Osim FR 050407.indd

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Corporate InformationBoard of DirectorsAudit CommitteeRegistered OfficePrincipal BankersExecutive ChairmanMr Ron Sim Chye HockExecutive DirectorsMr Charlie Teo Chay LeeMr Leow Lian SoonMr Peter Lee Hwai KiatNon-Executive DirectorMs Teo Sway HeongIndependent Non-ExecutiveDirectorsMr Michael Kan Yuet YunMr Ong Kian MinMr Khor Peng SoonChief OfficersChairmanMr Ron Sim Chye HockMr Charlie Teo Chay LeeMr Leow Lian SoonMr Peter Lee Hwai KiatMr Tan Kia TongMs Celine ChaChairmanMr Michael Kan Yuet YunMr Ong Kian MinMr Khor Peng SoonRemunerationCommitteeChairmanMr Ong Kian MinMr Michael Kan Yuet YunMr Khor Peng SoonMr Ron Sim Chye HockMr Charlie Teo Chay LeeNominating CommitteeChairmanMr Ong Kian MinMr Michael Kan Yuet YunMr Khor Peng SoonMr Ron Sim Chye HockMr Charlie Teo Chay Lee65 Ubi Avenue 1OSIM HeadquartersSingapore 408939AuditorsErnst & YoungCertified Public Accountants1 Raffles QuayNorth TowerLevel 18Singapore 048583Partner-in-chargeMr Steven Phan Swee KimCompany SecretaryMr Peter Lee Hwai KiatRegistrar And ShareTransfer OfficeB.A.C.S. Private Limited63 Cantonment RoadSingapore 089758ABN-AMRO BankDBS Bank LtdDeutsche Bank AGMizuho Corporate Bank, LtdOverseas Chinese BankingCorporationRHB Bank BerhadStandard Chartered BankSumitomo Mitsui BankingCorporationCorporate Information 47 Annual Report 2006
Directors & ManagementExecutive DirectorsMr Ron Sim Chye Hock48, Founder, Chairman and Chief Executive OfficerHe is the driving force behind the company. Since its inception, hehas remained at the helm of things. The company’s strategy, itsgoals and directions are redefined by no other than the man himself,and leading by example he continues to inspire his people as thecompany embarks on to more challenging paths. He has beengiven recognition by some prestigious institutions. Among them:the Wisconsin International University conferred him Doctor ofPhilosophy in Business Administration in 2001 and the AmericanUniversity of Hawaii awarded him Doctor of Philosophy in MarketingManagement in 2002. He was voted Ernst & Young Entrepreneurof the Year 2003 and in the same year won The Business Times“Businessman of the Year”. He is a board member of SentosaDevelopment Corporation and IE Singapore.Mr Charlie Teo Chay Lee48, Executive Director and Chief Operating Officer(HQ & South Asia)Mr Teo has a firm grasp of OSIM’s massive operations. Havingplayed a pivotal role in the company’s formative years, his insightfulleadership has made the Singapore headquarters a role model forits subsidiaries. He joined the Group in 1989 and was appointedto the Board in 2000.Mr Richard Leow Lian Soon47, Executive Director and Chief Operating Officer (North Asia)His experience in the Hong Kong operations made his being incharge of the Greater China territory a perfect choice, but nonethelessa huge task to fulfill like the proverbial David taking on Goliath.Highly regarded for his exemplary leadership not to mention hisyouthful energy, Mr Leow spearheads the operations withconsummate dedication. He joined the Group in 1987 and wasappointed to the Board in 2000.Mr Peter Lee Hwai Kiat43, Executive Director and Chief Financial Officerand Company SecretaryMr Lee puts his 18 years of expertise in finance as he managesthe Group’s financial strategy and control, investor relations, humanresources and administration, and management information system.Prior to holding this position, he was the Group Financial Controllerof Golden Village – a joint venture between Australia’s VillageRoadshow and Hong Kong’s Golden Harvest. He graduated fromthe National University of Singapore with a degree on Bachelor ofAccountancy and obtained his MBA from Manchester BusinessSchool in 2005. He is a Certified Public Accountant in Singapore.Mr Lee joined OSIM in 2000 and was appointed to the Board in2005.Directors & Management 48 Annual Report 2006
Page 1: Process and Performanceas the growt
Page 5: Customer Service Department“I put
Page 9: Sales Department“I look forward t
Page 13: Research & Development“Every prod
Page 17 and 18: Contents17 CEO’s Message22 The Ro
Page 19 and 20: ... ensuring that as we grow,they g
Page 21 and 22: previous year. Q4 2006 revenue rose
Page 23 and 24: The Role ModelsThe Role Models 22 A
Page 25 and 26: Ms Teo Sway HeongNon-Executive Dire
Page 27 and 28: Mr Peter Lee Hwai KiatMs Celine Cha
Page 29 and 30: Result of our Growth StrategyThe Gr
Page 31 and 32: Performance ReviewIn building a glo
Page 33 and 34: ProfitabilityIn FY2006, buoyant rev
Page 35 and 36: An Environment of GrowthMarch 2006
Page 38 and 39: Financial HighlightsOur goal is to
Page 40 and 41: Number of OutletsOSIM OutletsNorth
Page 42 and 43: Capital ExpenditureCapexS$’000 Le
Page 44 and 45: Corporate Structure as at 21 Februa
Page 46 and 47: OSIM Global NetworkSINGAPORECHINATA
Page 50 and 51: Non Executive DirectorMs Teo Sway H
Page 52 and 53: Corporate Governance Report 51 Annu
Page 54 and 55: The Company worked closely with a p
Page 56 and 57: New directors are at present appoin
Page 58 and 59: In 2006, the Audit & Risk Managemen
Page 60 and 61: The aggregate value of interested p
Page 63 and 64: Financial Contents64 Directors’ R
Page 65 and 66: Directors’ ReportFor the Year end
Page 67 and 68: Directors’ Report (cont’d)Share
Page 69 and 70: Directors’ Report (cont’d)Share
Page 71 and 72: Directors’ Report (cont’d)Audit
Page 73 and 74: Independent Auditors’ Reportto th
Page 75 and 76: Balance Sheetsas at 31 December 200
Page 77 and 78: Consolidated Profit and Loss Accoun
Page 79 and 80: Statements of Changes in Equity for
Page 81 and 82: Consolidated Cash Flow Statementfor
Page 83 and 84: Consolidated Cash Flow Statement fo
Page 85 and 86: Notes to the Financial Statements -
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Major PropertiesUnexpiredterm ofDes
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Shareholdings Statistics as at 8 Ma
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Notice of Annual General Meeting (c
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Notice of Annual General Meeting (c
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Appendix (cont’d)DEFINITIONSIn th
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Appendix (cont’d)PROPOSED RENEWAL
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Appendix (cont’d)3.1.3 The Direct
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Appendix (cont’d)4. Rationale and
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Appendix (cont’d)11. ACTION TO BE
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OSIM INTERNATIONAL LTDCompany Regis
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SINGAPOREOSIM International Ltd65 U
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Osim FR 050407.indd

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