directors - The Lion Group

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(ii) Affecting Amsteel Corporation Berhad (“Amsteel”) (prior to the disposal of the joint-venture companies to Lion Diversified Holdings Berhad on 1 June 2004) No. Issues Joint-Venture Steps taken or to be Status as at Company (“JV Co”) taken to resolve the Issues 30 September 2005 1. Land Use Right(s) for Xian Lucky King The Management of The LUR certificate land(s) (“LUR”) to be Parkson Plaza Co Ltd Amsteel Group had liaised for the transfer of the transferred by the (Amsteel Group’s with the PRC Party, Li Feng land had been issued PRC Party to the equity holding : 51%) * (Xian) Real Estate and registered in the JV Co as PRC Party’s Development Co Ltd name of the JV Co. contribution to the (“LFXR”), to transfer the This issue was resolved capital of the JV Co LUR of the land located as at 11 March 2005. in accordance with the at No. 119, Dong Da Jie, terms of the joint- Bei Lin District, Xian, venture agreement. Shanxi Province, PRC to the JV Co. 2. The PRC party has not Sichuan Hezheng The Management of In additon to SHC’s obtained the LUR or Parkson Plaza Co Ltd Amsteel Group had liaised letter dated 20 February POR certificate in (Amsteel Group’s with the PRC Party, 2004 confirming that its favour for property equity holding : 90%) * Sichuan Hezheng Company the JV Co may use leased by the PRC Party Limited by Shares (“SHC”), the POR pending the to the JV Co or the lease to obtain the POR certificate said transfer, SHC’s of the LUR or POR to for the building located at holding company, the JV Co has not been No. 31, Zong Fu Lu, Zong Fu Industrial registered with the Jinjiang District, (Group) Co Ltd relevant authorities Chengdu City, Sichuan (“ZFI”) had confirmed in the PRC. Province, PRC, leased by that SHC had the PRC Party to the JV Co. purchased the building from ZFI and that SHC has the right to exercise all rights as the owner of the building including leasing and operation of the building. This issue was resolved as at 14 February 2005. * As from 1 June 2004, these JV Cos became subsidiaries of Lion Diversified Holdings Berhad (“LDHB”) following the disposal of the entire equity interests in the companies holding interests in the said JV Cos (“Disposed Companies”) to LDHB. The respective vendors of the Disposed Companies had undertaken to the Securities Commission (“SC”) that they shall indemnify LDHB for any losses incurred by LDHB as a result of any non-compliance with the laws and regulations of the PRC. 122
✄ FORM OF PROXY I/We ............................................................................................................................................................................ I.C. No./Company No. ................................................................................................................................................ of ................................................................................................................................................................................ being a member/members of LION INDUSTRIES CORPORATION BERHAD, hereby appoint ..................................... ................................................................................................................................................................................... I.C. No. ....................................................................................................................................................................... of ................................................................................................................................................................................ or failing whom .......................................................................................................................................................... I.C. No. ....................................................................................................................................................................... of ................................................................................................................................................................................ as my/our proxy to vote for me/us and on my/our behalf at the Seventy-Fifth Annual General Meeting of the Company to be held at the Meeting Hall, Level 48, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur on 15 November 2005 at 2.30 pm and at any adjournment thereof. RESOLUTIONS FOR AGAINST 1. To receive and adopt the Directors’ Report and Audited Financial Statements 2. To approve a first and final dividend 3. To approve Directors’ fees 4. To re-elect as Director, Y. Bhg. Dato’ Kamaruddin @ Abas bin Nordin 5. To re-elect as Director, Mr Cheng Yong Liang 6. To re-appoint as Director, Y. Bhg. Tan Sri Dato’ Musa bin Hitam 7. To re-appoint Auditors 8. Authority to Directors to issue shares 9. Proposed Renewal of Shareholders’ Mandate for Recurrent Related Party Transactions Please indicate with an “X” how you wish your vote to be cast. If no specific direction as to voting is given, the proxy will vote or abstain at his discretion. As witness my/our hand this ................... day of .................................................... 2005 No. of shares: ........................................... Signed: .............................................. Representation at Meeting: In the presence of: .............................................. A member entitled to attend and vote at the Annual General Meeting is entitled to appoint a proxy to attend and vote instead of him. A proxy need not be a member of the Company. The instrument appointing a proxy must be in writing under the hand of the appointor or his attorney duly authorised in writing or, if the appointor is a corporation, either under seal or the hand of an officer or attorney duly authorised. An instrument appointing a proxy executed in Malaysia need not be witnessed. The signature to an instrument appointing a proxy executed outside Malaysia shall be attested by a solicitor, notary public, consul or magistrate. The instrument of proxy shall be deposited at the Registered Office of the Company, Level 46, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur not less than forty-eight (48) hours before the time for holding the meeting. Form of Proxy sent through facsimile transmission shall not be accepted.
