DIRECTORS’ STATEMENT
YEAR ENDED 31 DECEMBER 2015
We are pleased to submit this annual report to the members of the Company together with the audited financial statements for the
financial year ended 31 December 2015.
In our opinion:
(a)
the financial statements set out on pages 30 to 84 are drawn up so as to give a true and fair view of the financial position of the
Group and of the Company as at 31 December 2015 and the financial performance and changes in equity of the Group and of
the Company and cash flows of the Group for the year ended on that date in accordance with the provisions of the Singapore
Companies Act, Chapter 50 (the “Act”) and Singapore Financial Reporting Standards; and
(b)
at the date of this statement, there are reasonable grounds to believe that the Company will be able to pay its debts as and when
they fall due.
The Board of Directors has, on the date of this statement, authorised these financial statements for issue.
DIRECTORS
The Directors in office at the date of this statement are as follows:
Executive Directors
Mr Cheong Pin Chuan
Mr Cheong Sim Eng
Ms Cheong Hooi Kheng
Non-Executive Directors
1
Mr Lim Jun Xiong Steven
Mr Chow Yew Hon
Mr Chan Pengee, Adrian
DIRECTORS’ INTERESTS
According to the register kept by the Company for the purposes of Section 164 of the Act, particulars of interests of Directors who
held office at the end of the financial year (including those held by their spouses and children who are less than 18 years of age) in
shares, debentures, warrants and share options in the Company and in its subsidiary corporations (other than wholly owned subsidiary
corporations) are as follows:
Name of Director and Corporation in which Interests are Held
Holdings at
Beginning of the Year
Holdings at
End of the Year
Hong Fok Corporation Limited
Ordinary Shares
Mr Cheong Pin Chuan
– direct interest held
10,343,344
10,948,244
– deemed interests
128,980,959
128,980,959
Mr Cheong Sim Eng
– direct interest held
93,322,160
94,400,760
– deemed interests
40,923,435
40,923,435
Ms Cheong Hooi Kheng
– direct interest held
12,682,800
12,782,800
1
One of the Company’s Directors, Mr Tan Tock Han, resigned with effect from 18 May 2015.
23
ANNUAL REPORT 2015
HONG FOK CORPORATION LIMITED
