Asiaone 1-42

14. Trade creditors
FINANCIAL STATEMENTS
136
Proforma Company
November February
As at August 31, 30, 29,
1997 1998 1999 1999 2000
(All figures in thousands) S$ S$ S$ S$ S$
Third parties
Accruals
2 — 56 1 1,199
Staff related costs 1,323 1,284 538 — 577
Legal costs — — — — 200
15. Share capital
1,325 1,284 594 1 1,976
Proforma Company
November February
As at August 31, 30, 29,
1997 1998 1999 1999 2000
S$’000 S$’000 S$’000 S$’000 S$’000
Issued and fully paid:
100,000,000 ordinary shares
of S$0.10 each fully paid — — — — 10,000
Company
February 29,
2000
S$
Authorised:
1,000,000,000 ordinary shares of S$0.10 each 100,000,000
Issued and fully paid up:
2 ordinary shares of S$1.00 each on incorporation 2
9,999,998 ordinary shares of S$1.00 each at par for cash to
increase working capital 9,999,998
10,000,000 1
Sub-division of 10,000,000 ordinary shares of S$1.00 each
into 100,000,000 ordinary shares of S$0.10 each 10,000,000 1
Note:
1 On March 15, 2000, the issued share capital was increased to S$50,000,000. (Refer to note 21 to the financial
statements)
On April 4, 2000, the authorised share capital of 1,000,000,000 ordinary shares of S$0.10 each and the issued
share capital of 500,000,000 ordinary shares of S$0.10 each were sub-divided into 2,000,000,000 and 1,000,000,000
ordinary shares of S$0.05 each respectively. (Refer to note 21 to the financial statements)