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U N I T E D M A L AYA N L A N D B H D ( 4 1 3 1 - M )
Directors’ Report FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2009
DIRECTORS’ INTERESTS IN SHARES AND DEBENTURES
According to the Register of Directors’ Shareholdings, particulars of interests of Directors who held office at the end of the financial year in the shares of the Company are as follows: Number of ordinary shares of RM1.00 each As at 1.1.2009 ‘000
Acquired ‘000
Disposed ‘000
As at 31.12.2009 ’000
6,525 7,151 10
– – –
– – –
6,525 7,151 10
28,607 17,829
1,860 –
(1,500) –
28,967 17,829
Shareholdings in the name of the Director Dato’ Ng Eng Tee Ng Eng Soon Datuk Syed Ahmad Khalid bin Syed Mohammed Shareholdings in which the Director is deemed to have an interest Dato’ Ng Eng Tee Ng Eng Soon
Dato’ Ng Eng Tee and Ng Eng Soon by virtue of their direct and indirect interests in the Company, are deemed to have an interest in the shares of the subsidiary companies to the extent the Company has an interest. Other than as disclosed above, according to the Register of Directors’ Shareholdings, the Directors in office at the end of the financial year did not hold any interest in shares, options over ordinary shares or debentures in the Company and its related corporations during the financial year.
S TAT U T O R Y I N F O R M AT I O N O N T H E F I N A N C I A L S TAT E M E N T S
Before the income statements and balance sheets were made out, the Directors took reasonable steps: (a)
to ascertain that proper action had been taken in relation to the writing off of bad debts and the making of allowance for doubtful debts and satisfied themselves that all known bad debts had been written off and that adequate allowance had been made for doubtful debts; and
(b)
to ensure that any current assets, other than debts, which were unlikely to realise in the ordinary course of business their values as shown in the accounting records of the Group and Company had been written down to an amount which they might be expected so to realise.
At the date of this report, the Directors are not aware of any circumstances: (a)
which would render the amounts written off for bad debts or the amount of the allowance for doubtful debts in the financial statements of the Group and Company inadequate to any substantial extent; or
(b)
which would render the values attributed to current assets in the financial statements of the Group and Company misleading; or
(c)
which have arisen which render adherence to the existing method of valuation of assets or liabilities of the Group and Company misleading or inappropriate.