2006
Directors’ ReportFor the Year ended 31 December 2006(Amounts in Singapore dollars)The directors are pleased to present their report to the members together with the audited consolidated fi nancial statements of OSIMInternational Ltd (the “Company”) and its subsidiaries (collectively, the “Group”) and the balance sheet and statement of changes in equityof the Company for the fi nancial year ended 31 December 2006.DirectorsThe directors of the Company in offi ce at the date of this report are:Ron Sim Chye HockTeo Sway HeongCharlie Teo Chay LeeRichard Leow Lian SoonMichael Kan Yuet YunOng Kian MinKhor Peng SoonPeter Lee Hwai KiatArrangements to enable directors to acquire shares and debenturesExcept for the OSIM Share Option Scheme, neither at the end of nor at any time during the fi nancial year was the Company a party toany arrangement whose objects are, or one of whose object is, to enable directors of the Company to acquire benefi ts by means of theacquisition of shares or debentures of the Company or any other body corporate.Directors’ interests in shares and debenturesThe following directors, who held offi ce at the end of the fi nancial year, had, according to the register of directors’ shareholdings required tobe kept under section 164 of the Singapore Companies Act, Cap. 50, an interest in shares and share options of the Company and relatedcorporations, as stated below:1 January2006Held by director as at31 December200621 January2007Other shareholdings in which thedirector is deemed to have an interest31 December20061 January200621 January2007OSIM International LtdOrdinary sharesRon Sim Chye Hock 231,967,124 122,901,938 122,901,938 3,382,874 160,218,058 160,218,058Teo Sway Heong 3,382,874 4,059,448 4,059,448 231,967,124 279,060,548 279,060,548Charlie Teo Chay Lee 1,875,000 1,462,000 1,462,000 – – –Richard Leow Lian Soon 1,875,000 2,250,000 2,250,000 56,250 67,500 67,500Michael Kan Yuet Yun 318,748 382,498 382,498 – – –Ong Kian Min 281,248 337,497 337,497 – – –Khor Peng Soon 30,000 36,000 36,000 – – –Peter Lee Hwai Kiat 60,000 72,000 72,000 – – –Directors’ Report 64Annual Report 2006