TMCC’s 40th Annual General Meeting (AGM) was convened on Friday, 28 April 2023, at the Garden Banquet Room. The meeting began at 6:30pm with 52 Principal Members and 3 spouses in attendance, thus achieving a quorum. Following a two-year virtual AGM that entails voting in absentia during the Covid-19 pandemic, the AGM was held in-person this year.
President’s Opening Address
A year ago, the General Committee had set forth their objectives for the Club to maintain and enhance its status as a premium golf club, maintain a healthy financial position, and be an environmental, social and governance (ESG) champion overtime.
The Club continues to achieve a healthy balance sheet and P&L which is critical to maintaining the financial sustainability of the Club. FY2022 ended with a modest operating surplus of approximately S$500K, amidst a period of higher expenses, attributed by inflation, wage increases (due to government’s undated progressive wage model), and higher energy cost.
It is the Club’s mission to continue to balance the budget and to mitigate cost pressure, while being cognizant that its service standards cannot be compromised.
Sustainability efforts have been initiated. One of the initiatives is solar power, replacing some fossil fuel energy with solar panels at the Tampines course and its viability at the Garden course is currently being reviewed as well. Solar panels can help to save electricity cost by about 50%.
Management has initiated other ESG efforts such as less paper and plastic usages and harnessing technological applications moving towards digitalization.
TMCC successfully hosted 3 premium Golf Tournaments in the last financial year; Hana Financial Group Singapore Women’s Open, The International Series Singapore and The Singapore International. Players and their entourage experienced the Club’s impeccable course condition and the clubhouse facilities at the Tampines location. These tournaments will continue to enhance the Club’s value and status as a premium golf club in the market.
TMCC golf courses at Garden and Tampines are our pride and joy and greatest assets. Apart from traditional maintenance for the courses to be in pristine playing condition, various projects were introduced to heighten the overall golfing experience, such as the floral and fauna enhancement and bunkering designs.
It is an absolute honour and privilege to serve all the Members. The encouragement we have received, reminded me of what a brilliant Club TMCC is, and I thank you for your valuable feedback and friendship.
I would also like to thank the General Committee’s constant attention to details and hard work. A special appreciation to the Chairman, Deputy Chairman and Honorary Senior Advisor for their continued support, encouragement and advise. I would also like to give due recognition for the Management team’s unwavering dedication and hard work for the Club.
With the quorum met, I shall call the 40th AGM to order.
AGM Proceedings
At the AGM, three resolutions on the agenda – confirmation of minutes of the last AGM 2021, receival of annual report and accounts for financial year and re- appointment of Deloitte &
Touche as external auditors were duly passed by Members with an overwhelming majority of votes.
The Question and Answer (QnA) segment at the AGM turned out to be a pleasant affair as Members’ interest was evident. Relevant questions were raised, and constructive answers were provided promptly.
Mr Chris Chen (C46), a long-time Member for more than 40 years, started things off by raising two suggestions. The first suggestion is to revamp the F&B menu at the Golfers’ Terrace and Garden View Restaurant, considering that the menu items have not been refreshed for a very long time. He also opined that the Club should also explore new facilities catered for younger Members.
In response, Club President thank the Member for their comments and emphasized that the Club will continue to focus to improve the clubhouse for the benefit of all members. F&B Convenor, Mr Benny Tay added that the F&B menus are undergoing revamp and will be launch in due course.
Member Mr Eddy Goh (G1322) expressed his delight that the new F&B menus will be launched soon. He shared that the quality of food from the Club’s golfers’ terraces is lacking and requires more attention to maintain food quality consistency. He also cited that the introduction of new food recommendations such as Tomahawk steak are good initiatives, but the timing to which the dish is made available is very limited for members to have the opportunity to enjoy the delicacy. He ended his query by commending the
F&B crew for their consistently outstanding service delivery.
The General Committee thanked the Member for his suggestions and will provide a response in due time. The F&B Committee will also assess the current operating hours of the dining outlets and balance out the opportunity cost for internal decision making.
On issues pertaining to golf course maintenance, Member Mr Eric Ng (N2411) pointed out that the chipping green at the Garden Course has no sand refilling bucket for Members to repair the divots. He also cited that the bunker sand at Hole 8 of Garden Course is washed out and will require restoration for optimal playability. He added that the road barriers erected to prevents buggies from entering are built too low which creates a safety hazard that can cause Members to trip and fall. Member suggested raising the height of the ropes or provide a wider walking distance.
In response, Club Captain Dr Goh Hoon Pur assured that the Greens Committee is mindful of these issues and will consider the suggestions for improvement where feasible.
As the QnA segment draws to a close, President Ong made his ending remark and shared that the Club would continue to improve and maintain the Club’s premier status in the coming year, amidst the challenging economic situation, while striving to maintain financial viability and stainability.
On behalf of the General Committee, President Ong thanked all Members for attending the AGM and concluded the meeting at 6:50pm.