Financial Statement - Aztech Group Ltd - Investor Relations

First Quarter ended 31 March 2012 Financial Statement And Dividend Announcement
PART I - INFORMATION REQUIRED FOR ANNOUNCEMENTS OF QUARTERLY (Q1, Q2 & Q3),
HALF-YEAR AND FULL YEAR RESULTS
1(a) An income statement (for the group) together with a comparative statement for the corresponding
period of the immediately preceding financial year.
GROUP
31.03.12 31.03.11 Change
$'000 $'000 %
Revenue 69,883 43,775 59.6
Cost of sales (64,234) (40,731) 57.7
Gross profit 5,649 3,044 85.6
Other operating income 2,908 909 219.9
Selling and distribution costs (1,282) (1,275) 0.5
Administrative expenses (4,390) (3,886) 13.0
Impairment loss on vessels - (19,402) n.m.
Finance costs (391) (300) 30.3
Profit (Loss) before income tax 2,494 (20,910) n.m.
Income tax (474) (101) 369.3
Net profit (loss) for the period 2,020 (21,011) n.m.
Other comprehensive income
Exchange differences on translation of foreign
operations, net of tax (1,879) (771) 143.7
Total comprehensive income (loss) for the period 141 (21,782) n.m.
Profit (loss) attributable to:
Shareholders of the Company 2,020 (21,011) n.m.
Non-controlling interests - - -
Total comprehensive income (loss) attributable to:
Shareholders of the Company 141 (21,782) n.m.
Non-controlling interests - - -
n.m. Not meaningful
Page 1 of 16

Profit (Loss) before income tax is arrived at after crediting
(charging) the following:
GROUP
31.03.12 31.03.11 Change
$’000 $’000 %
1. Interest income 69 53 30.2
2. Interest expense (305) (246) 24.0
3. Depreciation (1,282) (1,657) (22.6)
4. Amortisation of intangible assets (658) (748) (12.0)
5. Fair value gain on derivatives financial instruments 56 185 (69.7)
6. Gain (Loss) on disposal of property, plant and equipment 110 (275) n.m.
7. Impairment loss on vessels - (19,402) n.m.
8. Net exchange gain 2,198 304 623.0
9. Finance costs, including: (391) (300) 30.3
a) Bank charges (86) (54) 59.3
b) Interest expenses for:
Bills payable and short-term trade loans (163) (60) 171.7
Finance leases - (2) n.m.
Vessel loans (62) (84) (26.2)
Revolving loans and term loans (80) (100) (20.0)
n.m. Not meaningful
Page 2 of 16

1(b)(i) A balance sheet (for the issuer and group), together with a comparative statement as at the end of the
immediately preceding financial year.
ASSETS
GROUP
COMPANY
31.03.12 31.12.11 Change 31.03.12 31.12.11 Change
$'000 $'000 % $'000 $'000 %
Current assets:
Cash and bank balances 29,059 39,903 (27.2) 11,614 15,263 (23.9)
Trade receivables 30,185 33,810 (10.7) - - -
Other receivables and
prepayments 8,210 7,055 16.4 11,457 11,769 (2.7)
Tax recoverable 143 260 (45.0) - -
Derivative financial instruments 27 30 (10.0) - - -
Inventories 29,435 29,040 1.4 - - -
Total current assets 97,059 110,098 (11.8) 23,071 27,032 (14.7)
Non-current assets:
Investment in subsidiaries - - - 85,086 84,729 0.4
Available-for-sale financial
assets 412 412 - 405 405 -
Other financial assets (Note 1) 1,990 990 101.0 1,990 990 101.0
Property, plant and equipment 52,126 53,325 (2.2) 262 283 (7.4)
Trade receivables 2,099 2,292 (8.4) - - -
Intangible assets 3,726 3,833 (2.8) - - -
Deferred tax assets 47 74 (36.5) - - -
Total non-current assets 60,400 60,926 (0.9) 87,743 86,407 1.5
Total assets 157,459 171,024 (7.9) 110,814 113,439 (2.3)
Note 1: Other financial assets included held-to-maturity investment carried at amortised cost of $0.99 million and
financial asset carried at fair value through profit or loss of $1.00 million.
Page 3 of 16

