46
Cordlife Group Limited
Annual Report 2016
Directors’
Statement
The Directors are pleased to present their statement to the members together witih the audited consolidated financial
statements of Cordlife Group Limited (the “Company”) and its subsidiaries (collectively, the “Group”) and the statement
of financial position and statement of changes in equity of the Company for the financial year ended 30 June 2016.
Opinion of the Directors
In the opinion of the Directors,
(i)
the consolidated financial statements of the Group and the statement of financial position and statement of
changes in equity of the Company 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 30 June 2016 and of the financial performance, changes in equity and cash
flows of the Group and changes in equity of the Company for the year ended on that date; and
(ii)
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:
Dr Ho Choon Hou
Dr Wong Chiang Yin
(Appointed on 1 July 2016)
Ms Tan Poh Lan
(Appointed on 12 April 2016)
Mr Ho Sheng
Dr Goh Jin Hian
Mr Joseph Wong Wai Leung
Mrs Eileen Tay-Tan Bee Kiew
Mr Chen Bing Chuen, Albert
(Appointed on 29 April 2016)
Ms Wang Taiyang
(Appointed on 29 April 2016)
Mr Hu Minglie
(Appointed on 29 April 2016)
Arrangements to enable Directors to acquire shares and debentures
Except as disclosed in this statement, 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 objectives 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 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, 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 beginning of
At beginning of
Name of directors and
the year/date of
At end
the year/date of
At end
company in which interests are held
appointment
of the year
appointment
of the year
Cordlife Group Limited
Ordinary shares
Dr Ho Choon Hou
792,061
792,061
–
–
Mr Ho Sheng
–
–
250,000
302,000
Mr Ho Han Siong Christopher
(Appointed on 29 April 2016 and
resigned on 4 October 2016)
4,500,000
4,500,000
–
–
Mr Hu Minglie
–
–
55,509,400
55,509,400
