The SMF Held First Virtual Annual General Meeting 2020

The Singapore Manufacturing Federation (SMF) held its first ever virtual Annual General Meeting (e-AGM) on 16 September 2020.

E-Annual General Meeting 2020

The SMF Office Bearers (from left: Mr Saw Ken Wye (SMF Honorary Treasurer), Dr Bicky Bhangu (SMF Deputy President), Mr Douglas Foo (SMF President), and Mr Ryan Chioh (SMF Honorary Secretary)) helmed the e-AGM with SMF Emeritus President Mr Renny Yeo (extreme right) on the SMF premises.

 

The Director of Corporate & Council Affairs, Mr Nicholas Ngoh welcomed all the members and introduced this year’s e-AGM which was held under the COVID-19 (Temporary Measures) (Alternative Arrangements for Meetings for Registered Societies) Order 2020. 


Mr Ngoh then invited the SMF President Mr Douglas Foo to chair the meeting and address the members in attendance. During his opening address, Mr. Foo shared the current economic outlook of Singapore pertaining to the COVID-19 pandemic and assured the members that the SMF is prepared to stand by them during this tough time. He shared that new initiatives and platforms were created in response to the pandemic to further support SMF members. Some of these include the SMF ACTS microsite and a multichannel communication platform to effectively respond to members’ queries, address appeals to relevant authorities and to disseminate accurate information. The SMF also set up various chat groups, one of which is the SMF HELPS! Telegram chat group which was set up in July this year. It created a robust ecosystem where members do not just receive help from the SMF Secretariat staff, but also from fellow members who may have valuable experiences to share. 


With the current situation, companies have recognized the urgent need for digitalization and upskilling the workforce. The SMF Centre for Corporate Learning (CCL) has been working diligently to meet the needs of the community. Since March this year, there has been a strong uptake in the SMEs Go digital: Digital Project Management Services Programme. During this financial year, the SMF CCL has also launched its “Business re-Modelling Towards Industry 4.0” programme that has assisted members on their digital transformation journey. The SMF has also came up with the first ever digital version of the annual report which can be viewed online here: https://www.smfederation.org.sg/AnnualReports/ 


Not to forget, the SMF is 88 years old this year. The council has decided to celebrate the anniversary by re-affirming the SMF’s solidarity with members. As such, membership fees will be waived for the year 2021 for all existing and new members. The Federation will also be working with Enterprise Singapore to set aside monies under the STEER initiative for the member companies to use to offset the costs of capability building initiatives. 

E-Annual General Meeting 2020

Newly appointed SMF Secretary-General Mr Lawrence Pek addressed the members during the e-AGM.


Mr. Foo ended off his speech by introducing the new Secretary-General Mr. Lawrence Pek to the members. Mr. Pek comes with strong experiences in managing and establishing businesses in Singapore and overseas and the SMF President believes that he will lead the Secretariat to push the Federation to newer heights. 


The next agenda was for members to consider the resolution to adopt the amendments to the Constitution that were proposed by the Council. Members were required to pre-register and submit their proxies for the various resolutions under the agenda for the e-AGM. The votes for each resolution were submitted via proxy to the President as the Chairman of this e-AGM in accordance with the COVID-19 Order 2020. The new constitution was circulated to members prior to the e-AGM, key resolutions include:

  • Confirmation of the Minutes of the 2019 AGM held on 20 September 2019
  • Acceptance of the Annual Report for FY2019/2020
  • Approval of the audited Financial Statements for SMF Group for the year ended 31 March 2020
  • Re-appointment of auditor – Messrs. RSM Chio Lim LLP as auditor for the Federation
  • Adopt the Amendments to Constitution

All resolutions were passed unanimously by the members in attendance.

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