Contents - Tung Lok Restaurants 2000 Ltd

More documents

Recommendations

Info

Corporate Governance ReportPrinciple 6 : Access to InformationIn order to ensure that the Board is able to fulfill its responsibilities, management provides the Board members with halfyearlymanagement accounts and the EXCO Committee with quarterly management accounts and all relevant information.In addition, all relevant information on material events and transactions are circulated to directors as and when they arise.Whenever necessary, senior management staff will be invited to attend the Board meetings and Audit Committee Meetingsto answer queries and provide detailed insights into their areas of operations. A quarterly report of the Group’s activitiesis also provided to the EXCO Committee.The Board, either individually or as a group, in the furtherance of their duties, has access to independent professionaladvice, if necessary, at the Company’s expense.The Board members have separate and independent access to the company secretary. The company secretary attendsall board meetings and audit committee meetings. The company secretary assists the Board to ensure that Boardprocedures and rules and regulations are complied with.COMMUNICATION WITH SHAREHOLDERSPrinciple 10 : AccountabilityPrinciple 14 : Communication with ShareholdersPrinciple 15 : Greater Shareholder ParticipationThe Company recognises the need to communicate with shareholders on all material matters affecting the Group anddoes not practise selective disclosure. Price sensitive announcements, including interim and full-year results, are releasedthrough MASNET and subsequently posted on the Company’s website. All press releases are announced through MASNETbefore they are published. The Company will also be providing quarterly financial reports to shareholders from FY2004.The Company may also hold media meeting on significant event. All shareholders of the Company receive the AnnualReport and notice of AGM which can be accessed from the Company’s website. At AGMs, shareholders are given theopportunity to air their views and ask questions regarding the Group and its businesses. Separate resolutions on eachdistinct issue are proposed at general meetings for approval. The external auditors and legal advisors (if necessary) arepresent to assist the Directors in addressing any queries by shareholders.The Articles of Association of the Company allow a member of the Company to appoint one or two proxies to attend andvote instead of the member.DEALINGS IN SECURITIESThe Company has adopted the Best Practices Guide introduced by the Singapore Exchange with regard to securitiestransactions by its employees. The employees have been informed not to deal in the Company’s securities whilst inpossession of price sensitive information and during the period commencing one month before the announcement of theCompany’s results and ending on the date of the announcement. 20
Our AwardsWinner at the Wine & Dine Singapore's TopRestaurants 2002 awardsJade for Most Innovative Menu (Asian) and for Best Wine List (Asian).JadeTung Lok Shines at World Gourmet Summit Awards of Excellence 2002!Director of Kitchens Sam Leong was awarded "Asian Ethnic Chefof the Year" for the second year running. Instrumental in thedevelopment of Jade and other Tung Lok restaurants, Leong haswowed guests with creations like Mocha Pork Ribs, and MincedLamb Shank with Garlic Foam.Club Chinois was awarded "Asian EthnicRestaurant of the Year". At this stylishShanghai-inspired Modern Chineserestaurant you are pampered with the finestin food, service and atmosphere.Club ChinoisSam LeongGourmet Hunt AwardsTung Lok's group of restaurantswere the biggest winners in theSingapore Gourmet Hunt Awards2002, organised by MediaCorpRadio Stations. This event washeld on 30 November 2002 atImperium Chinese Dining.Our Award Winning Managers with our Master Chefs 21
Page 1 and 2: ContentsAnnual Report 20022Chairman
Page 3 and 4: • In May, we opened Imperium, a 5
Page 5 and 6: FAMILY RESTAURANTSAmong our family
Page 7 and 8: Corporate InformationBOARD DIRECTOR
Page 9 and 10: Management TeamANDREW TJIOEManaging
Page 11 and 12: Development from 1975 to 1978 and S
Page 13 and 14: and Corporate Affairs, a position s
Page 15 and 16: The EXCO evaluates and recommends t
Page 17 and 18: 3) reviews the co-operation given b
Page 19: Directors’ RemunerationRemunerati
Page 23 and 24: Restaurant : The Paramount- Great C
Page 25 and 26: Restaurant : Lao Beijing Dining Hal
Page 27 and 28: Restaurant : House of Mao Hunan Hot
Page 29 and 30: Our New RestaurantsRestaurant : IMP
Page 31 and 32: Financial Reports32 Directors' Repo
Page 33 and 34: Group’s equityShare of net Before
Page 35 and 36: Shareholding in whichShareholding r
Page 37 and 38: which he has a substantial financia
Page 39 and 40: Balance SheetsDecember 31, 2002ASSE
Page 41 and 42: Statements of Changes in EquityFina
Page 43 and 44: During the financial year, the grou
Page 45 and 46: loss statement from the effective d
Page 47 and 48: p) FOREIGN CURRENCY TRANSACTIONS -
Page 49 and 50: At December 31, 2002, the group’s
Page 51 and 52: 7 INVENTORIESGroupCompany2002 2001
Page 53 and 54: 10 GOODWILLGroup2002 2001$ $Costs:A
Page 55 and 56: 14 OBLIGATIONS UNDER FINANCE LEASES
Page 57 and 58: 19 REVENUEGroupCompany2002 2001 200
Page 59 and 60: The number of directors of the comp
Page 61 and 62: 29 CAPITAL EXPENDITURE COMMITMENTSG
Page 63 and 64: Statistics of ShareholdingsAS AT 11
Page 65 and 66: Notice of Annual General MeetingNOT
Page 67 and 68: TUNG LOK RESTAURANTS (2000) LTD(Inc

Contents - Tung Lok Restaurants 2000 Ltd

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?