LIABILITIES AND
EQUITY
Current liabilities:
GROUP
COMPANY
31.03.12 31.12.11 Change 31.03.12 31.12.11 Change
$'000 $'000 % $'000 $'000 %
Trade payables 25,582 26,478 (3.4) - - -
Other payables and
provisions 7,522 7,832 (4.0) 27,723 30,379 (8.7)
Income tax payable 91 44 106.8 7 7 -
Borrowings 37,132 48,255 (23.1) 3,517 3,640 (3.4)
Derivative financial
instruments 37 70 (47.1) - - -
Total current liabilities 70,364 82,679 (14.9) 31,247 34,026 (8.2)
Non-current liabilities:
Borrowings 6,428 7,840 (18.0) - - -
Deferred tax liabilities 395 374 5.6 4 4 -
Total non-current
liabilities 6,823 8,214 (16.9) 4 4 -
Total liabilities 77,187 90,893 (15.1) 31,251 34,030 (8.2)
Capital and reserves:
Share capital 121,447 121,447 - 121,447 121,447 -
Treasury shares (5,875) (5,875) - (5,875) (5,875) -
Investment revaluation
reserve 89 89 - 89 89 -
Foreign currency
translation reserve (9,300) (7,421) 25.3 - - -
Employee share-based
compensation reserve 835 835 - 835 835 -
Accumulated losses (26,924) (28,944) (7.0) (36,933) (37,087) (0.4)
Total equity 80,272 80,131 0.2 79,563 79,409 0.2
Total liabilities and equity 157,459 171,024 (7.9) 110,814 113,439 (2.3)
n.m: Not meaningful
Page 4 of 16

1(b)(ii) Aggregate amount of group's borrowings and debt securities.
Detail of borrowings:
GROUP
COMPANY
31.03.12 31.12.11 31.03.12 31.12.11
$’000 $’000 $’000 $’000
Current
Unsecured
Bills discounted with recourse - 192 -
Bills payable 9,953 13,882 - -
Export trade loans 14,137 17,299 - -
Revolving loans 7,639 10,508 3,517 3,640
Term loans 2,088 2,975 - -
Secured
Vessel loans 3,315 3,399 - -
37,132 48,255 3,517 3,640
Non-current
Unsecured
Term loans 1,535 1,958 - -
Secured
Vessel loans 4,893 5,882 - -
6,428 7,840 - -
Total borrowings 43,560 56,095 3,517 3,640
Page 5 of 16

The borrowings are repayable as follows:
GROUP
COMPANY
31.03.12 31.12.11 31.03.12 31.12.11
$’000 $’000 $’000 $’000
On demand or within one year 37,132 48,255 3,517 3,640
In the second year 6,038 7,233 - -
In the third year 390 607 - -
In the fourth year - - - -
In the fifth year - - - -
After five years - - - -
43,560 56,095 3,517 3,640
Less: Amount due for settlement
within 12 months (shown under
current liabilities) (37,132) (48,255) (3,517) (3,640)
Amount due for settlement after
12 months 6,428 7,840 - -
Bank borrowings
1) Trade finance:
The Group has banking facilities related to bills discounted with recourse, trade bills payable, revolving credit,
export trade loan, and bank overdrafts of $78,109,000 (FY2011: $78,730,000), of which $31,729,000 (FY2011:
41,881,000) was utilized as at 31 March 2012. These banking facilities are secured by a corporate guarantee
from the Company. These banking facilities bear interest rates from 1.9% to 5.8% (FY2011: 1.2% to 5.8%) per
annum.
2) Term loans:
The term loans comprise of:
i) an amount of $7,190,000 denominated as US$5,000,000 extended to a subsidiary of the Company in 2008.
The loan bore an interest of 1.5% per annum over LIBOR or the Lender’s cost of funds, whichever is higher,
repayable in 36 equal monthly principal installments commencing in June 2009 (FY2009: US$1,006,000,
FY2010: US$1,754,000, FY2011: US$1,787,000, FY2012: US$453,000). As at 31 March 2012, the loan was
fully settled (FY2011: $589,000 denominated as US$453,000).
ii) an amount of $7,190,000 denominated as US$5,000,000 extended to a subsidiary of the Company in 2008.
The loan bore interest of 1.75% per annum over LIBOR or the Lender’s cost of funds, whichever is higher,
repayable in 8 equal quarterly installments commencing in November 2009 (FY2009: US$625,000, FY2010:
US$2,500,000, FY2011: US$1,875,000). The loan was fully settled in FY2011.
iii) an amount of $2,186,000 denominated as HK$12,000,000 extended to a subsidiary of the Company in 2009.
The loan bears an interest of 1.75% per annum over HIBOR repayable in 60 monthly installments commencing
in November 2009 (FY2009: HK$383,000, FY2010: HK$2,315,000, FY2011: HK$2,358,000 FY2012:
HK$2,406,000, FY2013: HK$2,455,000, FY2014: HK$2,083,000). As at 31 March 2012, the loan has an
outstanding balance of $1,022,000 (FY2011: $1,158,000) denominated as HK$6,345,000 (FY2011:
HK$6,944,000).
iv) an amount of $3,290,000 denominated as HK$20,000,000 extended to a subsidiary of the Company in
October 2010. The loan bears an interest of 2.5% per annum below HK dollar prime rate repayable in 12
quarterly installments commencing in January 2011 (FY2011: HK$6,400,000, FY2012: HK$6,400,000,
FY2013: HK$7,200,000). As at 31 March 2012, the loan has an outstanding balance of $1,933,000 (FY2011:
$2,269,000) denominated as HK$12,000,000 (FY2011: HK$13,600,000).
Page 6 of 16

