President S R Nathan, the guest of honor for the event, said in his message: "Increasingly a growing number of companies want to do more than just business in the community where they operate. Recognizing that they are a part of the community they operate in, and realizing that a healthy community ultimately begets a healthy bottomline, these companies are also channeling efforts towards community projects.
"I hope more companies will follow the example set by Siemens and join their ranks in making such contributions to society."
This is the fourth year that Siemens is participating in the President's Challenge and the second that a charity golf event is organized to raise funds. Siemens hopes to achieve the two-pronged objectives of the Challenge to give and care for the less fortunate.
"Corporate Citizenship is an integral part of our operations and we believe in striking the right balance between business interest and community involvement for sustainable growth. Our involvement in the President's Challenge has also set the stage for us to involve our colleagues in giving and caring for the needy," said Hans-Dieter Bott, Managing Director of Siemens Pte Ltd.
A Double Peoria format of play was adopted for the golf event where golfers play their normal golf and record the gross score for each hole. Six blind holes: one par 3, one par 4 and one par 5 from each nine are selected. The scoring system excludes these six selected holes and uses the remaining 12 holes to compute the golfer's handicap using a fixed formula. The system then uses the computed handicap to compute the golfer's nett for all 18 holes and the winner is the player with the best nett, using the standard count back. Best gross for the Siemens event was 78 and the winner for the best gross also netted the prize for nearest to pin at 120 centimeters from the pin.
About Siemens Pte Ltd
Siemens Pte Ltd is the representative company of Siemens AG in Singapore whose business activities cover the fields of communications, automation and drives, building technologies, industrial solutions and services, power generation, power transmission and distribution, medical solutions and transportation systems.
About Siemens Singapore
With eight companies employing some 2,000 people, Siemens Group of Companies in Singapore is one of the largest German companies in Singapore. Siemens delivers state-of-the-art solutions and technologies in the fields of information and communications, automation and control, power, healthcare, transportation and lighting. Globally and in Singapore, Siemens staff is dedicated to providing a full range of services, which include engineering, design, software development, marketing and maintenance as well as manufacturing.
For further information about Siemens Group of Companies in Singapore, please visit www.siemens.com.sg.
Disclaimer
Any statements in this document that are not historical facts are forward-looking statements that involve risks and uncertainties; actual results may differ from the forward-looking statements. Siemens undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.