A N N U A L R E P O R T 2 0 1 6
56
DIRECTORS¡¯
STATEMENT
The Directors are pleased to present their statement to the members together with the audited consolidated financial statements of Old Chang Kee
Ltd. (the
¡°Company¡±
) and its subsidiaries (collectively, the
¡°Group¡±
) and the balance sheet and statement of changes in equity of the Company for
the financial year ended 31 March 2016 (
¡°FY2016¡±
).
1.
Opinion of the Directors
In the opinion of the Directors,
(a)
the accompanying balance sheets, consolidated statement of comprehensive income, statements of changes in equity, and
consolidated cash flow statement together with the notes thereto are drawn up so as to give a true and fair view of the financial
position of the Group and of the Company as at 31 March 2016 and of the financial performance of the business, changes in equity
and cash flows of the Group and the changes in equity of the Company for the year ended on that date; 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.
2.
Directors
The Directors of the Company in office at the date of this statement are:
Mr Han Keen Juan
Mr Lim Tao-E William
Ms Chow Hui Shien
Mr Ong Chin Lin
Ms Audrey Yap Su Ming
Mr Zainudin Bin Nordin (Appointed on 28 July 2015)
3.
Arrangements to enable Directors to acquire shares and debentures
Except as described in this statement, neither at the end of nor at any time during FY2016 was the Company a party to any arrangement
whose objects are, or one of whose objects is, to enable the Directors of the Company to acquire benefits by means of the acquisition of
shares or debentures of the Company or any other body corporate.
