Our endeavour is to enhance Stakeholders' Value - Uflex Ltd.

DIRECTOR’S UPET HOLDINGS REPORT LIMITED
DIRECTORS’ REPORT
UFLEX LIMITED
The Directors submit herewith their First Annual Report together with the fi nancial statements for the period from 10 April, 2008
(date of incorporation) to 31 March 2009.
PRINCIPAL ACTIVITY
The principal activity of the company is investment holding.
RESULTS AND DIVIDENDS
The results for the period are shown in the income statement on page 7. The directors do not propose the payment of a dividend
for the period under review.
STATUS
The company was incorporated in the Republic of Mauritius on 10 April, 2008 under the Companies Act 2001 and was granted a
Global Business Licence under the Financial Services Act 2007.
STATEMENT OF DIRECTORS’ RESPONSIBILITIES IN RESPECT OF THE FINANCIAL STATEMENTS
Company law requires the Directors to prepare fi nancial statements for each fi nancial period which give a true and fair view of the
state of aff airs and of the results of the company. In preparing those fi nancial statements, the Directors are required to:
- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained
in the fi nancial statements; and
- prepare the fi nancial statements on the going concern basis unless it is inappropriate to presume that the company will
continue in business.
The Directors confi rm that they have complied with the above requirements in preparing the fi nancial statements.
The Directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the
fi nancial position of the company and to enable them to ensure that the fi nancial statements comply with the Companies Act 2001.
They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and
detection of fraud and other irregularities.
BY ORDER OF THE BOARD
Secretary
International Management (Mauritius) Ltd
25 JUNE, 2009
REPORT FROM THE SECRETARY TO THE MEMBERS OF UPET HOLDINGS LIMITED
We certify that, to the best of our knowledge and belief, the company has fi led with the Registrar of Companies, all such returns as
are required of UPET Holdings Limited under section 166(d) of the Companies Act 2001 for the period from 10 April, 2008 (date of
incorporation) to 31 March, 2009.
for International Management (Mauritius) Ltd
CORPORATE SECRETARY
Date: 25 June, 2009
TWENTIETH ANNUAL REPORT 2008 - 2009 | 101 |
S U B S I D I A R I E S