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DIRECTORS’ REPORT
DIRECTORS’ REPORT
The directors are pleased to present their report to the members together with the audited consolidated financial statements of
Sunningdale Tech Ltd (the “Company”) and its subsidiaries (collectively, the “Group”) and the balance sheet and statement of changes
in equity of the Company for the financial year ended 31 December 2014.
1.
Directors
The directors of the Company in office at the date of this report are:
Koh Boon Hwee
(Executive Chairman, Executive Director)
Khoo Boo Hor
(Chief Executive Officer, Executive Director)
Wong Chi Hung
(Non-Executive Director)
Steven Uhlmann
(Non-Executive Director)
Steven Tan Chee Chuan
(Independent Director)
Gabriel Teo Chen Thye
(Independent Director)
Kaka Singh
(Independent Director)
Ong Sim Ho
(Independent Director)
In accordance with Article 91 of the Company’s Article of Association, Khoo Boo Hor and Wong Chi Hung retire and, being
eligible, offer themselves for re-election.
In accordance with section 153(6) of the Singapore Companies Act, Cap. 50, Steven Tan Chee Chuan and Kaka Singh retire
and, being eligible, offer themselves for re-election.
2.
Arrangements to enable directors to acquire shares and debentures
Except as disclosed below under “Share plans”, 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.
3.
Directors’ interests in shares and debentures
The following directors, who held office at the end of the financial year, had, according to the register of directors’ shareholdings
required to be kept under section 164 of the Singapore Companies Act, Cap. 50, an interest in shares and share awards of the
Company and related corporations (other than wholly-owned subsidiaries) as stated below:
Direct interest
Deemed interest
Name of Director
At
beginning of
financial year
At end of
financial year
At
beginning of
financial year
At end of
financial year
Sunningdale Tech Ltd
(Ordinary shares)
Koh Boon Hwee
37,038,960
62,592,193
110,040
110,040
Khoo Boo Hor
11,689,413
12,889,413
–
–
Wong Chi Hung
2,450,000
550,000
8,907,883
8,907,883
Steven Uhlmann
104,045,125
78,491,892
–
–
Steven Tan Chee Chuan
10,000,000
10,000,000
–
–
Gabriel Teo Chen Thye
1,139,660
1,139,660
–
–
Kaka Singh
396,270
396,270
–
–
There was no other change in any of the above-mentioned interests in the Company between the end of the financial year and
21 January 2015.
