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INDEPENDENT AUDITOR’S REPORT
to the members of Old Chang Kee Ltd.
Opinion
In our opinion, the consolidated fnancial statements of the Group and the balance sheet and statement of changes in equity of the Company are
properly drawn up in accordance with the provisions of the Act and Singapore Financial Reporting Standards so as to give a true and fair view of
the state of affairs of the Group and of the Company as at 31 March 2014 and the results, changes in equity and cash fows of the Group and the
changes in equity of the Company for the year ended on that date.
Report on Other Legal and Regulatory Requirements
In our opinion, the accounting and other records required by the Act to be kept by the Company and by those subsidiary companies incorporated
in Singapore of which we are the auditors have been properly kept in accordance with the provisions of the Act.
Ernst & Young LLP
Public Accountants and
Chartered Accountants
Singapore
23 June 2014
49
Annual Report 2014 •