53
2015/2016 ANNUAL REPORT
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2016
DIRECTORS’
TEMENT
for the fi ancial year ended 31 March 1
The directors of Singapore Shipping Corporation Limited (the “Company”) present their statement together
with the audited consolidated financial statements of the Company and its subsidiaries (collectively, the
“Group”) for the financial year ended 31 March 2016.
In the opinion of the directors:
(a)
the consolidated financial statements of the Group set out on pages 60 to 130 are drawn up so as
to give a true and fair view of the financial position of the Group and the Company as at 31 March
2016 and the financial performance, changes in equity and cash flows of the Group for the financial
year ended 31 March 2016; 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 consolidated financial
statements to be issued.
DIRECTORS
The directors of the Company in office at the date of this statement are as follows:
Ow Chio Kiat
(Executive Chairman)
Ow Cheo Guan
(Executive Deputy Chairman)
Ow Yew Heng
(Chief Executive Officer)
Tan Guong Ching
Ng Jui Ping
Stanley Lai Tze Chang
DIRECTORS’ INTERESTS IN SHARES AND DEBENTURES
According to the register of directors’ shareholdings kept by the Company for the purposes of Section 164
of the Singapore Companies Act, Chapter 50 (the “Act”), the particulars of interests of directors who held
office at the end of the financial year in shares, debentures, warrants and share options in the Company
and its related corporations are as follows:
