We are pleased to submit this annual report to the members of the Company together with the audited financial statements for the
financial year ended 31 December 2015.
In our opinion:
(a)
the financial statements set out on pages 55 to 118 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, changes in equity and cash flows of
the Group for the year ended on that date in accordance with the provisions of the Singapore Companies Act, Chapter 50 and
Singapore Financial Reporting Standards; and
(b)
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.
The Board of Directors has, on the date of this statement, authorised these financial statements for issue.
Directors
The directors in office at the date of this statement are as follows:
Bertie Cheng
Yap Boh Pin
Tang Yew Kay Jackson
Ronald Seah Lim Siang
Sio Tat Hiang
Ho Koon Lian Irene (appointed on 5 May 2015)
Lim Chai Hock Clive
Directors’ interests
According to the register kept by the Company for the purposes of Section 164 of the Singapore Companies Act, Chapter 50 (the
“Act”), particulars of interests of directors who held office at the end of the financial year (including those held by their spouses and
infant children) in shares, debentures, warrants and share options in the Company and in related corporations (other than wholly-
owned subsidiaries) are as follows:
Name of director and related corporations in which interests
(fully paid ordinary shares unless otherwise stated) are held
Holdings at
beginning of the
year/date of
appointment
Holdings
at end of
the year
The Company
Ordinary shares
Bertie Cheng
64,000
179,000
– Held in the name of Hong Leong Finance Nominees Pte Ltd
500,000
500,000
Yap Boh Pin
44,000
123,000
– Held in the name of ABN AMRO Nominees Singapore Pte Ltd
150,000
150,000
Tang Yew Kay Jackson
135,000
198,000
Ronald Seah Lim Siang
35,000
96,000
Sio Tat Hiang
187,000
253,000
Ho Koon Lian Irene
5,000
5,000
Lim Chai Hock Clive
28,000
76,000
46
TELECHOICE INTERNATIONAL LIMITED
2015 ANNUAL REPORT
DIRECTORS’
STATEMENT