v) an amount of $2,000,000 extended to a subsidiary of the Company during the year. The loan bears an interest
of 2% per annum above the Lender’s cost of funds repayable in 24 monthly installments commencing in
December 2010 (FY2010: $83,300, FY2011: $999,600, FY2012: $917,100). As at 31 March 2012, the loan has
an outstanding balance of $667,200 (FY2011: 917,100).
3) Vessel loan
i) The vessel loan of approximately $16,994,000 (FY2008: $13,983,000) denominated in US$11,732,000
(FY2008: US$9,723,000) was extended to a subsidiary of the Company to purchase 2 tug boats and 6 barges.
The loan bears an interest of 1.85% per annum over USD SIBOR repayable over 5 years commencing in May
2009. (FY2009: US$1,391,000, FY2010: US$2,831,000, FY2011: US$1,923,000, FY2012: US$1,923,000 and
FY2013: US$3,664,000). The vessel loan is secured by first priority mortgage over the vessels and a corporate
guarantee from the Company. As at 31 March 2012, the vessel loan has an outstanding balance of $6,413,000
(FY2011: $7,261,000) denominated as US$5,106,000 (FY2011: US$5,587,000)
ii) The vessel loan of approximately $1,920,000 was extended to a subsidiary of the Company to purchase a tug
boat in FY2009. The loan bears a fixed interest rate of 5.2% per annum repayable in 48 equal monthly
installments commencing in December 2009 (FY2009: $40,000, FY2010: $480,000, FY2011: $480,000,
FY2012: $480,000, FY2013: $440,000). The vessel loan is secured by first priority mortgage over the vessel and
a corporate guarantee from the Company. As at 31 March 2012, the vessel loan has an outstanding balance of
$800,000 (FY2011: $920,000).
iii) The vessel loan of approximately $1,520,000 was extended to a subsidiary of the Company to purchase a
barge in December 2010. The loan bears a fixed interest rate at 5.0% per annum repayable in 48 equal monthly
installments commencing in January 2011 (FY2011: $420,000, FY2012: $420,000, FY2013: $420,000,
FY2014: $260,000). The vessel loan is secured by first priority mortgage over the vessel and a corporate
guarantee from the Company. As at 31 March 2012, the vessel loan has an outstanding balance of $995,000
(FY2011: $1,100,000).
As at 31 March 2012, where applicable, the Group obtained waiver from bankers for non-compliance of
banking financial covenants.
Page 7 of 16

1(c) A cash flow statement (for the group), together with a comparative statement for the corresponding
period of the immediately preceding financial year.
Operating activities:
Group
3 months ended 3 months ended
31.03.12 31.03.11
$'000
$'000
Profit (Loss) before income tax 2,494 (20,910)
Adjustments for:
Share based payment - (68)
Allowance for inventory obsolescence 81 13
Depreciation 1,282 1,657
(Gain) Loss on disposal of property, plant and equipment (110) 275
Impairment loss on vessels - 19,402
Amortization of intangible assets 658 748
Fair value gain on derivative financial instruments (56) (185)
Interest income (69) (53)
Interest expense 305 246
Net foreign exchange gain (2,039) (318)
Operating cash flows before movement in working capital 2,546 807
Trade receivables 3,209 1,601
Other receivables and prepayments (1,206) 1,696
Inventories (1,298) (2,651)
Trade payables (322) 371
Other payables (250) 1,509
Cash generated from operations 2,679 3,333
Interest paid (305) (246)
Income tax paid (262) 6
Net cash from operating activities 2,112 3,093
Page 8 of 16

