Page 28 - ar2012

MTQ Corporation Limited
Financial Report / 26
DIRECTORS’
REPORT
The Directors are pleased to present their report to the members together with the audited consolidated fnancial statements of MTQ
Corporation Limited (the “Company”) and its subsidiaries (collectively, the “Group”) and the balance sheet and statement of changes in
equity of the Company for the fnancial year ended 31 March 2012.
Directors
The Directors of the Company in offce at the date of this report are:
Kuah Kok Kim
Kuah Boon Wee
Christopher Ho Han Siong
Huang Yuan Chiang
Ian Wayne Spence
Ong Choo Eng
Nicholas Campbell Cocks
Chew Soo Lin (appointed on 18 May 2012)
Arrangements to enable Directors to acquire shares and debentures
Except as described in the paragraphs below, neither at the end of nor at any time during the fnancial 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 benefts by means
of the acquisition of shares or debentures of the Company or any other body corporate.
Directors’ interests in shares, share options and debentures
The following Directors, who held offce at the end of the fnancial year, had, according to the register of directors’ shareholdings required
to be kept under Section 164 of the Singapore Companies Act, Chapter 50 (the “Act”), an interest in shares and share options of the
Company and related corporations (other than wholly-owned subsidiaries) as stated below:
Direct interest Deemed interest
At At At At At At
The Company 1.4.2011 31.3.2012 21.4.2012 1.4.2011 31.3.2012 21.4.2012
(Ordinary shares)
Kuah Kok Kim 23,410,843 23,981,840 23,981,840 – – –
Kuah Boon Wee 1,616,024 1,655,440 1,655,440 – – –
Huang Yuan Chiang 100,000 100,000 100,000 – – –
Christopher Ho Han Siong – – – 7,900,000 7,900,000 7,900,000
Mr Kuah Kok Kim is deemed to have an interest in shares of the Company’s subsidiaries by virtue of his interest in more than 20% of the
issued share capital of the Company as at the end of the fnancial year.
Mr Christopher Ho Han Siong is deemed to have an interest in shares of the Company held by a substantial shareholder by virtue of
Section 7 of the Act.
Except as disclosed in this report, the Directors who held offce at the end of the fnancial year had no other interests in shares, share
options or debentures of the Company or of related corporations, either at the beginning of the fnancial year, or date of appointment
if later, or at the end of the fnancial year.