Dear members,
First of all, I would like to welcome Junda back from Australia, though it's not the best experience he could have but nontheless, he is back in one piece.
Next, let me introduce to you our new club policy. With effect from 1st nov 2008, every winner of the tof session will have to contribute 40% of his winnings to the club fund and for any member that has a profit less than $1, all his winnings will go to the fund. The fund will only be reviewed at the end of a 6-months league season. At the end of the season, a semi-annual general meeting (SAGM) will be held to discuss the usage of the fund. Of course, if there are special occasions when club fund is needed, special permission will be given to open the Club Bank (CB), but only with VERBAL AGREEMENT from all 4 board members. This new policy is agreed upon by the 4 board members and CB was sealed in the presence of all. Anyone accessing the CB without aquiring the permission of all 4 board members will be serverely penalised. The club reserved the rights to pursuit legal action against offenders.
Official CB Safe-keeper : Xu Jin Rui (Sxxxxxxxx)
Official Club Fund Accountant: Goh Jun Da (Sxxxxxxxx)
Official Legitimate Adviser: Chen Huabin (Sxxxxxxxx)
Official Witness: Chen Dihua (Sxxxxxxxx)
Yours you'llneverwalkaloney,
Chen Dihua
Chairperson
IIIBUWAN CLUB
This is the first contribution after season opening game
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