41
Directors
’
Statement
for the financial year ended 30 September 2015
By virtue of the provisions of Section 7 of the Singapore Companies Act
,
Cap
.
50
,
Lim Lung Tieng and
Lim Bee Choo are deemed to have an interest in the whole of the issued share capital of all the wholly-owned
subsidiaries of the Company
,
and in the shares held by the Company in the following subsidiaries that are
not wholly-owned by the Group
.
As at
10
.
07
.
2014
(date of
incorporation)
or date of
appointment
,
if later
As at
30
.
9
.
2015
Number of ordinary shares
LHN Management Services Pte
.
Ltd
.
12
,
750
12
,
750
HLA Holdings Pte
.
Ltd
.
–
429
,
408
HLA Container Services Pte
.
Ltd
.
480
,
000
480
,
000
PT
.
Hean Nerng Group
2
,
970
2
,
970
PT
.
Hub Hijau Serviced Offices
3
,
500
3
,
500
HLA Holdings (Thailand) Limited
–
23
,
040
HLA Container Services (Thailand) Limited
–
34
,
790
# There are no changes to the above shareholdings as at 21 October 2015
.
Directors
’
benefits
Since the date of incorporation
,
no director has received or has become entitled to receive a benefit under a
contract which is required to be disclosed under Section 201(8) of the Companies Act
,
Cap
.
50 except for salaries
,
bonuses and fees and those benefits that are disclosed in Notes 25 and 35 to the financial statements
.
Share options
No options to take up unissued shares of the Company or any subsidiaries have been granted during the financial
year
.
No shares were issued during the financial year to which this report relates by virtue of the exercise of options
to take up unissued shares of the Company or any subsidiaries
.
There were no unissued shares of the Company or any subsidiaries under option at the end of the financial year
.
Audit Committee
The Audit Committee at the end of the financial year comprises the following members
:
Lee Gee Aik (Chairman)
Ch
’
ng Li-Ling
Yong Chee Hiong
All members of the Audit Committee are non-executive directors and all members are independent
.
The Audit Committee performs the functions set out in Section 201B(5) of the Companies Act
,
Cap
.
50
,
the SGX
Listing Manual and the Code of Corporate Governance
.
In performing those functions
,
the Committee reviewed
the following
:
(i) overall scope of both the internal and external audits and the assistance given by the Company
’
s officers
to the auditors
.
It met with the Company
’
s internal and external auditors to discuss the results of their
respective examinations and their evaluation of the Company
’
s system of internal accounting controls
;
