Annual Report 2005 - Leeden Limited

More documents

Recommendations

Info

30Notes to the Financial Statements- 31 December 2005ACE DYNAMICS LIMITED1. Corporate information (cont’d)Name of company(Country of Principal activities Percentage of equityincorporation) (place of business) Cost held by the Group2005 2004 2005 2004$’000 $’000 % %Associated companies :Held through subsidiary companiesAssociated company ofGreen Aces Development Pte Ltd^ Calarasi Pte Ltd Property investment and – 3 500 – 50(Singapore)development(Singapore)Associated company ofAceD Development Pte Ltd^ OMD Holdings Pte Ltd Leasing of property – 3 500 – 50(Singapore)(Singapore)Associated companies ofAmerican Dynamics Holdings Pte Ltd^^ National Industrial Gases Pte Ltd Sale of gases and related 1,401 1,401 35 35(Singapore)products(Singapore)^^^ NIG Industrial Gases Sdn Bhd Sale of gases and related 666 666 50 50(Malaysia)products(Malaysia)^^ Bondfl ex Private Limited Trading in grinding disc 450 4 – 50 –(Singapore)(Singapore)2,517 3,067Name of company(Country of Principal activities Percentage of equityincorporation) (place of business) held by the Group2005 2004% %Subsidiary companies ofNIG Industrial Gases Sdn Bhd^^^ NIG Utara Sdn Bhd Sale of gases and related products 33 33(Malaysia)(Malaysia)ANNUAL REPORT 2005^^^ Majestic Oxygen Industries Sdn Bhd Manufacturers, distributors and 28 28(Malaysia)agents of industrial gases(Malaysia)
Notes to the Financial Statements- 31 December 2005311. Corporate information (cont’d)Name of company(Country of Principal activities Percentage of equityincorporation) (place of business) held by the Group2005 2004% %Associated companies ofNIG Industrial Gases Sdn Bhd^^ National Industrial Gases Pte Ltd Sale of gases and related products 15 15(Singapore)(Singapore)ACE DYNAMICS LIMITED**** Mega Mount Industrial Gases Sdn Bhd Sale of gases and related products 14 14(Malaysia)(Malaysia)^^^ NIG Timur Sdn Bhd Sale of gases and related products 18 4 –(Malaysia)(Malaysia)(Incorporated during the year)Subsidiary company ofMagestic Oxygen Industries Sdn Bhd^^^ Filler Alloy Sdn Bhd Distribution of industrial hardware, 21 25(Malaysia)machinery and gases(Malaysia)Associated company ofMajestic Oxygen Industries Sdn Bhd^^^ NIG Timur Sdn Bhd Sale of gases and related products 8 4 –(Malaysia)(Malaysia)(Incorporated during the year)Subsidiary companies ofNational IndustrialGases Pte Ltd# Myanmar National Industrial Gases Ltd Sale of gases and related products 35 35(Myanmar)(Myanmar)@ PT National Industrial Gases Indonesia Manufacture and sale of gases 35 35(Indonesia)(Indonesia)Subsidiary company ofBondflex Pte Ltd## Bondfl ex Abrasives (Jiangyan) Co Manufacturing of grinding disc 50 4 –(China)(China)ANNUAL REPORT 2005
Page 2 and 3: 2ACE DYNAMICS LIMITED1 Mission, Vis
Page 4: 2ACE DYNAMICS LIMITEDMessage fromCh
Page 7 and 8: 5ACE DYNAMICS LIMITEDFinance cost w
Page 9 and 10: 7ACE DYNAMICS LIMITEDby 11% to $9.3
Page 11 and 12: 9Mr Tony Chan was appointed as a No
Page 13 and 14: Corporate Governance Report11Ace Dy
Page 15 and 16: Corporate Governance Report13BOARD
Page 17 and 18: Corporate Governance Report15Princi
Page 19 and 20: 17Report of the DirectorsThe Direct
Page 21 and 22: 19Report of the DirectorsDirectors
Page 23 and 24: Statement by Directors Pursuant to
Page 25 and 26: Consolidated Profit and Loss Accoun
Page 27 and 28: Statements of Changes in Equityfor
Page 29 and 30: Consolidated Statement of Cash Flow
Page 31: Notes to the Financial Statements-
Page 35 and 36: Notes to the Financial Statements-
Page 49 and 50: 47Notes to the Financial Statements
Page 69 and 70: Shareholding StatisticsAs at 20 Mar
Page 71 and 72: 69ACE DYNAMICS LIMITED(Company Regi
Page 73 and 74: ACE DYNAMICS LIMITED[Company Regist
Page 75: ACE DYNAMICS LIMITED1 Shipyard Road

Annual Report 2005 - Leeden Limited

Create successful ePaper yourself

Delete template?

Save as template?