Location
Description
Area (sqm) Tenure
6Pioneer Sector 1
Singapore628418
Apurpose-built shipyardcomplexwith single-storey
workshops, 3-storeyoffice, stores, water frontage and
paint blasting/open fabricating
31,094 Expiringon
31December
2023
10 JalanSamulun
Singapore629124
Anexistingcustom-built premiseswith single-storey
workshop, 3-storeyoffice andwater frontage
10,430 Expiringon
31December
2025
12A Jalan Samulun
Singapore629131
Anexistingcustom-built premiseswith single-storey
workshop, 3-storeyoffice andwater frontage
5,995 Expiringon
31May 2025
ADDITIONAL INFORMATION
InterestedPersonTransactions
Policy
All interestedperson transactions
are subject to reviewby theAC.
For financial year 2017, therewere
no interestedperson transactions.
MATERIALCONTRACTS
Therewere nomaterial contracts
of theCompany and its
subsidiaries involving the interests
of theCEO, eachDirector or
controlling shareholder, either
still subsisting at the endof
the financial year or if not then
subsisting, entered into since the
endof the previous financial year.
MAJORPROPERTIES
TheGroupholds the following
properties in Singapore:
meeting agenda and responses
from theBoardmembers. These
minuteswill be available to
shareholders upon their request.
TheCompany ensures that every
matter requiring approval is
proposed as a separate resolution.
Since2016, theCompanyhas
conductedelectronicpoll voting at
shareholders’meetings for greater
transparency in the votingprocess.
The results of each resolution
including thenumber of votes
for, or against each resolution are
instantaneouslydisplayed at the
meeting and announced after the
meetings via SGXNet.
DEALINGS INSECURITIES
TheGrouphas put inplace apolicy
ondealings in the securities of the
Company by theDirectors, officers
and employees of theCompany
and its subsidiaries. TheGroup
issues quarterly reminders to
Directors, officers and employees
on the restrictions indealings in
shares of theCompany during the
period commencing twoweeks
before the announcement of the
Company’s financial results for
eachof the first threequarters of
its financial year; andonemonth
before the announcement of
theCompany’s full year financial
results, and endingon thedate
of the announcement of the
relevant results. Directors and
officers are also remindednot to
trade in securities of theCompany
at any timewhile inpossession
of unpublishedprice sensitive
information and to refrain from
dealing in theCompany’s securities
on short-term considerations.
TheDirectors andManagement
are expected toobserve the
insider trading laws at all times
whendealing in securitieswithin
permitted tradingperiod.
. 67
ANNUAL
REPORT
20 1 7
THE BE ST
I N US