3 months ended 3 months ended
31.03.12 31.03.11
$'000
$'000
Cash flows from investing activities:
Proceeds from disposal of property, plant and equipment 114 22
Purchase of financial assets (1,000) (990)
Purchase of property, plant and equipment (423) (387)
Intangible assets (551) (613)
Interest received 69 53
Net cash used in investing activities (1,791) (1,915)
Cash flows from financing activities:
Repayment of obligations under finance leases - (120)
Proceeds from bank borrowings 44,600 14,142
Repayment of bank borrowings (55,472) (20,040)
Proceeds from derivative financial instruments 26 180
Net cash used in financing activities (10,846) (5,838)
Net decrease in cash and cash equivalents (10,525) (4,660)
Effects of exchange rate changes on the balance of cash held in foreign
currencies (319) (309)
Cash and cash equivalents at beginning of period 39,903 30,017
Cash and cash equivalents at end of period 29,059 25,048
Page 9 of 16

1(d)(i) A statement (for the issuer and group) showing either (i) all changes in equity or (ii) changes in equity
other than those arising from capitalization issues and distributions to shareholders, together with a
comparative statement for the corresponding period of the immediately preceding financial year.
Latest Period
Share
capital
Treasury
shares
Warrant
reserve
Investment
revaluation
reserve
Foreign
currency
translation
reserve
Employee sharebased
compensation
reserve
Accumulated
losses
Group $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000
Balance at
1 January 2012 121,447 (5,875) - 89 (7,421) 835 (28,944) 80,131
Total comprehensive
income for the period - - - - (1,879) - 2,020 141
Balance at
31 March 2012 121,447 (5,875) - 89 (9,300) 835 (26,924) 80,272
Total
Previous
corresponding period
Balance at
1 January 2011 121,447 (5,636) - 200 (8,264) 967 (2,637) 106,077
Employees’ share
option benefit - - - - - (68) - (68)
Total comprehensive
loss for the period - - - - (771) - (21,011) (21,782)
Balance at
31 March 2011 121,447 (5,636) - 200 (9,035) 899 (23,648) 84,227
Page 10 of 16

Share
capital
Treasury
shares
Warrant
reserve
Investment
revaluation
reserve
Employee
share-based
compensation
reserve
Accumulated
losses
Company $'000 $'000 $'000 $'000 $'000 $’000 $’000
Latest Period
Balance at
1 January 2012 121,447 (5,875) - 89 835 (37,087) 79,409
Total comprehensive
income for the period - - - - - 154 154
Balance at
31 March 2012 121,447 (5,875) - 89 835 (36,933) 79,563
Total
Previous
Corresponding
Period
Balance at
1 January 2011 121,447 (5,636) - 200 967 (1,468) 115,510
Employees’ share
option benefit - - - - (68) - (68)
Total comprehensive
loss for the period - - - - - (33,559) (33,559)
Balance at
31 March 2011 121,447 (5,636) - 200 899 (35,027) 81,883
Page 11 of 16

1(d)(ii) Details of any changes in the company's share capital arising from rights issue, bonus issue, share
buy-backs, exercise of share options or warrants, conversion of other issues of equity securities, issue of
shares for cash or as consideration for acquisition or for any other purpose since the end of the previous
period reported on. State also the number of shares that may be issued on conversion of all the outstanding
convertibles as at the end of the current financial period reported on and as at the end of the corresponding
period of the immediately preceding financial year.
Share Capital
Ordinary shares issued and fully paid
2012
’000
2011
’000
Number of ordinary shares
2012
$’000
2011
$’000
Balance as at 1 January and 31 March 510,077 510,077 121,447 121,447
2012
’000
Number of
Share Options
2011
’000
2012
’000
Number of
2012 Warrants
Balance as at 1 January 7,506 10,432 80,949 80,949
Forfeited - (855) - -
Balance as at 31 March 7,506 9,577 80,949 80,949
2011
’000
As at 31 March 2012, there were 7,506,445 (FY2011: 7,506,445) unissued ordinary shares under exercisable
options granted and unexercised under Aztech Group Employee Share Option Scheme 2000.
As at 31 March 2012, there were 80,949,223 (FY2011: 80,949,223) outstanding convertible warrants with exercise
price at $0.20 for each ordinary share.
Treasury Shares
Ordinary shares issued and fully paid
2012
’000
2011
’000
Number of treasury shares
2012
$’000
2011
$’000
Balance as at 1 January and 31 March 23,801 21,859 5,875 5,636
The Companies Act was amended to allow companies to hold Treasury Shares after 30 January 2006. Pursuant to a
share purchase mandate (“Share Purchase Mandate”) approved by shareholders on 12 April 2006 and renewed on
10 April 2007, the Company purchased a total of 23,801,000 shares through market purchase on the Singapore
Exchange Securities Trading Limited during the period. The total amount paid to acquire shares pursuant to the
Share Purchase Mandate was $5,875,000 and has been deducted from shareholders’ equity. The repurchased shares
are held as “Treasury Shares”.
1 (d)(iii) Total number of issued shares excluding treasury shares
31.03.12
’000
31.12.11
’000
Number of ordinary shares 510,077 510,077
Treasury shares (23,801) (23,801)
Number of issued shares excluding treasury shares 486,276 486,276
Page 12 of 16

