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SAILING THE SEAS OF SUCCESS - Swissco Holdings Limited

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STATEMENT BY DIRECTORS<br />

In the opinion of the directors,<br />

(a) the balance sheet of the Company and the consolidated financial statements of the Group as set out on pages 25<br />

to 51 are drawn up so as to give a true and fair view of the state of affairs of the Company and of the Group<br />

at 31 December 2004 and of the results of the business, changes in equity and cash flows of the Group for the<br />

financial year ended 31 December 2004; and<br />

(b)<br />

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 />

On behalf of the directors<br />

Yeo Chong Lin<br />

Director<br />

Alex Yeo Kian Teong<br />

Director<br />

28 March 2005<br />

ANNUAL REPORT 2004_23

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