

Contact us at – This email address is being protected from spambots. You need JavaScript enabled to view it.

 

 

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