1 (d)(iv) Statement showing all sales, transfers, disposal, cancellation and/or use of treasury shares as at the
end of the current financial period reported on.
Please refer to 1(d)(ii)
2. Whether the figures have been audited, or reviewed and in accordance with which auditing standard or
practice.
These figures have not been audited nor reviewed by the auditors.
3. Where the figures have been audited or reviewed, the auditors' report (including any qualifications or
emphasis of a matter).
Not applicable.
4. Whether the same accounting policies and methods of computation as in the issuer's most recently audited
annual financial statements have been applied.
The same accounting policies and methods of computation have been applied in the financial statements as in the
most recently audited annual financial statements as at 31 December 2011 except for the adoption of Financial
Reporting Standards (“FRSs”) which are relevant to the Group’s operations and became effective for the financial
years beginning on or after 1 January 2012.
5. If there are any changes in the accounting policies and methods of computation, including any required by
an accounting standard, what has changed, as well as the reasons for, and the effect of, the change.
The adoption of the new and revised FRSs have no material effect on the Group’s and Company’s accounting
policies or have any significant impact on the financial statements.
6. Earnings per ordinary share of the group for the current financial period reported on and the
corresponding period of the immediately preceding financial year, after deducting any provision for
preference dividends.
Earnings (Loss) per share (EPS)
GROUP
31.03.12 31.03.11
(in cents)
(in cents)
(a) Based on weighted average number of
ordinary shares in issue 0.42 (4.30)
(b) On a fully diluted basis 0.42 (4.30)
Earnings (Loss) per share for 1Q2012 and 1Q2011 have been computed based on the weighted average share
capital of 486,275,836and 488,217,836 shares respectively.
Page 13 of 16

7. Net asset value (for the issuer and group) per ordinary share based on issued share capital of the issuer at
the end of the (a) current financial period reported on; and (b) immediately preceding financial year.
GROUP
COMPANY
31.03.12 31.12.11 31.03.12 31.12.11
(in cents) (in cents) (in cents) (in cents)
Net asset value per ordinary share 16.51 16.48 16.36 16.33
Net tangible asset value per ordinary share 15.74 15.69 16.36 16.33
The Group’s and the Company’s net assets value per ordinary share as at 31 March 2012 and 31 December 2011
have been computed based on the share capital of 486,275,836 shares.
8. A review of the performance of the group, to the extent necessary for a reasonable understanding of the
group's business. It must include a discussion of the following:-
(a) any significant factors that affected the turnover, costs, and earnings of the group for the current
financial period reported on, including (where applicable) seasonal or cyclical factors; and
(b) any material factors that affected the cash flow, working capital, assets or liabilities of the group during
the current financial period reported on.
Review of Group’s performance
Financial Summary
$’million 2011
1Q
2011
2Q
2011
3Q
2011
4Q
2012
1Q
Revenue
Electronics
ODM/OEM 14.06 15.69 10.58 8.72 7.95
Contract Manufacturing 20.51 34.41 28.39 19.04 19.89
Retail Distribution 7.20 5.19 5.93 5.81 7.00
Sub-total 41.77 55.29 44.90 33.57 34.84
Materials Supply 0.09 0.77 11.21 42.56 33.59
Marine logistic 0.05 0.30 0.14 - 0.41
Others 1.87 0.89 0.60 1.44 1.04
Total Revenue 43.78 57.25 56.85 77.57 69.88
Gross Profit Margin % 7.0% 11.0% 5.9% 6.2% 8.1%
Net profit (loss) (21.01) 1.39 (3.80) (1.55) 2.02
Net Profit Margin % n.a. 2.4% n.a. n.a. 2.9%
Revenue by Region
$’million 1Q 2011 2Q 2011 3Q2011 4Q2011 1Q 2012
Europe 23.89 36.34 28.54 20.88 22.36
North and South America 7.92 10.04 6.55 3.88 3.45
Asia Pacific 9.61 8.80 19.36 52.31 43.68
Others 2.36 2.07 2.40 0.50 0.39
Total 43.78 57.25 56.85 77.57 69.88
Page 14 of 16

