Annual Report 2005 - Leeden Limited

Statement by Directors Pursuant to Section 201(15)21We, Steven Tham Weng Cheong and Lim How Boon, being two of the Directors of Ace Dynamics Limited, do hereby state that, in the opinionof the Directors :(a)(b)the accompanying balance sheets, consolidated profi t and loss account, statements of changes in equity and consolidated cash fl owsstatement together with the notes thereto are drawn up so as to give a true and fair view of the state of affairs of the Company andof the Group as at 31 December 2005, and the results, changes in equity and cash fl ows of the Group and the changes in equity ofthe Company for the year then ended, andat the date of this statement there are reasonable grounds to believe that the Company will be able to pay its debts as and when theyfall due.ACE DYNAMICS LIMITEDThe Board of Directors authorised these fi nancial statements for issue on 31 March 2006.On behalf of the Board,Steven Tham Weng CheongDirectorLim How BoonDirectorSingapore31 March 2006ANNUAL REPORT 2005