40
LHN Limited Annual Report
Directors
’
Statement
for the financial year ended 30 September 2015
The directors submit this annual report to the members of the Company together with the audited
consolidated financial statements of the Group and statement of financial position of the Company for
the financial year ended 30 September 2015
.
Opinion of the directors
In the opinion of the directors
,
(a) the financial statements are drawn up so as to give a true and fair view of the financial position of
the Company and of the Group as at 30 September 2015 and of the financial performance
,
changes
in equity and cash flows of the Group for the financial year ended on that date in accordance with the
provisions of the Singapore Companies Act
,
Chapter 50 and Singapore Financial Reporting Standards
;
and
(b) at the date of this statement
,
there are reasonable grounds to believe that the Company will be able
to pay its debts as and when they fall due
.
The Board of Directors has
,
on the date of this statement
,
authorised these financial statements for issue
.
Names of directors
The directors of the Company in office at the date of this report are as follows
:
Lim Lung Tieng (Executive Chairman and Group Managing Director) (Appointed on 10
.
07
.
2014)
Lim Bee Choo (Executive Director and Group Deputy Managing Director) (Appointed on 10
.
07
.
2014)
Lee Gee Aik (Lead Independent Director) (Appointed on 10
.
03
.
2015)
Ch
’
ng Li-Ling (Independent Director) (Appointed on 10
.
03
.
2015)
Yong Chee Hiong (Independent Director) (Appointed on 10
.
03
.
2015)
Arrangements to enable directors to acquire shares or debentures
During and at the end of the financial year
,
neither the Company nor any of its subsidiaries was a party to
any arrangement of which the object was to enable the directors to acquire benefits through the acquisition
of shares in or debentures of the Company or of any other corporate body
.
Directors
’
interest in shares or debentures
According to the Register of Directors
’
Shareholdings kept by the Company under Section 164 of the Companies
Act
,
Cap
.
50
,
none of the directors who held 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
Name of director
As at
10
.
07
.
2014
(date of
incorporation)
or date of
appointment
,
if later
As at
30
.
9
.
2015 and
21
.
10
.
2015
#
As at
10
.
07
.
2014
(date of
incorporation)
or date of
appointment
,
if later
As at
30
.
9
.
2015 and
21
.
10
.
2015
#
The Company –
LHN Limited
Number of ordinary shares
Lim Lung Tieng
–
–
1
275
,
000
,
000
Lim Bee Choo
–
–
1
275
,
000
,
000
Immediate holding company –
Hean Nerng Group Pte
.
Ltd
.
Lim Lung Tieng
30
,
000
30
,
000
–
–
Lim Bee Choo
60
,
000
60
,
000
–
–
