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Membership

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The Penang Club, the premier club in Penang has a current membership
of approximately 2300.

A prospective member would need to be duly proposed and seconded by two Ordinary / Ordinary Transferable Members of the Club who must have at least [3] years standing of membership.

1. Ordinary Transferable Membership (OTM)

Ordinary Transferable Membership (OTM) RM 25,000.00
Direct application to the Club’s Office
Transfer Fee (25% of prevailing OTM Entrance Fee) RM 6,250.00

2. Corporate Membership

Corporate Membership RM 32,500.00
Direct application to the Club’s Office
(30% above prevailing OTM Entrance Fee)
Transfer Fee (50% of prevailing Corporate Entrance Fee) RM 16,250.00

3. Associate Membership

Associate Membership RM 2,500.00
(10% of prevailing OTM Entrance Fee)

4. Single Lady Associate

Single Lady Associate RM 6,250.00
(25% of prevailing OTM Entrance Fee)

5. Sons Of Ordinary Members Or Ordinary Transferable Members*

Sons Of Ordinary Members Or Ordinary Transferable Members* RM 6,250.00
Direct application to the Club’s Office
(25% of prevailing OTM Entrance Fee)
Transfer Fee (from father to son) RM 2,500.00
(10% of prevailing OTM Entrance Fee)

6. Daughters Of Ordinary Members Or Ordinary Transferable Members*

Daughters Of Ordinary Members Or Ordinary Transferable Members* RM 2,500.00
Direct application to the Club’s Office
(10% of prevailing OTM Entrance Fee)

*Sons and Daughters of members must be between the ages of 21 and 26 years when applying for direct membership, under clauses 5 & 6. The rates stated above are only applicable to children of members who have been members of the Club for over ten years.

Monthly subscription is RM150.00 + 6% (gov’t tax)


TERM MEMBER

Any person aged 21 years and above and have been proposed and seconded by Ordinary Members/Ordinary Transferable Members may apply to become a Term Member provided that any such application may be approved or rejected by the Committee at its discretion by a simple majority.

The Entrance Fee for a Term Member shall be RM2,000.00 for one year and the Term Membership may be renewed for up to 5 further terms of one year each at the discretion of the Committee and subject to the payment of a Renewal Fee of RM2,000.00 or such other sum as the Committee may decide from time to time for each renewal. A refundable deposit of RM1,500.00 shall be payable together with the Entrance Fee.

The monthly subscription payable by a Term Member shall be the same as that payable by an Ordinary Transferable Member.

Subject to the provisions herein, a Term Member shall be entitled to all the facilities of the Club available to an Ordinary Transferable Member and are to adhere to the  Bye-Laws of the Club except that a Term Member shall have no voice in the management of the Club, shall not be entitled to attend and vote at Annual and Extra-Ordinary General Meeting of the Club or to claim any share of the Property of the Club upon its dissolution.

The Credit Limit available to a Term Member shall be RM1,500.00.

A Term Member shall be eligible to use Affiliated Clubs subject to paying on cash terms only.

A Term Member is not eligible to apply for an ABSENT MEMBER as stated in Rule 27.

REMARK: Application form can be obtainable at the Front Reception. Kindly provide one (1) passport sized photo of applicant and one (1) passport sized of spouse.

For further information and to view the Club, please contact Penang Club at 04 – 2277366.

Monthly subscription is RM150.00 + 6% (gov’t tax)

For more information on Membership, kindly contact The Secretary at 04-2277366.