26^th January, 2022

Dear Secret Valley Golf Club Member,

On behalf of management and shareholders, a warm thank you to all members who attended and for your participation in the 2022 Secret Valley Golf Club AGM last Saturday, 22nd January.

Summary minutes of AGM:

2021 Captain’s Report (Graham Highet)

·                     A comprehensive summary of his year as Captain was provided by Graham, followed by a vote of appreciation from those members attending to both Graham and his 2021 Committee for their efforts over the year and for the many improvements they introduced on behalf of members.

·                     Captain and his Committee raised circa 20,000 Euro for Captains selected charity PASYKAF, Cyprus Association for Cancer Patients and Friends

2021 Treasurer’s Report (Andrew Baillie)

·                     Andrew presented the 2021 club accounts which were approved by members attending

·                     Any member who did not attend the AGM and wish to review the accounts, please contact either Graham or Andrew directly

2022 Committee:

·                     Your 2022 Committee member candidate names were put to those attending and approved in their positions unanimously as follows:

Captain:  Sandy McNicol

Vice-Captain: Willie El Fakir

Treasurer: Krill Lyushinskey

Ladies Representative: Katrin Koring

Compsec: Jamie Evans

IT Rep: Andy Richardson

Knockouts and Club Matches: keith Ioakim

·                     It was noted by GM how much time and effort is required on a voluntary basis to undertake the role of a committee member, and management requests that all members assist your Committee members whenever and however possible.

2022 Captains Introduction and Planned Agenda:

·                     Sandy McNicol, introduced members of his 2002 committee and outlined his general plans including his chosen Captains Charity for 2022 which is the Cyprus Stroke association

·                     All members are invited to meet with Sandy at any time and are urged to support Sandy and his committee with their plans going forward.

SVGR Management Report:

GM presented the following summation:

2021:

·         A challenging year primarily due to Covid-19 uncertainties and supply chain issues.

·         All members and staff were thanked for their compliance with Covid-19 protocols and constraints.

·         SVGR awarded for the second consecutive year “Best Golf Resort in Cyprus”

·         Adam Collinson joined our management team as Director of Golf

2022:

·         Covid-19 protocol constraints expected to continue for some time (shower usage etc)

·         Additional staff are to be first aid trained and qualified over coming weeks with notice given to all members as to names and positions of first aid qualified staff

·         Unprecedented elevated inflationary pressures on operating costs have unfortunately necessitated a corresponding increase in membership dues.

·         Apologies for recent downtime in bookings system and inconvenience caused due to server issues but this issue has now been rectified.

·         Shareholders have approved an upgrade in 2022 of change rooms and side balcony- details to be provided as soon as available.

·         A complete upgrade of SVGR web site is expected by end of Q1.

·         Adam Collinson will communicate going forward a number of planned improvements designed to enhance your golfing experience at SVGR

·         Competitions and Handicap Secretary to receive a Renumeration for the hours he spends on SVGR business.

Suggestions From the Floor:

·         Boris Zilbermints presented a number of issues previously discussed with GM, which attendees agreed with unanimously as follows:

 

Operational Issues:

 

Ø    Cleanliness of course toilets improved but on- going

Management Response:  A review of existing cleaning staff has been presented to shareholders for final decision which if approved will greatly improve this issue.

Ø    New Members Induction to SVGR expected golfing etiquette

Management Response: Adam Collinson will meet with Club Committee to establish acceptable protocols and induction meetings

Ø    Children’s Golf Training

Management Response: Adam Collinson will present his 2022 teaching program very soon

Ø    HWH presentation and menu update:

        Management Response:

          Shareholders are reviewing upgrade of the physical facility of the HWH

          Hillar Hunt will be presenting revised and upgrade menus at HWH seasonally

Ø    Respect for golf course greens

Management Response: Adam Collinson and his staff are committed to introducing protocols and enhanced oversite of this issue going forward, including course marshal and starter training and upselling training to golf shop staff. Current staff shortages present a continuing challenge in this regard which is being discussed with shareholders.

Ø    Past Captains Honours Board Presentation and Update

       Management Response: This is being attended to

Ø    Opening and Closing Hours of Golf Shop and Caddy Master Service- uncertain and conflicting advice>

     Management Response: Adam Collinson will confirm and advise both members and guests via web site, direct email to members and notice in golf shop.

      Capex Issues

Ø    Condition of Course Bunkers

Members agreed with Mr. Zilbermints that the current condition of the course bunkers were not generally to the high standard of the rest of our golf course and did not reflect the image SVGR wished to project to would be members and guests.

A motion was put to the floor, carried unanimously that members concern in this regard be formally communicated to shareholders by GM

Management Response:

1.    There are currently 85 bunkers at SVGR

2.    Derek Smith and GM have reviewed all bunkers and prioritised those bunkers most in needed of repair/upgrade (primarily refreshed sand but some new drainage and reshaping required on a number of bunkers due to initial poor construction specs.

3.    Obtaining a reliable and consistent quality of sand has been presenting challenges (supply chain issues)

4.    Management will present an upgrade plan for shareholders consideration.

5.    Members will be advised of shareholder responses asap.

Thank you again to members who attended the AGM and all members are encouraged to communicatee comments suggestions or concerns to management either via your committee or directly as required.

Sincerely

 

Peter Copping

General Manager