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THE STRAITS TRADING COMPANY LIMITED
The Directors have pleasure in submitting their statement to the members 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 2015.
OPINION OF THE DIRECTORS
In the opinion of the Directors,
(i)
the consolidated financial statements of the Group and the balance sheets of the Company 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, cash flows of the Group and of the Company for the year ended on that date; and
(ii)
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.
DIRECTORATE
The Directors in office at the date of this report are:
Ms Chew Gek Khim (Executive Chairman)
Mr Razman bin Ariffin (resigned on 18 March 2016)
Mrs Elizabeth Sam
Ms Chew Gek Hiang
Mr Goh Kay Yong David
Mr Yap Chee Keong
Mr Tham Kui Seng
Mr Tan Tiong Cheng
Dr Gary Hilton Weiss
Mr Chia Chee Ming, Timothy (appointed on 27 February 2015)
Mrs Elizabeth Sam retires pursuant to section 153(6) of the Companies Act, Cap. 50 which was in force immediately before
3 January 2016. Mrs Elizabeth Sam has indicated that she will not be seeking re-appointment at the forthcoming Annual General
Meeting of the Company.
Mr Goh Kay Yong David and Mr Tan Tiong Cheng retire pursuant to Article 99 of the Articles of Association and being eligible, offer
themselves for re-election.
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’ STATEMENT
