Other Corporate Disclosure
Share Buybacks, Options, Warrants or Convertible Securities
The Company did not enter into any share buybacks transaction and has not issued any options, warrants or convertible securities during the financial year.
American Depository Receipt (ADR) Global Depository Receipt (GDR) Programme
The Company did not sponsor any ADR or GDR programmes during the financial year.
Sanctions and/or Penalties
There were no sanctions and/or penalties imposed on the Company or its subsidiaries, Directors or management by the relevant regulatory bodies.
During the financial year ended 31 December 2009, there was no amount payable to the external auditors for non- audit services rendered.
Profit Estimate, Forecast, Projection or Unaudited Results
There was no significant variance between the results for the financial year ended 31 December 2009 and the unaudited results previously announced.
During the financial year ended 31 December 2009, there was no profit guarantee given by the Company.
There were no material contracts with the Company and its subsidiaries involving Directors’ and major shareholders’ interest.
Revaluation Policy on Landed Properties
The Company does not have a policy of revaluation on landed properties.
eDividend (Electronic Dividend)
The Company will be providing eDividend – a service which enables the Company to electronically pay the shareholders’ dividend entitlements directly into their accounts instead of making payment via bank cheques. Shareholders are given a grace period of one (1) year from 19 April 2010 until 18 April 2011 to provide their bank account information to their Authorised Depository Agent (ADA) in order to benefit from the advantages of eDividend.
Utilisation of Proceeds
The proceeds from the disposal of land and building announced on 6 May 2009 has been fully utilised and as disclosed in the Company's Quarterly Report for the period ended 30 September 2009.
Annual Report 2009