FRENCKEN GROUP LIMITED
ANNUAL REPORT 2015
35
DIRECTORS’ STATEMENT
The directors present their statement together with the audited consolidated financial statements of Frencken Group
Limited (the “Company”) and its subsidiaries (the “Group”) and balance sheet of the Company for the financial year ended
December 31, 2015.
In the opinion of the directors, the consolidated financial statements of the Group and the balance sheet of the Company
as set out on pages 42 to 119 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 December 31, 2015, and the financial performance, changes in equity and cash flows of the Group for
the financial year then ended and at the date of this statement, there are reasonable grounds to believe that the Company
will be able to pay its debts when they fall due.
1 DIRECTORS
The directors of the Company in office at the date of this report are:
Tan Sri Larry Low Hock Peng
Hendrik Gezinus Tappel
Tan Lai Heng
Sim Mong Huat
Dato’ Gooi Soon Chai (Appointed on 10 February 2015)
Chia Chor Leong
Ling Yong Wah
Yeo Jeu Nam
2 ARRANGEMENTS TO ENABLE DIRECTORS TO ACQUIRE BENEFITS BY MEANS OF THE ACQUISITION OF
SHARES AND DEBENTURES
Neither at the end of the financial year nor at any time during the financial year did there subsist any arrangement
whose object is to enable the directors of the Company to acquire benefits by means of the acquisition of shares or
debentures in the Company or any other body corporate, other than as disclosed under “Share Options” on pages 36
to 38 of this statement.
3 DIRECTORS’ INTERESTS IN SHARES AND DEBENTURES
The directors holding office at the end of the financial year had no interests in the share capital and debentures of the
Company and related corporations as recorded in the register of directors’ shareholdings kept by the Company under
Section 164 of the Singapore Companies Act except as follows:
Holdings registered in
the name of director
Holdings in which a director
is deemed to have an interest
Name of director and Company in
which interests are held
At beginning of
year or date of
appointment*,
if later
At end of
year
At beginning of
year or date of
appointment*,
if later
At end of
year
Frencken Group Limited
(Ordinary shares)
Tan Sri Larry Low Hock Peng
200,000
200,000
41,176,794 41,176,794
Hendrik Gezinus Tappel
-
-
67,000
67,000
Tan Lai Heng
3,312,713
1,312,713
16,048,000 18,100,000
Sim Mong Huat
767,000
767,000
-
-
Dato’ Gooi Soon Chai*
3,002,723
4,102,723
88,784,568 88,784,568
