74
COSCO Corporation (Singapore) Limited
DIRECTORS’ REPORT
For the financial year ended 31 December 2014
Financial Statements
The directors present their report to the members together with the audited financial statements of the Group for
the financial year ended 31 December 2014 and the balance sheet of the Company as at 31 December 2014.
Directors
The directors of the Company in office at the date of this report are as follows:
Li Yun Peng
Wu Zi Heng
Liu Lian An
Liang Yan Feng (appointed on 8 July 2014)
Ma Zhi Hong
Tom Yee Lat Shing
Wang Kai Yuen
Er Kwong Wah
Ang Swee Tian
Ma Hong Han (alternate director to Ma Zhi Hong)
Li Man (alternate director to Li Yun Peng)
Ouyang Chao Mei (alternate director to Liang Yan Feng, appointed on 8 July 2014)
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
object was to enable the directors of the Company to acquire benefits by means of the acquisition of shares in, or
debentures of, the Company or any other body corporate, other than as disclosed under “Share options” on pages
75 and 76 of this report.
Directors’ interests in shares or debentures
(a)
According to the register of directors’ shareholdings, none of the directors holding office at the end of the
financial year had any interest in the shares or debentures of the Company or its related corporations,
except as follows:
Holdings registered in name of
director or nominee
Holdings in which director is
deemed to have an interest
The Company
(No. of ordinary shares)
At
31.12.2014
At
1.1.2014
At
31.12.2014
At
1.1.2014
Tom Yee Lat Shing
1,400,000
1,400,000
–
–
Wang Kai Yuen
900,000
900,000
100,000
100,000
Er Kwong Wah
650,000
650,000
–
–
Ang Swee Tian
130,000
130,000
5,000
5,000
Number of unissued ordinary
shares under option
At
31.12.2014
At
1.1.2014
Related corporation
China COSCO Holdings Company Limited
- Share Appreciation Rights
Li Yun Peng
1,630,000
1,630,000
Ma Hong Han
60,000
60,000
Li Man
200,000
200,000
