34
ANNUAL REPORT 2015/2016
The Directors are pleased to present their statement to the members together with the audited consolidated financial
statements of MTQ Corporation Limited (the “Company”) and its subsidiaries (collectively, the “Group”) and the balance
sheet and statements of changes in equity of the Company for the financial year ended 31 March 2016.
OPINION OF THE DIRECTORS
In the opinion of the Directors,
(a)
the accompanying balance sheets, consolidated statement of comprehensive income, statements of changes in
equity, and consolidated statement of cash flows together with notes thereto 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 March 2016 and the financial
performance of the business, changes in equity and cash flows of the Group and the changes in equity of the
Company for the year ended on that date, 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.
DIRECTORS
The Directors of the Company in office at the date of this statement are:
Kuah Kok Kim
Kuah Boon Wee
Nicholas Campbell Cocks
Chew Soo Lin
Christopher Ho Han Siong
Huang Yuan Chiang
Ong Choo Eng
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 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' INTERESTS IN SHARES, SHARE OPTIONS 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, 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
The Company
At
1.4.2015
At
31.3.2016
At
21.4.2016
At
1.4.2015
At
31.3.2016
At
21.4.2016
(Ordinary shares)
Kuah Kok Kim
37,319,582 37,319,582 37,319,582
–
–
–
Kuah Boon Wee
4,522,322 4,522,322 4,522,322
–
–
–
Huang Yuan Chiang
157,320
157,320
157,320
–
–
–
DIRECTORS’
STATEMENT
