notes to the financial statements - Food Empire Holdings Limited

More documents

Recommendations

Info

BOARD OF DIRECTORS THE BUSINESS COLLECTIVE MR TAN WANG CHEOW Executive Chairman Mr Tan has been providing leadership to the Board of Directors since April 2000. Mr Tan is founder of the Group and has been instrumental in guiding the Group’s business, including taking the company public in 2000. As Executive Chairman, Mr Tan is responsible for the achievement of the Group’s long-term goals. His role includes developing new markets, exploring opportunities for acquisitions as well as enhancing in-house production capabilities. A passionate believer in the power of brands, Mr Tan is actively involved in the marketing and branding activities across the Group. He holds a Bachelor of Accountancy from the National University of Singapore. MR SUDEEP NAIR Chief Executive Officer Mr Nair was appointed as CEO in October 2012 and has been a member of the Board as an Executive Director since July 2005. Mr Nair is responsible for the overall oversight of the Group’s day-to-day operations. His responsibilities also include identifying and developing new business opportunities both in and outside of the Group’s core markets. Mr Nair has nearly 20 years of experience in managing the Group’s business in Russia and the CIS countries. MDM TAN GUEK MING Non-Executive Director Mdm Tan was appointed to the Board as a Non-Executive Director in April 2000. Mdm Tan brings both financial and business expertise to the Board having held both executive and non-executive directorships in listed companies with interests in property, hospitality and the food and beverage sectors. She holds a Bachelor of Accountancy Degree (Second Class Honours) from the National University of Singapore and has numerous years of leadership experience in the fields of accounting and auditing. 24
Food Empire Holdings Limited Annual Report 2012 MR HARTONO GUNAWAN Non-Executive Director Mr Gunawan was appointed to the Board as a Non-Executive Director in September 2006. Mr Gunawan brings substantial international business experience and expertise to the Board. Since 1990, he has served as an Executive Director of the Salim Group and sits on the Boards of several companies with the Salim Group with responsibility for setting the overall direction and goals of those companies. Mr Gunawan has spearheaded numerous investment projects in Indonesia, Asia Pacific and Australia and holds principal directorship in the corporate and other business entities overseeing such investments. He graduated from the University of Indonesia in 1979 with an accounting degree (Sariana Ekonomi- Universitas, Indonesia). MR KOH YEW HIAP Non-Executive Director Mr Koh joined the Board as a Non- Executive Director in March 2007. Mr Koh has a distinguished career in business and is the Managing Director of Universal Integrated Corporation Consumer Products Pte Ltd and United Detergent Industries Sdn Bhd. He also sits on the Board of Directors of various companies with the Salim Group. He holds a Bachelor of Arts (Economics) Honours from the University of Manchester. MR LEW SYN PAU Independent Director Mr Lew has served as an Independent Director on the Board since April 2000 and is a member of the Audit Committee. He is currently a Director of Capital Connections Pte Ltd, a financial advisory consultancy firm. He is also a Director of several other Singapore listed companies involved in a range of industries including palm oil, logistics, property and precision machining. His previous positions include Managing Director of NTUC Comfort and General Manager and Senior Country Officer of Credit Agricole Indosuez. Between 2002 and 2006, Mr Lew was the President of the Singapore Manufacturers Federation. He was a Member of the Singapore Parliament from 1988 to 2001, and served as the Chairman of the Government Parliamentary Committees for Education, Finance, Trade & Industry and National Development at different times during the course of his tenure. A Singapore Government scholar, Mr Lew holds a Masters Degree in Engineering from the University of Cambridge, UK and a Masters Degree in Business Administration from Stanford University, USA. 25
Page 1: INVEST MONEY ASSET PRODUCTS WORK IT
Page 4 and 5: INTRODUCTION VOYAGE OF DISCOVERIES
Page 6 and 7: CORPORATE PROFILE EVERYTHING YOU NE
Page 8 and 9: EXECUTIVE CHAIRMAN’S MESSAGE FRON
Page 10 and 11: EXECUTIVE CHAIRMAN’S MESSAGE In N
Page 12 and 13: CEO’S STATEMENT PERSPECTIVE “ I
Page 14 and 15: OPERATIONS REVIEW MAGNIFYING STRENG
Page 16 and 17: OPERATIONS REVIEW Chestnut Run in U
Page 18 and 19: MARKETING ACTIVITIES CREATING BUZZ
Page 20 and 21: MARKETING ACTIVITIES RED SQUARE BIK
Page 22 and 23: GLOBAL PRESENCE COAST TO COAST Russ
Page 24 and 25: NEW PRODUCTS MAKE WAY FOR THESE NEW
Page 28 and 29: BOARD OF DIRECTORS DID YOU KNOW ? M
Page 30 and 31: STAFF CONTRIBUTION EXPLORERS’ TAL
Page 33: Food Empire Holdings Limited Annual
Page 36 and 37: CORPORATE GOVERNANCE (cont’d) A)
Page 38 and 39: CORPORATE GOVERNANCE (cont’d) E)
Page 40 and 41: CORPORATE GOVERNANCE (cont’d) I)
Page 42 and 43: CORPORATE GOVERNANCE (cont’d) L)
Page 44 and 45: CORPORATE GOVERNANCE (cont’d) SUP
Page 46 and 47: DIRECTORS’ REPORT (cont’d) Dire
Page 48 and 49: DIRECTORS’ REPORT (cont’d) Shar
Page 50 and 51: DIRECTORS’ REPORT (cont’d) Audi
Page 52 and 53: INDEPENDENT AUDITOR’S REPORT For
Page 54 and 55: CONSOLIDATED INCOME STATEMENT For t
Page 56 and 57: BALANCE SHEETS As at 31 December 20
Page 58 and 59: STATEMENTS OF CHANGES IN EQUITY For
Page 60 and 61: STATEMENTS OF CHANGES IN EQUITY (co
Page 62 and 63: CONSOLIDATED CASH FLOW STATEMENT (c
Page 64 and 65: NOTES TO THE FINANCIAL STATEMENTS (
Page 76 and 77:
NOTES TO THE FINANCIAL STATEMENTS (
Page 78 and 79:
Page 80 and 81:
Page 82 and 83:
Page 84 and 85:
Page 86 and 87:
Page 88 and 89:
Page 90 and 91:
Page 92 and 93:
Page 94 and 95:
Page 96 and 97:
Page 98 and 99:
Page 100 and 101:
Page 102 and 103:
Page 104 and 105:
Page 106 and 107:
Page 108 and 109:
Page 110 and 111:
Page 112 and 113:
Page 114 and 115:
Page 116 and 117:
Page 118 and 119:
Page 120 and 121:
Page 122 and 123:
Page 124 and 125:
Page 126 and 127:
Page 128 and 129:
Page 130 and 131:
Page 132 and 133:
Page 134 and 135:
Page 136 and 137:
Page 138 and 139:
Page 140 and 141:
Page 142 and 143:
Page 144 and 145:
Page 146 and 147:
SHAREHOLDERS’ INFORMATION (cont
Page 148 and 149:
NOTICE OF ANNUAL GENERAL MEETING NO
Page 150 and 151:
NOTICE OF ANNUAL GENERAL MEETING (c
Page 152 and 153:
150 This page is intentionally left
Page 154:
Notes : 1. Please insert the total
show all

notes to the financial statements - Food Empire Holdings Limited

Create successful ePaper yourself

Delete template?

Save as template?