DIRECTORS’
STATEMENT
36
CITIC ENVIROTECH LTD.
Annual Report
2015
3 DIRECTORS’ INTERESTS IN SHARES AND DEBENTURES
The directors of the Company holding office at the end of the financial period had no interests in the
share capital and debentures of the Company and related corporations as recorded in the register of
directors’ shareholdings kept by the Company under Section 164 of the Singapore Companies Act
except as follows:
Names of directors and company
in which interests are held
At
April 1, 2015
At
December
31, 2015
At
January 21,
2016
The Company - Ordinary shares
Dr Lin Yucheng (deemed interest)
42,840,667 42,840,667 42,840,667
Lee Suan Hiang
10,500 360,500 360,500
Lee Suan Hiang (deemed interest)
400,000 400,000 400,000
Tay Beng Chuan
775,000 1,125,000 1,125,000
Yeung Koon Sang @ David Yeung
250,000 600,000 600,000
The Company – Share options
Dr Lin Yucheng
15,000,000 15,000,000 15,000,000
Yeung Koon Sang @ David Yeung
350,000
–
–
Tay Beng Chuan
350,000
–
–
Lee Suan Hiang
350,000
–
–
4 SHARE OPTIONS
(a) Options to take up unissued shares
(i)
The Employee Share Option Scheme (the “Scheme”) in respect of unissued ordinary
shares in the Company was approved by the shareholders of the Company at an
Extraordinary General Meeting held on February 2, 2010.
The Scheme is administered by the Remuneration Committee (“Committee”) whose
members are:
Lee Suan Hiang
(Chairman)
Tay Beng Chuan
Yeung Koon Sang alias David Yeung
Zhao Fu
Dr Lin Yucheng, a Controlling Shareholder, is eligible to participate in the Scheme. The
approval was obtained at an Extraordinary General Meeting held on February 2, 2010.
