INDEPENDENT AUDITOR’S REPORT
For the Financial Year Ended 31 December 2014
To the Members of The Straits Trading Company Limited
Opinion
In our opinion, the consolidated financial statements of the Group and the balance sheet of the Company are properly drawn
up in accordance with the provisions of the Act and Singapore Financial Reporting Standards so as to give a true and fair view of
the state of affairs of the Group and of the Company as at 31 December 2014 and the results, changes in equity and cash flows
of the Group for the year ended on that date.
REPORT ON OTHER LEGAL AND REGULATORY REQUIREMENTS
In our opinion, the accounting and other records required by the Act to be kept by the Company and by those subsidiaries
incorporated in Singapore of which we are the auditors have been properly kept in accordance with the provisions of the Act.
ERNST & YOUNG LLP
Public Accountants and
Chartered Accountants
Singapore
23 March 2015
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THE STRAITS TRADING COMPANY LIMITED ANNUAL REPORT 2014