Results for 1Q2012
Revenue
Turnover of the Group for 1Q2012 increased by 59.6% to $69.88 million over the same period last year which was
attributable to the contract of supplying infrastructure materials. The Electronics revenue was decreased by 16.6%
to $34.84 million due to weaker demand from customers.
The gross profit grew by 85.6% to $5.65 million in 1Q2012 (1Q2011: $3.04 million) and the gross profit margin
increased to 8.1% in 1Q2012 compared to 7.0% in 1Q2011. The increase was attributable to the varying customer
and product mixes in Electronics segment and improvement in Materials and Marine segment.
Other operating income increased from $0.91 million in 1Q2011 to $2.91 million in 1Q2012, arising mainly from
the foreign exchange gain of $1.89 million.
The total operating costs rose by 11.0% to $6.06 million (1Q2011: $5.46 million) mainly due to the increased
general administrative expenses.
Net profit attributable to shareholders for the period was $2.02 million, compared to net loss of $21.01 million in
the previous year. Earnings per share for 1Q2012 were recorded at 0.42 cents (1Q2011: Loss per share: 4.30 cents).
Financial Resources
As at 31 March 2012, the Group has net current assets of $26.70 million, total assets of $157.46 million and
shareholders’ funds of $80.27 million. During the period, the Group generated positive cash inflow of $2.11 million
(1Q2011: $3.09 million) from operations.
The cash and bank balances reduced by 27.2% primarily because of net repayment of bank borrowings of $10.87
million and purchase of investment bond of $1.00 million. The total bank borrowings reduced by 22.3% to $43.56
million while other financial assets increased by 101.0% to $1.99 million as at 31 March 2012.
The overall financial position of the Group remained sound with a current ratio of 1.4 (FY2011: 1.3) and net
gearing of 0.2 (FY2011: 0.2). With cash balance of $29.06 million together with anticipated cash flow from
operations and borrowings available under existing credit facilities, the Group will have sufficient funds to support
its operations and capital expenditure requirements.
9. Where a forecast, or a prospect statement, has been previously disclosed to shareholders, any variance
between it and the actual results.
The 1Q2012 financial results are in line with the prospect statement made in 4Q2011 announcement dated 14
February 2012.
10. A commentary at the date of the announcement of the significant trends and competitive conditions of
the industry in which the group operates and any known factors or events that may affect the group in the
next reporting period and the next 12 months.
The overall global economy remains challenging. The currency fluctuation, increasing oil price and costs pressure
will remain a recurring theme for 2012.
Barring any unforeseen circumstances, the Group is cautiously optimistic of opportunities and growth in the LED
lighting industry and infrastructure materials supply market.
Page 15 of 16

11. Dividend.
(a) Current Financial Period Reported On
Any dividend declared for the current financial period reported on No
(b) Corresponding Period of the Immediately Preceding Financial Year
Any dividend declared for the corresponding period of the immediately preceding financial year No
(c) Date payable
Not applicable
(d) Books closure date
Not applicable
12. If no dividend has been declared/recommended, a statement to that effect.
Not applicable
13. If the Group has obtained a general mandate from shareholders for Interested Person Transactions
("IPTs"), the aggregate value of such transactions as required under Rule 920(1)(a)(ii). If no IPT mandate
has been obtained, a statement to that effect.
Not applicable.
CONFIRMATION BY THE BOARD
On behalf of the Board of Directors of the Company, we, the undersigned, hereby confirm to the best of our
knowledge that nothing has come to the attention of the Board of Directors of the Company which may render the
financial statements for the first quarter ended 31 March 2012 to be false or misleading.
On behalf of the Board of Directors
Michael Mun Hong Yew
CEO and Chairman
Martin Chia Heok Miin
Executive Director
Page 16 of 16