kian joo can factory berhad
kian joo can factory berhad
kian joo can factory berhad
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)