Join Us
What are the types and benefits of membership?
There are 3 types of membership –Ordinary, Associate and Institutional membership.
Ordinary and Associate membership are open to any person residing in Singapore or who has a Singapore residential address and who is at least 40 years of age. A proposer and seconder who are current members are needed to confirm membership.
Payment for membership may be paid by cheque or bank transfer make payable to
Silver Horizon Travel Co-Operative Ltd
OCBC account 641-444-799-001 or through PAYNOW to UEN No. T12CS0001H
Ordinary and Associate membership are open to any person residing in Singapore or who has a Singapore residential address and who is at least 40 years of age. A proposer and seconder who are current members are needed to confirm membership.
Payment for membership may be paid by cheque or bank transfer make payable to
Silver Horizon Travel Co-Operative Ltd
OCBC account 641-444-799-001 or through PAYNOW to UEN No. T12CS0001H
Ordinary Membership
- Pay Entrance fee of $80 (wef 1st April 2023)
- Subscribe 20 shares of Co-operative $50 per share, equivalent to $1,000 (refundable on resignation after 2 years subject to By-Law 4.11)
- Enjoy travel privileges as accorded to members
- Participate in dividend distribution, if any
- Participate in bonus issue, if any
- Exercise 1 vote irrespective of number of shares held
- Participate at general meeting any other meetings as called
- Stand for election to hold office in Executive Committee
Associate membership
- Pay Entrance fee of $80 (wef 1st April 2023)
- Subscribe 1 share of Co-operative $50 per share
(refundable on resignation after 2 years
subject to By-Law 4.11) - Enjoy travel privileges as accorded to members
- Participate in dividend distribution, if any
Institutional Membership
- Open to trade unions and other Co-operatives
- Share subscription is capped at 20% of paid up capital of Co-operative
- Participate in dividend distribution, if any
- Participate in bonus issue, if any
- Appoint 1 delegate to exercise 1 vote irrespective of number of shares held
- Delegate participate at general meeting and any other meetings as called
- Delegate stand for election to hold office in Executive Committ
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?
Print out an Application Form available in the website “Member form”, complete the form and send to SH mailing office with the cheque.
How do I make payment?
When will membership cease?
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, 2 months after completion of the audited accounts.
