Osim FR 050407.indd

Directors’ Report (cont’d)Directors’ interests in shares and debentures (cont’d)At 1 January2006At 31 December2006At 21 January2007Exercise price$ExpirydateOSIM International LtdOptions to subscribe for ordinary sharesCharlie Teo Chay Lee 206,250 247,500 247,500 0.178 14.01.2011206,250 247,500 247,500 0.236 14.01.2012165,000 198,000 198,000 0.442 26.12.201279,200 95,040 95,040 0.917 15.02.2014Richard Leow Lian Soon 206,250 – – 0.213 14.01.2011206,250 – – 0.283 14.01.2012165,000 – – 0.530 26.12.201279,200 40 40 0.917 15.02.2014Peter Lee Hwai Kiat 112,500 135,000 135,000 0.178 14.01.2011112,500 135,000 135,000 0.236 14.01.2012120,000 144,000 144,000 0.442 26.12.201257,600 69,120 69,120 0.917 15.02.2014Michael Kan Yuet Yun 18,000 21,600 21,600 0.917 15.02.2009Ong Kian Min 37,500 45,000 45,000 0.442 26.12.200718,000 21,600 21,600 0.917 15.02.2009Khor Peng Soon 18,000 21,600 21,600 0.917 15.02.2009By virtue of section 7 of the Singapore Companies Act, Cap. 50, both Ron Sim Chye Hock and Teo Sway Heong are deemed to have interestsin the shares held by the Company in its subsidiaries.Except as disclosed in this report, no director who held offi ce at the end of the fi nancial year had an interest in shares, share options,warrants or debentures of the Company, or of related corporations, either at the beginning of the fi nancial year, or at the end of the fi nancialyear.Directors’ contractual benefitsExcept as disclosed in the fi nancial statements, since the end of the previous fi nancial year, no director of the Company has received orbecome entitled to receive a benefi t by reason of a contract made by the Company or a related corporation with the director, or with a fi rmof which the director is a member, or with a company in which the director has a substantial fi nancial interest.Directors’ Report 65Annual Report 2006