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Newsletter

Dear Members and Friends,

The Annual General Meeting (AGM) held on 8 December 2024 was adjourned due to a quorum not being present. According to the GYT Constitution, the meeting shall be adjourned in the following month (30 days). We urge and encourage more members to participate in the coming adjourned AGM.If you are not familiar with the meeting venue, please gather at the Elizabeth St exit at Central Station at 8:30am and our volunteers will direct you to the venue.

Adjourned AGM - Notice of Meeting

Date: Sunday 19 January 2025.
Time: 9:00am (Registration), 10:00am (Meeting)

Location: New South Wales Teachers Federation, Auditorium 37 Reservoir St, Surry Hills NSW 2010 Members Allowance: All members are welcomed, each participating member will receive a $30 gift voucher
Agenda:

1.       Approval of Minutes of AGM on 28 April 2024 (copy of minutes already posted to members & uploaded on websites)

2.       Approval of 2024 Financial Report (already posted to members & uploaded to website, included 15 minutes of Q&A)

3.       President’s Report

4.       Appointment of Accountant, Auditors and Solicitors

5.       Casting, Counting of Votes and Announce Results: Constitution Amendments

 If you cannot attend in person and would like to appoint a proxy, please fill in and sign the enclosed proxy form (white colour). Then return and register with the GYT office on or before 6 January 2025.

Please note that the proxies already registered for the AGM on 8 December 2024 are still valid. Only new proxy needs to be registered with GYT.

Special General Meeting

The Board of Directors would like to convene a Special General Meeting (SGM) after the above adjourned AGM to consider and pass a special resolution to amend Rule 26. (2) of the Constitution. It is proposed to replace “twenty percent (20%)” by “ten percent (10%)”. Such that the amended Rule 26. (2) should read as follows:

“A minimum of ten percent (10%) of members on the membership register present in person (being members entitled under these rules to vote at a general meeting), shall constitute a quorum for transaction of business of a general meeting.”

 The reason for this proposed amendment is that we have an aging problem with our membership, over half of our members are seniors, and they are not active in our activities (due to old age, health or mobilities). In recent years we have experienced low number of attendances in our AGM that resulted in adjournment of meetings. To organise an AGM would cost us over $10,000 for venue & catering. In order to avoid wasting money and time in adjourned meetings, this amendment is necessary. We have 807 members registered and a quorum of 20% would be 162. If we calculate the quorum without the seniors, it will be 807/2 x 20% = 81. This is just equivalent to 807 x 10% =81.

 If you cannot attend in person and would like to appoint a proxy, please fill in and sign the enclosed proxy form (yellow colour). Then return and register with the GYT office on or before 6 January 2025.

 GYT constitution requires us to hold the AGM within six months after the financial year end. Otherwise, ASIC will impose heavy penalty.

 Members have responsibilities and obligations to participate in AGM and support GYT activities. If a member did not participate in General Meeting consecutively for three (3) times without a valid reason in writing, GYT would suspend the member’s benefits temporary.

 Lunar New Year DinnerThe celebration of the 2025 Lunar New Year, Tribute to Elders & HSC Scholarship Award dinner will be held on Sunday 9 February 2025, at The EIGHTH Restaurant (Market City) commencing at 7 pm (6pm registration). Members are all cordially invited. All attendees will receive a gift pack on the day and senior members will receive a red packet as well. There will be lucky draw for all attendees. Attendees will also enjoy plenty of fabulous entertainment including the lion dancing.

 The delicious menu includes Suckling Pig, King Prawn with Snow Peas and Pine Nuts, Braised Oysters Fatchoy, Chicken and Herb Soup, Lobster with Ginger & Shallots, Mushrooms with Abalone, Steamed Groper, Free Range Chicken, Sticky Rice, Stewed E-Fu Noodle, Red Bean Soup, Seasonal Fruits and Cake.

 Tickets to the dinner will be available from 13 January 2025 to 27 January 2025. During this period, tickets will be sold at the Goon Yee Tong office, Monday to Friday from 10 am to 4 pm. Please be aware that tickets may be sold out before the closing date and the office will not be open on weekends. Tickets are $60 per person for members and $120 for non-members. Members must present their membership card to purchase up to one more ticket (for non-member). Eligible senior members over the age of 70 are entitled to collect one free ticket by presenting their senior membership card at the office during the ticket sale. Senior members are also entitled to buy one more ticket at full price of $120 for non-member to accompany them if they wish.

 To protect members’ benefits, tickets are for members own use (except non-members or those accompany seniors), which are non-transferable. All members must present their membership cards to be admitted to the dinner. If a member is not available to attend the dinner after buying the ticket, it can be returned to the office by 27 January 2025 to have a full refund. Eligible members holding free tickets who cannot attend must return their tickets to the office by 27 January 2025 as well, otherwise there will be a fee charge of $60 and may also lose their eligibility for Senior Members’ benefits. Returned tickets will then be resold to other members. We are sorry for any inconvenience caused by this ticketing arrangements. However, it will minimize members’ disappointment from missing the opportunity of attending this wonderful event.

                                                  Christmas and New Year Closure

GYT office will be closed from 23 December 2024 to 3 January 2025

GYT office will be reopened from 6 January 2025 (Monday to Friday 10am to 4pm)

The year 2024 is just around the corner. We would like to wish all our members and friends all the best in health, happiness and a prosperous New Year.

 Goon Yee Tong Limited

President, Justin Chan

18 December 2024


UPCOMING EVENTS


2025 Event Schedule

9 February 2025

Lunar New Year (Year of the Rabbit)

Cancelled due to the ongoing COVID-19 pandemic

13 April 2025

Ching Ming Festival Tributes

The President and Directors will attend the Ching Ming Festival worship service. Members are welcome to attend.

30 September 2025

Mid-Autumn (Moon) Festival

Details TBC. Members are welcome to attend

2 November 2025

Chung Yeung Festival Tributes

The President and Directors will attend the Chung Yeung Festival worship service. Members are welcome to attend.

30 November 2025

Annual General Meeting (AGM)

Members attend AGM in person

2024 Event Schedule

28 April 2024 10am

2023 Annual General Meeting (AGM)

Members attend AGM in person .

Cancelled

Lunar New Year (Year of the Dragon)

Cancelled due to financial pressure & it is hard to find a new venue.

14 April 2024

Ching Ming Festival Tributes

The President and Directors will attend the Ching Ming Festival worship service. Members are welcome to attend.

10 September 2024

Mid-Autumn (Moon) Festival

Details please refer to the latest newsletter.

20 Septemberber 2024

Australian Museum Tour

A visit to the Australian Museum is the perfect day out for families, kids and young people. All members are welcomed to attend. Details please refer to the latest newsletter.

29 September 2024

Symposium

Meet the board of directors to strengthen communication. All members are welcomed to attend. Details please refer to the latest newsletter.

6 October 2024

Farm Cruise and Pearl Grading Tour

Discover the untold story of the Australian Pearl. Details please refer to the latest newsletter.

20 October 2024

Chung Yeung Festival Tributes

The President and Directors will attend the Chung Yeung Festival worship service. Members are welcome to attend. Details please refer to the latest newsletter.

8 December 2024 10am (Adjourned to 19 January 2025)

2024 Annual General Meeting (AGM)

Members attend AGM in person .