View - Singapore Technologies Engineering

During the financial year, its subsidiaries issued thefollowing shares:NAME OF COMPANY SHARES ISSUED AND CONSIDERATION PURPOSESingapore Technologies 2,800,000 ordinary shares of $1 each, For incorporation and initial workingDynamics Pte Ltd at par for cash capitalST Synthesis Pte Ltd 1,999,998 ordinary shares of $1 each, For additional working capital(formerly known asat par for cashSingapore Technologies IntegratedServices Pte Ltd)ARRANGEMENTS TO ENABLE DIRECTORS TO ACQUIRE SHARESOR DEBENTURESExcept for the ST Engg Share Option Scheme, neither atthe end of nor at any time during the financial year wasthe Company a party to any arrangement whose objectsare, or one of whose objects is, to enable the directors ofthe Company to acquire benefits by means of theacquisition of shares in or debentures of the Company orany other body corporate.DIRECTORS’ INTERESTS IN SHARES OR DEBENTURESExcept as disclosed in this report, no director who heldoffice at the end of the financial year had interests inshares or debentures of the Company or of relatedcorporations either at the beginning (or date ofappointment, if later) or at the end of the financial yearand on 6 January 2001.According to the register kept by the Company for thepurposes of Section 164 of the Companies Act, Chapter50, particulars of interests of directors who held office atthe end of the financial year in shares or debentures in theCompany and in related corporations were as follows:Vision Technologies Kinetics, Inc. 100 ordinary shares of US$1 each, For incorporation and initial workingat par for cashcapitaliShopAero Pte Ltd 1,155,000 ordinary shares of US$1 For incorporation and initial workingeach, at par for cash and 630,000 capitalordinary shares of US$1 each atUS$2.5397 per share for cashDataMark Technologies Pte Ltd 410,000 ordinary shares of $1 each, Call options exercisedat par for cashST Electronics (Shanghai) Co., Ltd Paid-in capital of US$700,000 For additional working capitalST Electronics (Taiwan) Limited Paid-in capital of NT$20,000,000 For incorporation and initial workingcapitalJuzclickCar.com Pte Ltd 100,000 ordinary shares of $1 each, For incorporation and initial workingat par for cashExcept as disclosed above, neither the Company nor itssubsidiaries issued any shares or debentures during thefinancial year.capitalHOLDINGS IN THE NAME OF THEDIRECTOR, SPOUSE OR INFANT CHILDREN1 JANUARY 2000 OR DATE 31 DECEMBEROF APPOINTMENT IF LATER 2000THE COMPANYOrdinary Shares of $0.10 eachBoon Swan Foo 600,613 224,433Professor Lui Pao Chuen 161,444 161,444Philip Tan Yuen Fah 25,686 25,686Winston Tan Tien Hin 200,000 200,000OPTIONS TO SUBSCRIBE FOR ORDINARY SHARES OF $0.10 EACH1 JANUARY 2000 OR DATE 31 DECEMBER EXERCISEOF APPOINTMENT IF LATER 2000 PRICE ($) EXERCISABLE PERIODBoon Swan Foo 286,342 – 0.873 18.5.1999 to 7.11.2004286,342 – 0.905 18.5.1999 to 2.6.2005450,568 – 0.380 18.5.1999 to 8.4.2006450,568 – 0.422 18.5.1999 to 2.4.20071,000,000 – 1.210 21.5.2000 to 20.5.20085,000 – 1.290 8.8.2000 to 7.8.20081,000,000 1,000,000 1.418 10.2.2001 to 9.2.20095,000 5,000 2.000 11.8.2001 to 10.8.2009– 1,000,000 2.260 10.2.2002 to 9.2.2010104 • visiondirectors’ report • 105