Full Annual Report 2006 - Singapore Technologies Engineering

More documents

Recommendations

Info

225 CORPORATE INFORMATION BOARD OF DIRECTORS Mr Peter SEAH Lim Huat (Chairman) Mr TAN Pheng Hock (President and CEO) Mr KOH Beng Seng (Director) Lieutenant-General NG Yat Chung (Director) Dr TAN Kim Siew (Director) Professor LUI Pao Chuen (Director) Mr Winston TAN Tien Hin (Director) Mr Lucien WONG Yuen Kuai (Director) Dr Philip Nalliah PILLAI (Director) Mr QUEK Poh Huat (Director) Mr Venkatachalam KRISHNAKUMAR (Director) Brigadier-General Bernard TAN Kok Kiang (Alternate Director to Lieutenant-General NG Yat Chung) COMPANY SECRETARY Mrs CHUA Su Li REGISTERED OFFICE 51 Cuppage Road #09-08 StarHub Centre Singapore 229469 Tel : (65) 6722 1818 Fax : (65) 6720 2293 http : //www.stengg.com SHARE REGISTRAR M & C Services Private Limited 138 Robinson Road #17-00 The Corporate Office Singapore 068906 AUDITORS Ernst & Young One Raffles Quay North Tower, Level 18 Singapore 048583 Mr TAN Wee Khim (Partner-in-charge) (Date of Appointment: 01/07/2005) PRINCIPAL BANKERS Calyon 168 Robinson Road #22-01 Capital Tower Singapore 068912 Citibank N.A. 3 Temasek Avenue #17-00 Centennial Towers Singapore 039190 The Development Bank of Singapore Ltd 6 Shenton Way DBS Building Tower One Singapore 068809 Oversea-Chinese Banking Corporation Limited 65 Chulia Street #10-00 OCBC Centre Singapore 049513 United Overseas Bank Limited 80 Raffles Place UOB Plaza 1 Singapore 048624
SINGAPORE TECHNOLOGIES ENGINEERING LTD (INCORPORATED IN THE REPUBLIC OF SINGAPORE) (Regn No: 199706274H) 235 Notice of Tenth Annual General Meeting NOTICE IS HEREBY GIVEN THAT the Tenth Annual General Meeting of the Company will be held at Crystal Suite, Level 2, Holiday Inn Park View Singapore, 11 Cavenagh Road, Singapore 229616 on Wednesday, 25 April 2007 at 2.30 p.m. to transact the following business: AS ORDINARY BUSINESS Resolution 1 To receive and adopt the Directors’ Report and Audited Accounts for the year ended 31 December 2006 and the Auditors’ Report thereon. Resolution 2 To declare a first and final tax exempt (one-tier) dividend of 4.0 cents per share and a special tax exempt (one-tier) dividend of 11.11 cents per share for the year ended 31 December 2006. Resolution 3 (a) To re-elect the following Directors, each of whom will retire by rotation pursuant to Article 98 of the Articles of Association of the Company and who, being eligible, will offer themselves for re-election. (b) (i) Mr Koh Beng Seng* (ii) Dr Tan Kim Siew (iii) Mr Lucien Wong Yuen Kuai * Mr Koh Beng Seng will, upon re-election as a Director of the Company, continue as Chairman of the Audit Committee. Mr Koh is considered an independent director for the purpose of Rule 704(8) of the Singapore Exchange Securities Trading Limited (“SGX-ST”) Listing Manual. To record the retirement of LG Ng Yat Chung, a Director retiring by rotation pursuant to Article 98 of the Articles of Association of the Company, who has decided not to seek re-election. Resolution 4 To approve the sum of $866,000 as Directors’ fees for the year ended 31 December 2006. (2005: $630,111) Resolution 5 To re-appoint Ernst & Young as Auditors of the Company and to authorise the Directors to fix their remuneration. AS SPECIAL BUSINESS To consider and, if thought fit, to pass with or without modifications, the following resolutions which will be proposed as Ordinary Resolutions: Resolution 6 That authority be and is hereby given to the Directors to: (a) (b) (i) issue shares in the capital of the Company (“shares”) whether by way of rights, bonus or otherwise; and/or (ii) make or grant offers, agreements or options (collectively, “Instruments”) that might or would require shares to be issued, including but not limited to the creation and issue of (as well as adjustments to) warrants, debentures or other instruments convertible into shares, at any time and upon such terms and conditions and for such purposes and to such persons as the Directors may, in their absolute discretion, deem fit; and (notwithstanding the authority conferred by this Resolution may have ceased to be in force) issue shares in pursuance of any Instrument made or granted by the Directors while this Resolution was in force, provided that: (1) the aggregate number of shares to be issued pursuant to this Resolution (including shares to be issued in pursuance of Instruments made or granted pursuant to this Resolution) does not exceed 50 per cent. of the issued shares in the capital of the Company (as calculated in accordance with paragraph (2) below), of which the aggregate number of shares to be issued other than on a pro rata basis to shareholders of the Company (including shares to be issued in pursuance of Instruments made or granted pursuant to this Resolution) does not exceed 20 per cent. of the issued shares in the capital of the Company (as calculated in accordance with paragraph (2) below); (2) (subject to such manner of calculation as may be prescribed by the SGX-ST) for the purpose of determining the aggregate number of shares that may be issued under paragraph (1) above, the percentage of issued shares shall be based on the number of issued shares in the capital of the Company at the time this Resolution is passed, after adjusting for: (i) new shares arising from the conversion or exercise of any convertible securities or share options or vesting of share awards which are outstanding or subsisting at the time this Resolution is passed; and (ii) any subsequent consolidation or subdivision of shares; (3) in exercising the authority conferred by this Resolution, the Company shall comply with the provisions of the Listing Manual of the SGX-ST for the time being in force (unless such compliance has been waived by the SGX-ST) and the Articles of Association for the time being of the Company; and
Page 1 and 2:
THE WINNING SPIRIT ANNUAL REPORT 20
Page 3 and 4:
1 The winning spirit entails more t
Page 5 and 6:
11 Peter SEAH Lim Huat Chairman (le
Page 7 and 8:
13 In 2007, we will continue to gro
Page 10 and 11:
THE WINNING SPIRIT ST Engineering A
Page 12 and 13:
Page 14 and 15:
Page 16 and 17:
Page 18 and 19:
Page 20 and 21:
Page 22 and 23:
Page 24 and 25:
Page 26 and 27:
33 Corporate Governance Board’s C
Page 28 and 29:
35 Corporate Governance BOARD COMPO
Page 30 and 31:
37 Corporate Governance The ERCC me
Page 32 and 33:
39 Corporate Governance Remuneratio
Page 34 and 35:
41 Corporate Governance Internal Co
Page 36 and 37:
43 Corporate Governance COMPLIANCE
Page 38 and 39:
45 Environment, Health and Safety A
Page 40 and 41:
47 Investor Relations ST ENGINEERIN
Page 42 and 43:
49 Share Price Performance ST ENGIN
Page 44 and 45:
Page 46 and 47:
Page 48 and 49:
57 Operating Financial Review GROUP
Page 50 and 51:
59 Operating Financial Review PERFO
Page 52 and 53:
61 Operating Financial Review Capit
Page 54 and 55:
LAND SYSTEMS SECTOR MARINE SECTOR C
Page 56 and 57:
67 Aerospace FLYING HIGH WITH TOTAL
Page 58 and 59:
69 Aerospace Full Year Performance
Page 60 and 61:
Page 62 and 63:
75 Land Systems BREAKING NEW GROUND
Page 64 and 65:
77 Land Systems Major Acquisitions
Page 66 and 67:
Page 68 and 69:
Page 70 and 71:
Page 72 and 73:
Page 74 and 75:
Page 76 and 77:
91 Directors’ Report AS AT 31 DEC
Page 78 and 79:
Page 80 and 81:
Page 82 and 83:
Page 84 and 85:
Page 86 and 87:
101 Directors’ Report AS AT 31 DE
Page 88 and 89:
103 Statement by Directors We, Pete
Page 90 and 91:
105 Balance Sheets AS AT 31 DECEMBE
Page 92 and 93:
107 Statements of Changes in Equity
Page 94 and 95:
109 Consolidated Statement of Cash
Page 96 and 97:
111 Consolidated Statement of Cash
Page 98 and 99:
113 Notes to the Financial Statemen
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:
Page 148 and 149:
Page 150 and 151:
Page 152 and 153:
Page 154 and 155:
Page 156 and 157:
Page 158 and 159:
Page 160 and 161: 175 Notes to the Financial Statemen
Page 182 and 183: 197 SGX Listing Manual Requirements
Page 184 and 185: 199 Shareholding Statistics AS AT 5
Page 186 and 187: 201 SECTORAL FINANCIAL REVIEW - AER
Page 188 and 189: 203 SECTORAL FINANCIAL REVIEW - AER
Page 190 and 191: 205 SECTORAL FINANCIAL REVIEW - ELE
Page 196 and 197: 211 SECTORAL FINANCIAL REVIEW - LAN
Page 198 and 199: 213 SECTORAL FINANCIAL REVIEW - LAN
Page 200 and 201: 215 SECTORAL FINANCIAL REVIEW - MAR
Page 206 and 207: 221 Group Structure - Singapore Tec
Page 208 and 209: 223 Group Structure - Singapore Tec
Page 212 and 213: SINGAPORE TECHNOLOGIES ENGINEERING
Page 214: 2 fold this dotted line > Postage w
show all

Full Annual Report 2006 - Singapore Technologies Engineering

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?