L a p o r a n T a h u n a n 2 0 0 0 A n n u a l R e p o r t - ChartNexus

Directors’ Report (continued)For the financial period of seventeen months ended 31 December 2000DIRECTORS’ INTERESTS IN SHARES AND OPTIONS OVER SHARESAccording to the Register of Directors’ Shareholdings, particulars of interests of Directors who held office at the end of thefinancial period in the shares in the Company are as follows:Shareholdings in the name of the DirectorNumber of ordinary shares of RM1.00 eachAs atAs at1.8.1999 Acquired Disposed 31.12.2000Dato’ Ng Eng Tee – 250,000 – 250,000Pee Tong Lim 48,000 – – 48,000Shareholdings in which the Directoris deemed to have an interest:Tunku Tan Sri Dato’ Shahrimanbin Tunku Sulaiman 75,056,500 – – 75,056,500Dato’ Ng Eng Tee 18,978,634 – 250,000 18,728,634Ng Eng Soon 17,828,634 – – 17,828,634Tunku Tan Sri Dato’ Shahriman bin Tunku Sulaiman, Dato’ Ng Eng Tee, Ng Eng Soon and Pee Tong Lim by virtue of theirdirect and indirect interests in the Company, are deemed to have an interest in the shares of the subsidiary companies to theextent the Company has an interest.According to the Register of Directors’ Shareholdings, particulars of interests of Directors who held office at the end of thefinancial period in the options over shares in the Company are as follows:Number of ordinary shares of RM1.00 each under ESOS optionAs atAs at1.8.1999 Granted Exercised Lapsed 31.12.2000Dato’ Ng Eng Tee 500,000 – – – 500,000Pee Tong Lim 400,000 – – 400,000 –No other Director in office at the end of the financial period held any interest in shares or options over shares in theCompany and its related corporations.STATUTORY INFORMATION ON THE FINANCIAL STATEMENTSBefore the income statements and balance sheets of the Group and of the Company were made out, the Directors tookreasonable steps:(a)(b)to ascertain that proper action had been taken in relation to the writing off of bad debts and the making of provisionfor doubtful debts and satisfied themselves that all known bad debts had been written off and that adequate provisionhad been made for doubtful debts; andto ensure that any current assets, other than debts, which were unlikely to realise in the ordinary course of businesstheir value as shown in the accounting records of the Group and of the Company had been written down to an amountwhich they might be expected so to realise.At the date of this report, the Directors are not aware of any circumstances:(a)(b)(c)which would render the amounts written off for bad debts or the amount of the provision for doubtful debts in thefinancial statements of the Group and of the Company inadequate to any substantial extent; orwhich would render the values attributed to current assets in the financial statements of the Group and of the Companymisleading; orwhich have arisen which render adherence to the existing method of valuation of assets or liabilities of the Group andof the Company misleading or inappropriate.UNITED MALAYAN LAND BHD35