54th Annual General Meeting
NP Co-op Annual General Meeting 2025 (12 Sep 2025)
The AGM was preceded by a talk on Heritage Bay - Preserving Culture with a Modern Twist by Miguel Bay, NP Alumni who started a business bridging traditional artisanal crafts with modern designs for today's lifestyles.
[Miguel Bay receiving token of appreciation from Chairman Mr. Neo Tiong Cheng for his engaging presentation on 12 Sep 2025.]
Following the presentation, the Board presented its annual report during the 54th Annual General Meeting conducted on 12 September 2025 at LT58A around 11.30 a.m.
During the AGM, the Chairman of the Board (Mr. Neo Tiong Cheng) thanked the following Board Members for the service for the period 12 September 2024 to the current AGM (12 September 2025) for the following office bearers:
Chairman: Mr. Neo Tiong Cheng
Secretary: Mr. Leow Teck Sim
Treasurer: Mr. Yoong Ee Chuan (Co-opted w.e.f. 2 August 2024)
Ms. Corliss Lin, Mr. Jayaperakash Jayadevan, Mr. Chew Xuan Hui, Mr. Steven Lim, Ms. Angie Phang, Mr. Bernard Giam (co-opted w.e.f. 22 November 2024)
He also thanked the two Co-op Internal Auditors Ms. Lynn Goh and Ms. Chia Pei Lin and our NP Co-op Staff (Mr. Low and Jenny) for their invaluable contributions to the Co-operative for 2024-2025.
The President of NP Co-op (Principal of NP) has appointed the following to Board of the Co-op from 12 September 2025 to the next AGM in 2026. The office bearers were elected by the Board at their first board meeting on 12 September 2025 as follows:
Chairman: Mr. Neo Tiong Cheng
Secretary: Mr. Leow Teck Sim
Treasurer: Mr. Yoong Ee Chuan (co-opted into the Board/COM vide section 6.11 of the By-Laws w.e.f. 12 September 2025)
Ms. Corliss Lin, Mr. Jayaperakash Jayadevan, Mr. Chew Xuan Hui, Ms. Angie Phang, Mr. Bernard Giam.
The number of Co-op members as at 30 August 2025 was 182.
During the year, the Co-op organised or were hosts for the following events for the benefit of Co-op members:
(a) Visit to Ngee Ann Polytechnic Consumer Co-operative Society by Republic Polytechnic and Singapore National Co-operative Federation (7 [pax)
(b) Lunch Time Talk: Engaging Gen Z & Alpha Students with Ego States Analysis on 15 Nov 2025 (40 pax)
(c) Talk on Healthcare Schemes Simplified Preceded by Extra-ordinary Meeting for the Proposed Changes in the By-Laws on 14 May 2025 (62 pax)
(d) Unsung Heroes' Appreciation Day 2025 (200 pax)
The feedback from the events were generally positive and members were able to learn pick up many useful tips from the various events.
The Co-op also donated $5,000 during the financial year to Ngee Ann Polytechnic’s Student Aid Fund. The donations comprised the following:
(a) NP Co-op Student Aid Grant: $5,000 to support 5 academic students meeting Tier 1 Bursary (Government Framework for the Higher Education Community Bursary)
The Co-op achieve an unmodified (clean) opinion on the Co-op’s financial statements for the year ending 31 March 2025.
The Co-op had achieved a revenue of $191.3k (FY 24/25) vs. $242.9k (FY 23/24). This was attributed to a decline in enrolment number of full-time pre-employment training (PET) students. In addition, students on average spent less time on campus due to initiatives such as “Wednesdays without Walls” where there were generally no time-tabled classes on Wednesdays during term time.
Deficit for the financial year was $45.4k compared to the previous year's surplus of $20.5k.
We continue to acknowledge the good work put in by our two long-serving NP Co-op staff, Mr. Low and Mdm. Jenny Koh.
The Committee of Management continues to actively monitor the ongoing business environment and act in a prudent manner to manage the various risks.
On behalf of the COM, the Chairman thanked all members for their steadfast support to the Co-operative. He also expressed sincere appreciation to our stakeholders such as the current Principal/CEO of NP and President of NP Co-op (Mr. Lim Kok Kiang), Deputy Principals, Senior Management of NP, Director and Head of Estate, Eco and Safety Office.
The Chairman also presented a token of appreciation to our outgoing Board Member Mr. Steven Lim for his contributions to NP Co-op and the NP community.
[Mr. Steven Lim receiving the plaque in appreciation of his contributions to NP Co-op and the NP Community from NP Co-op Chairman.]
We look forward to continue to serve members and the wider NP Community for the next term.