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FAQ

Frequently Asked Questions (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 Permanent Residents 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.

    Ordinary Membership
    1. Pay entrance fee of $80
    2. Subscribe 20 shares at $50 per share, equivalent to $1,000 (refundable on resignation after 2 years subject to By-Law 4.9)
    3. Enjoy travel privileges as accorded to members
    4. Participate in dividend distribution, if any
    5. Participate in bonus issue, if any
    6. Participate at general meetings and any other meetings as called
    7. Exercise 1 vote irrespective of number of shares held
    8. Stand for election to hold office in Executive Committee
    9. Be co-opted to hold office in Executive Committee

    Associate membership
    1. Pay entrance fee of $80
    2. Subscribe 1 share at $50 per share (refundable on resignation after 2 years subject to By-Law 4.9)
    3. Enjoy travel privileges as accorded to members
    4. Participate in dividend distribution, if any

    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 can participate at general meeting and any other meetings as called
    7. Delegate can stand for election to hold office in Executive Committee
    8. Delegate can be co-opted to hold office in Executive Committee

    Every member, on admission, may obtain a copy of the By-Laws of the Co-operative upon request.

  • How do I apply to be a member?

    1. Go to item marked as "Membership" on the website where there are 3 types of membership available
    a) Ordinary
    b) Associate
    c) Institutional
    Click the link for an online Application form and choose the relevant membership.

  • How do I make payment?

    If payment is by internet bank transfer, please credit the respective amount to OCBC Bank a/c: 641-444-799-001. You can also use your bank mobile app "PAYNOW" to pay by entering UEN No. T12CS0001H. Please indicate your name in the transaction reference and contact Mr Victor Seow (Whatsapp mobile: 81682086; email: enquiry@silverhorizontravel.com) with details of your transaction.

    If payment is by cheque, please make cheque payable to: Silver Horizon Travel Co-operative Ltd. Do also write our account no (641-444-799-001) at the back of the cheque and drop the cheque off into any OCBC Quick Cheque Deposit box.
    Contact Mr Victor Seow
    Whatsapp mobile: 81682086
    email: enquiry@silverhorizontravel.com
    With details of your bank, cheque no and date of deposit.

  • When will membership cease?

    By any of the following:
    1. By resignation subject to By-law 4.9
    2. Permanent removal of residence from Singapore
    3. Expulsion subject to By-Law 4.10
    4. 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?

    We welcome any relatives and friends of yours to join in the travel programmes but do note that they can only participate at non-member prices. You can encourage them to join as members to enjoy the many benefits.

  • Besides the travel programmes, what other activities are available?

    We will also organize pre and post travel activities, members’ gatherings 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
    c/o Victor Seow
    178 Paya Lebar Road #04-10 Singapore 409030
    enquiry@silverhorizontravel.com
    Contact us at – enquiry@silverhorizontravel.com

Silver Horizon Travel Coop is a co-operative, a social enterprise formed by seniors for fellow seniors. The founding members, from various walks of life, bravely joined in to start this co-operative.

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Contacts

  • For correspondence and delivery only, c/o Victor Seow
    178 Paya Lebar Road #04-10 Singapore 409030
  • enquiry@silverhorizontravel.com

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