In our opinion:
(a)
the financial statements set out on pages 6 to15 are drawn up so as to give a true and fair view of the state of affairs of the
Company as at 31 December 2014 and the results, changes in equity and cash flows of the Company 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, having regard to the continuing financial support from the immediate holding company, 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.
On behalf of the Board of Directors
Wong Hong Ren
Director
Yeo Wee Eng Vincent
Director
13 March 2015
STATEMENT BY DIRECTORS
4
ANNUAL REPORT 2014
