40
DIRECTORS’ REPORT
For the financial year ended 31 December 2014
The directors present their report to the members together with the audited financial statements of the
Group for the financial year ended 31 December 2014 and the balance sheet of the Company as at 31
December 2014.
Directors
The directors of the Company in office at the date of this report are as follows:
Sim Soon Ngee Glenndle
Wong Boon Huat
Sunny Wong Fook Choy
Ho Chew Thim, Raymond
Leow David Ivan
Ng Chee Keong
Arrangements to enable directors to acquire shares or debentures
Neither at the end of nor at any time during the financial year was the Company a party to any
arrangement whose object was to enable the directors of the Company to acquire benefits by means of
the acquisition of shares in, or debentures of, the Company or any other body corporate, other than as
disclosed under “Share options” and “Performance shares” on pages 41 to 42 of this report.
Directors’ interests in shares or debentures
According to the register of directors’ shareholdings, none of the directors holding office at the end of the
financial year had any interest in the shares or debentures of the Company or its related corporations,
except as follows:
Holdings registered in the
name of director or nominee
Holdings in which director is
deemed to have an interest
At 31.12.2014
At 1.1.2014
At 31.12.2014
At 1.1.2014
The Company
(No. of ordinary shares)
Sim Soon Ngee Glenndle
75,600,000
63,000,000
70,734,800
59,109,000
Wong Boon Huat
28,005,306
23,337,755
–
–
Sunny Wong Fook Choy
150,000
125,000
–
–
Ho Chew Thim, Raymond
150,000
125,000
–
–
Leow David Ivan
6,012,000
5,010,000
–
–
The directors’ interests in the ordinary shares of the Company as at 21 January 2015 were the same as
those as at 31 December 2014.
By virtue of Section 7 of the Singapore Companies Act, Sim Soon Ngee Glenndle is deemed to have
interests in the shares of all the subsidiaries at the beginning and end of the financial year.
Directors’ contractual benefits
Since the end of previous financial year, no director has received or become entitled to receive a benefit
by reason of a contract made by the Company or a related corporation with the director or with a firm
of which he is a member or with a company in which he has a substantial financial interest, except as
disclosed in the accompanying financial statements and in this report.
