UOB Annual Report 2002 - United Overseas Bank
UOB Annual Report 2002 - United Overseas Bank
UOB Annual Report 2002 - United Overseas Bank
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Arrangements to Enable Directors to Acquire Shares or Debentures<br />
Neither at the end of nor at any time during the financial year was the <strong>Bank</strong> a party to any arrangement whose object was to enable<br />
the directors of the <strong>Bank</strong> to acquire benefits by means of the acquisition of shares in, or debentures of, the <strong>Bank</strong> or any other body<br />
corporate, other than those issued in connection with the <strong>UOB</strong> Executives’ Share Option Scheme and the <strong>UOB</strong> 1999 Share Option<br />
Scheme as set out in this report.<br />
Directors’ Interests in Shares, Share Options and Debentures<br />
(a) The interests of the directors holding office at the end of the financial year in the share capital of the <strong>Bank</strong> and related<br />
corporations according to the register of directors’ shareholdings were as follows:<br />
Number of Ordinary Shares of $1 Each<br />
Shareholdings in which<br />
Shareholdings Registered in Directors are Deemed to<br />
the Name of Directors<br />
have an Interest<br />
At 31.12.<strong>2002</strong> At 1.1.<strong>2002</strong> At 31.12.<strong>2002</strong> At 1.1.<strong>2002</strong><br />
The <strong>Bank</strong><br />
Mr Wee Cho Yaw 16,390,248 16,390,248 209,258,142 146,375,326<br />
Mr Lee Hee Seng 562,341 562,341 223,303 223,303<br />
Mr Wee Ee Cheong 2,794,899 2,794,899 143,985,251 143,985,251<br />
Mr Ngiam Tong Dow – – 4,600 4,600<br />
Mr Ernest Wong Yuen Weng 50,000 70,000 – –<br />
Dr Cham Tao Soon – – 4,520 4,520<br />
Mr Tan Kok Quan – – 95,038 95,038<br />
Mrs Margaret Lien Wen Hsien 99,783 99,783 81,538,287 81,538,287<br />
Mr Ng Boon Yew – – 5,280 5,280<br />
<strong>United</strong> <strong>Overseas</strong> Insurance Limited<br />
Mr Wee Cho Yaw 25,400 25,400 – –<br />
<strong>Overseas</strong> Union Securities Limited<br />
Mr Lee Hee Seng 796,875 796,875 – –<br />
Mrs Margaret Lien Wen Hsien – – 15,625 15,625<br />
Industrial & Commercial <strong>Bank</strong> Limited<br />
Mr Wee Ee Cheong – – – 356,000<br />
<strong>Overseas</strong> Union Trust Limited<br />
Mr Lee Hee Seng – 74,000 – –<br />
Mrs Margaret Lien Wen Hsien – 56,600 – 133,900<br />
(b)<br />
According to the register of directors’ shareholdings, no director holding office at 31 December <strong>2002</strong> had any interest in the<br />
share options in, or debentures of the <strong>Bank</strong> and related corporations.<br />
(c) There was no change in any of the above-mentioned interests between the end of the financial year and 21 January 2003<br />
(being the 21 st day after the end of the financial year).<br />
UNITED OVERSEAS BANK 81