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CONTENTS The inner pages are printe
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7.2 Proposed Renewal of Shareholder
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STATEMENT ACCOMPANYING NOTICE OF AN
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DIRECTORS’ PROFILE Tan Sri Dato
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Cheng Yong Liang Non-Independent No
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Supply of Information The Board mem
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Financial Reporting The Board aims
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AUDIT COMMITTEE REPORT COMPOSITION
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ACTIVITIES DURING THE FINANCIAL YEA
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NOMINATION COMMITTEE Chairman : Y.
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THE GROUP’S BUSINESSES Advanced s
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CHAIRMAN’S STATEMENT On behalf of
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Beverage 2005 2004 RM’ Million RM
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(c) On 23 November 2004, the Compan
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RESERVES AND PROVISIONS There were
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DIRECTORS’ INTERESTS The Director
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AUDITORS The auditors, Messrs Deloi
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INCOME STATEMENTS FOR THE YEAR ENDE
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The Group The Company 2005 2004 200
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CASH FLOW STATEMENTS FOR THE YEAR E
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(ii) ANALYSIS OF DISPOSAL AND LIQUI
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The Company 43 2005 2004 Note RM’
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NOTES TO THE FINANCIAL STATEMENTS 1
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(f) On 24 February 2005, the Compan
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(iv) Beverage Division Gross invoic
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Property, Plant and Equipment Prope
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Associated Companies An associated
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Receivables Trade and other receiva
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7. DIRECTORS’ REMUNERATION Direct
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11. INCOME TAX (EXPENSE)/CREDIT Inc
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The Group ACCUMULATED DEPRECIATION
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The depreciation charge is allocate
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17. LAND HELD FOR PROPERTY DEVELOPM
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18. INVESTMENT IN SUBSIDIARY COMPAN
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The effects of the abovementioned d
Page 73 and 74: 20. LONG-TERM INVESTMENTS 71 The Gr
Page 75 and 76: 21. DEFERRED TAX ASSETS/LIABILITIES
Page 77 and 78: 24. INVENTORIES Inventories consist
Page 79 and 80: 27. TRADE RECEIVABLES 77 The Group
Page 81 and 82: 29. RELATED COMPANY TRANSACTIONS (a
Page 83 and 84: 30. DEPOSITS, CASH AND BANK BALANCE
Page 85 and 86: 33. LEASE AND HIRE-PURCHASE PAYABLE
Page 87 and 88: 85 The Group The Company 2005 2004
Page 89 and 90: (iii) proceeds from the redemption
Page 91 and 92: 37. DEFERRED LIABILITIES 89 The Gro
Page 93 and 94: 39. RESERVES 91 The Group The Compa
Page 95 and 96: The Group The Company 2005 2004 200
Page 97 and 98: The Group Timber 2005 Property extr
Page 99 and 100: (b) Geographical Segments: The Grou
Page 101 and 102: Financial Risk Management Objective
Page 103 and 104: 47. SUBSIDIARY COMPANIES The subsid
Page 105 and 106: Effective Percentage Name of Compan
Page 107 and 108: Effective Percentage Name of Compan
Page 109 and 110: STATEMENT BY DIRECTORS The Director
Page 111 and 112: INFORMATION ON LEVEL 1 SPONSORED AM
Page 113 and 114: Tenure/ Net Date of Address Expiry
Page 115 and 116: Tenure/ Net Date of Address Expiry
Page 117 and 118: Registered Shareholders No. of Shar
Page 119 and 120: OTHER INFORMATION (I) NON-AUDIT FEE
Page 121 and 122: (IV) STATUS OF CONDITIONS IMPOSED B
Page 123: (c) Issues Affecting the Joint-Vent
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directors - The Lion Group

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