12.12.2012 Views

kian joo can factory berhad

kian joo can factory berhad

kian joo can factory berhad

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

DIRECTORS' REMUNERATION (cont’d)<br />

The number of Directors of the Group whose total remuneration falls within the respective bands are analysed<br />

as follows:<br />

Executive Directors:<br />

Number of Directors<br />

2002 2001<br />

RM100,001 - RM150,000 1 1<br />

RM150,001 - RM200,000 1 1<br />

RM400,001 - RM450,000 - 1<br />

RM500,001 - RM550,000 1 -<br />

RM650,001 - RM700,000 - 2<br />

RM700,001 - RM750,000 1 -<br />

RM750,001 - RM800,000 1 -<br />

RM900,001 - RM950,000 1 -<br />

RM950,001 - RM1,000,000 - 1<br />

RM1,000,001 - RM1,050,000 1 -<br />

RM3,250,001 - RM3,300,000 - 1*<br />

Non Executive Directors:<br />

Below RM50,000 8 8<br />

* inclusive of retirement benefit amounted to RM2,374,000.<br />

OTHER STATUTORY INFORMATION<br />

DIRECTORS’ REPORT (cont’d)<br />

(a) Before the balance sheets and income statements of the Group and of the Company were made out, the<br />

Directors took reasonable steps:<br />

(i) to ascertain that proper action had been taken in relation to the writing off of bad debts and the making<br />

of provision for doubtful debts and satisfied themselves that all known bad debts had been written off and<br />

that adequate provision had been made for doubtful debts; and<br />

(ii) to ensure that any current assets which were unlikely to realise their value as shown in the accounting<br />

records in the ordinary course of business had been written down to an amount which they might be<br />

expected so to realise.<br />

(b) At the date of this report, the Directors are not aware of any circumstances not otherwise dealt with in this<br />

report or financial statements of the Group and of the Company which would render:<br />

(i) the amount written off for bad debts or the amount of the provision for doubtful debts of the Group and<br />

of the Company inadequate to any substantial extent; and<br />

(ii) the values attributed to current assets in the financial statements of the Group and of the Company misleading.<br />

3 3<br />

ANNUAL REPORT 2002 • KIAN JOO CAN FACTORY BERHAD (3186-P)

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!