67
DEALINGS IN SECURITIES
The Group has adopted an internal guideline on dealings in the securities of the Company by the Directors, officers and
employees of theCompany and its subsidiaries. TheGroup issues quarterly reminders toDirectors, officers and employees on
the restrictions in dealings in shares of theCompany during the period commencing twoweeks before the announcement of
theCompany’sfinancial results for eachof thefirst threequartersof itsfinancial year; andonemonthbefore theannouncement
of the Company’s full year financial results, and ending on the date of the announcement of the relevant results. Directors
and officers are also reminded not to trade in securities of theCompany at any timewhile in possession of unpublished price
sensitive information and to refrain from dealing in theCompany’s securities on short-term considerations.
ADDITIONAL INFORMATION
INTERESTEDPERSONTRANSACTIONS POLICY
All interested person transactions are subject to reviewby theAC.
For financial year 2013, therewere no interestedperson transactions.
MATERIAL CONTRACTS
There were no material contracts of the Company and its subsidiaries involving the interests of the CEO, each Director or
controlling shareholder, either still subsisting at the end of the financial year or if not then subsisting, entered into since the
end of the previous financial year.
MAJOR PROPERTIES
TheGroupholds the following properties in Singapore:
Location
Description
Tenureof
land
Area
(sqm)
Openmarket
valuation
$’000
6 Pioneer Sector 1
Singapore 628418
A purpose-built shipyard complexwith single-
storeyworkshops, 3-storey office, stores, water
frontage and paint blasting/open fabricating
Expiringon
31December
2023
31,094
14,500
10 Jalan Samulun
Singapore 629124
An existing custom-built premiseswith single-
storeyworkshop, 3-storey office andwater
frontage
Expiringon
31December
2025
10,430
3,000