Constitution of SHEDA Sarawak Housing and Real Estate Developers’ Association

Preamble

We, the members of SHEDA Sarawak Housing and Real Estate Developers’ Association, united in our commitment to advancing the interests of the housing and real estate sector in Sarawak, do hereby adopt this Constitution to guide the operations and activities of the Association. This Constitution provides the foundation for promoting best practices, fostering collaboration, and ensuring the development of sustainable and innovative housing solutions within the region.

Article I: Name and Objectives

Section 1: Name

The name of association shall be the SHEDA Sarawak Housing and Real Estate Developers’ Association, hereinafter referred to as “SHEDA,”

Section 2: Objectives

The objectives of SHEDA are to:

• Promote the growth and development of the real estate and housing sectors in Sarawak.
• Encourage the adoption of best practices, transparency, and ethical standards in housing development.
• Represent and protect the interests of developers, property owners, and related stakeholders.
• Foster cooperation and collaboration among developers, government agencies, financial institutions, and other industry players.
• Advocate for policies and initiatives that enhance the sustainability, affordability, and accessibility of housing in Sarawak.

Article II: Membership

Section 1: Eligibility

Membership shall be open to all individuals and organisations engaged in housing development, property management, real estate investment, and related activities within Sarawak.

Section 2: Categories of Membership

The Association shall have the following categories of membership:

• Full Members: Developers and real estate business actively engaged in the housing sector.
• Associate Members: Individuals or organisations providing services or products related to the real estate sector.
• Honorary Members: Distinguished individuals or entities who have contributed to the growth of the real estate industry.

Section 3: Rights and Responsibilities

Members are entitled to:

• Participate in all meetings, events, and initiatives organised by SHEDA.
• Receive information and updates an industry developments, policies, and opportunities.
• Access networking platforms for collaboration and partnership.

Members are responsible for:

• Upholding the values and objectives of SHEDA.
• Abiding by the Code of Conduct set by the Association.
• Contributing to the success and growth of the Association.

Article III: Governance

Section 1: General Assembly

The General Assembly shall be the supreme body of SHEDA, consisting of all members in good standing. It shall meet at least once a year to discuss and approve the policies, budgets, and major decisions affecting the Association.

Section 2: Executive Committee

The Executive Committee shall be elected by the General Assembly and will oversee the day-to-day operations of SHEDA. It will be responsible for implementing the decisions made by the General Assembly and ensuring the Association’s objectives are achieved.

Section 3: Office Bearers

The key office bearers of SHEDA shall include:

• President
• Vice-President
• Secretary
• Treasurer
• Committee Members (as necessary)

Office bearers will serve terms as defined by the General Assembly.

Article IV: Code of Conduct

All members of SHEDA are expected to adhere to a high standard of professionalism and ethical conduct.
This includes:

• Conducting business transparently and honestly.
• Complying with relevant laws, regulations, and industry standards.
• Promoting diversity, inclusivity, and sustainability in all housing projects.
• Ensuring the safety, quality, and integrity of real estate developments.

Article V: Amendments

Any amendments to this Constitution may be proposed by the Executive Committee or by a petition signed by at least one-third of the full members. Proposed amendments must be approved by a two-thirds majority vote at the General Assembly.

Article VI: Dissolution

In the event of dissolution, the assets of SHEDA shall be distributed according to the decision of the General Assembly, subject to applicable laws and regulations.