Annual Report - QuamIR

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Report of the Directors (Continued) Directors’ Right to Acquire Shares or Debentures Save as disclosed above, at no time during the year was the Company or any of its subsidiaries a party to any arrangement that enabled the Directors or any of their spouses or children under the age of 18 to acquire benefits by means of the acquisition of shares in, or debentures of, the Company or any other body corporate. Directors’ and Controlling Shareholders’ Interests in Contracts of Significance Save as disclosed under the headings “Continuing Connected Transactions” in this Report of Directors and “Related Party Transactions” in note 42 to the consolidated financial statements, no contract of significance to which the Company or any of its subsidiaries was a party and in which a Director had a material interest, whether directly or indirectly, subsisted at the end of the year or at any time during the year. Directors’ Interests in Competing Businesses Mr. OEI Tjie Goan is the chairman and a director of PT. Sinar Mas, a company together with its subsidiaries, associates, including Asia Pulp & Paper Company, Ltd., and its holding companies (if any) (the “Sinar Mas Group”) are engaged in, among other things, general trading and property development and investment. Save as disclosed above, Mr. OEI Tjie Goan is not interested in any business which competes or is likely to compete, either directly or indirectly, with the business of the Group. Mr. OEI Kang, Eric, a member of the Oei Family and a son of Mr. OEI Tjie Goan, does not hold any directorship in the Sinar Mas Group. 18 42 PT. Sinar MasPT. Sinar Mas Mr. OEI Kang, Eric and Mr. CHANG Li Hsien, Leslie are the executive directors of CRE whose principal business activities are alternative energy business. Mr. FAN Yan Hok, Philip is a non-executive director of China Everbright International Limited, an independent non-executive director of Hysan Development Company Limited and an independent director of Goodman Group. Part of the business activities of China Everbright International Limited, Hysan Development Company Limited and Goodman Group includes alternative energy business, infrastructure, property investment, development and management and construction and engineering. Goodman Group Goodman Group 52 HKC (Holdings) Limited • Annual Report 2011
Report of the Directors (Continued) Directors’ Interests in Competing Businesses (Continued) Having considered that the Company itself has its own management supervising the daily operation and making financial and business decisions, the Company can operate its business independently from the Sinar Mas Group, CRE, China Everbright International Limited, Hysan Development Company Limited and Goodman Group. Goodman Group Save as disclosed above, none of the Directors or their respective associate(s) was interested in any business which competes or is likely to compete, either directly or indirectly, with the business of the Group. Substantial Shareholders’ Interests in Securities At 31 December 2011, the following persons (other than a Director or chief executive of the Company) had interests or short positions in the shares and underlying shares of the Company as recorded in the register required to be kept under section 336 of the SFO: Long positions in the shares and underlying shares of the Company 336 Name of Shareholders Nature of interest Number of shares and underlying shares of the Company Approximate percentage of existing issued share capital of the Company OEI Valonia Lau Personal 3,630,000 1 0.034% Corporate 4,332,779,008 2 39.994% Joint 117,952,078 3 1.089% Family 20,897,310 4 0.193% Claudio Holdings Limited Beneficial owner 4,332,779,008 5 39.994% Genesis Capital Group Limited Beneficial owner 2,845,498,476 6 26.266% Creator Holdings Limited Beneficial owner 1,487,280,532 7 13.728% • 53
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HKC (HOLDINGS) LIMITED (incorporat
Page 3 and 4: Contents 2 Corporate Information
Page 5 and 6: Corporate Information (Continued)
Page 7 and 8: Chairman’s Statement (Continued)
Page 9 and 10: Chairman’s Statement (Continued)
Page 11 and 12: Management Discussion and Analysis
Page 17 and 18: Corporate Governance Report (Contin
Page 29 and 30: Directors and Senior Management (Co
Page 35 and 36: Report of the Directors (Continued)
Page 53: Report of the Directors (Continued)
Page 71 and 72: Independent Auditor’s Report (Con
Page 73 and 74: Consolidated Statement of Comprehen
Page 75 and 76: Consolidated Balance Sheet (Continu
Page 77 and 78: Consolidated Statement of Changes i
Page 79 and 80: Consolidated Statement of Changes i
Page 81 and 82: Notes to the Consolidated Financial
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Notes to the Consolidated Financial
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Principal Subsidiaries, Associated
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Five-Year Financial Summary 2011 2
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Schedule of Principal Properties (C
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HKC (HOLDINGS) LIMITED 9/F., Tower
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Annual Report - QuamIR

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