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FY 2011 Annual Report - Sheng Siong

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In our opinion:<br />

<strong>Sheng</strong> <strong>Siong</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong><br />

Statement by Directors<br />

(a) the financial statements set out on pages 40 to 71 are drawn up so as to give a true and fair view of the state<br />

of affairs of the Group and of the Company as at 31 December <strong>2011</strong> and the results, changes in equity and<br />

cash flows of the Group for the year ended on that date in accordance with the provisions of the Singapore<br />

Companies Act, Chapter 50 and Singapore Financial <strong>Report</strong>ing Standards; and<br />

(b) at the date of this statement, there are reasonable grounds to believe that the Company will be able to pay its<br />

debts as and when they fall due.<br />

The Board of Directors has, on the date of this statement, authorised these financial statements for issue.<br />

On behalf of the Board of Directors<br />

Lim Hock Chee<br />

Director<br />

Lim Hock Eng<br />

Director<br />

30 March 2012<br />

37

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