FORMATION OF THE CO-OPERATIVE UNION
(SASCO LTD) IN 1933

SASCO LTD, then known as “The Singapore Urban Co-operative Union Ltd” was established on 16 Nov 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.

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 Co-operative 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 Co-operative movement in Singapore.

SASCO LTD is affiliated to Singapore National Co-operative Federation Ltd” (SNCF).