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42 TRANS FORMATION
DIRECTORS’ REPORT
The Directors have pleasure in submitting their report together with the audited financial statements of The Straits Trading
Company Limited (the Company) and consolidated financial statements of the Group for the year ended 31 December 2011.
Directorate
The Directors in office at the date of this report are:
Ms Chew Gek Khim (Executive Chairman)
Tan Sri Dato’ Dr Lin See-Yan
Mr Razman Ariffin
Mrs Elizabeth Sam
Ms Chew Gek Hiang
Mr David Goh Kay Yong
Mr Yap Chee Keong
Mr Tham Kui Seng
Mr David Goh Kay Yong and Mr Yap Chee Keong retire pursuant to Article 99 of the Articles of Association and being eligible,
offer themselves for re-election.
Tan Sri Dato’ Dr Lin See-Yan and Mrs Elizabeth Sam both retire pursuant to Section 153(2) of the Companies Act, Cap. 50.
A resolution will be proposed for their re-appointment as Directors under Section 153(6) of the said Act to hold office until
the next Annual General Meeting of the Company.
Arrangements To Enable Directors To Acquire Shares And Debentures
Neither at the end of nor at any time during the financial year was the Company a party to any arrangement whose objects
are, or one of whose objects is, to enable the Directors of the Company to acquire benefits by means of the acquisition of
shares or debentures of the Company or any other body corporate.
Directors’ Interest In Shares And Debentures
According to the register kept under Section 164 of the Companies Act, Cap. 50, the Directors who held office at the end
of the financial year had an interest in the shares of the Company and its related corporation as stated below:
Company
(Issued ordinary shares)
Shareholdings in the
names of Directors
Shareholdings in which Directors
are deemed to have an interest
1.1.2011 31.12.2011 1.1.2011 31.12.2011
Ms Chew Gek Khim 41,200 41,200 – –
Ms Chew Gek Hiang 23,000 23,000 – –