About Us ...
Formation
SASCO Ltd, then known as “The Singapore Urban Co-operative Union Ltd”, was established on 16 November 1933 by 12 thrift & loan Co-operative Societies to serve as a coordinating body.
Its objectives were to provide for a central organization to facilitate co-ordination, collaboration and dissemination of information amongst the growing number of co-operative societies then.
Transition
On 23 July 1954, its name was changed to the “Singapore Co-operative Union Ltd” and on May 1972, it was changed to the Singapore National Co-operative Union Ltd” (SNCU).
On 26 Feb 1982, the Singapore National Cooperative Federation Ltd” (SNCF) was setup as the apex organization for all Co-operatives societies. Thus the SNCU changed its name to “Singapore Amalgamated Services Co-operative Organisation Ltd” (SASCO Ltd).
SASCO Ltd then decided to change its role and took on community projects that would enhance the image of the members of the Cooperative movement in Singapore. Since then SASCO LTD became an affiliate to Singapore National Co-operative Federation Ltd (SNCF).
Present
SASCO Ltd has taken on multiple community projects from Childcare Centre, Tuition Centre to Multi-Purpose Minimart and is moving forward to develop and evolve in line with their vision and mission. SASCO Ltd continues to extend its support greatly to SASCO Senior Citizens’ Home.
Moving Forward
SASCO Ltd has moved from strength to strength over the years. It is, yet, looking forward to many future projects beyond its current scope. Seven Hills Multi-Purpose Pte Ltd has opened talks to sign an agreement with the Thailand Co-Operative Society and is looking to sign further agreements with more trading partners in Southeast Asia countries.
SASCO’s childcare centres are planning to expand by one other centre in 2014. The multi-purpose minimart is also looking to develop another outlet in the Bukit Batok area in 2014. This is in addition to continuing our initiatives to render social and economic services to the community, similar to Bursary Awards.
VISION MISSION
To be a co-operative leader in providing social & economic services to community To provide affordable community and social development programs and to make a difference in people’s lives.