UOBKH/AR09 [web] - ChartNexus

22
Report Of The Directors
The directors present their report together with the audited consolidated financial statements of the Group and the statement of financial
position and statement of changes in equity of the Company for the financial year ended 31 December 2009.
1 DIRECTORS
The directors of the Company in office at the date of this report are:
Wee Ee-chao
Tang Wee Loke
Walter Tung Tau Chyr
Neo Chin Sang
Henry Tay Yun Chwan
Chelva Retnam Rajah
Roland Knecht
Esmond Choo Liong Gee
Francis Lee Chin Yong
2 ARRANGEMENTS TO ENABLE DIRECTORS TO ACQUIRE BENEFITS BY MEANS OF THE ACQUISITION OF SHARES AND
DEBENTURES
Neither at the end of the financial year nor at any time during the financial year did there subsist any arrangement whose object is to enable the
directors to acquire benefits by means of the acquisition of shares or debentures in the Company or any other body corporate.
3 DIRECTORS’ INTERESTS IN SHARES AND DEBENTURES
The directors of the Company holding office at the end of the financial year had no interests in the share capital and debentures of the
Company and related corporations as recorded in the register of directors’ shareholdings kept by the Company under Section 164 of the
Singapore Companies Act except as follows:
Shareholdings registered Shareholdings in which directors
in name of director are deemed to have an interest
Name of directors and company At At At At
in which interests are held beginning of year end of year beginning of year end of year
The Company
(Ordinary shares)
Wee Ee-chao – – 122,937,976 143,289,976
Tang Wee Loke 29,893,381 29,893,381 2,100,000 2,100,000
Walter Tung Tau Chyr 2,542,422 2,542,422 – –
By virtue of Section 7 of the Singapore Companies Act, Wee Ee-chao is deemed to have an interest in the Company and in all the
subsidiaries of the Company.
The directors’ interest in the ordinary shares of the Company as at 21 January 2010 were the same as at 31 December 2009.
4 DIRECTORS’ RECEIPT AND ENTITLEMENT TO CONTRACTUAL BENEFITS
During the financial year, the Company and certain subsidiaries have engaged in transactions in the normal course of business with the
directors, related corporations and companies in which certain directors have substantial financial interests. However, the directors have
not received nor will they become entitled to receive any benefits arising out of these transactions other than those which they may be
entitled to as customers, employees or shareholders of these companies.
Since the beginning of the financial year, no director has received or become entitled to receive a benefit which is required to be
disclosed under Section 201(8) of the Singapore Companies Act, by reason of a contract made by the Company or a related corporation
with the director or with a firm of which he is a member, or with a Company in which he has a substantial financial interest except for
salaries, bonuses, fees and other benefits as disclosed in the financial statements. Certain directors received remuneration from related
corporations in their capacities as directors and/or executives of those related corporations.