Statement of Directors' Responsibility
Directors are required by Company Law to prepare financial statement for each financial year which give a true and
fair view of the state of affairs of the Group and of the Company at the end of the financial year and of the results of
the Group and of the Company for the financial year then ended.
In preparing those financial statements, the Directors have:
·
adopted suitable accounting policies and then apply them consistently;
·
made judgements and estimates that are prudent and reasonable;
·
ensures applicable accounting standards for entities other than private entities have been followed, subject to
any material departures disclosed and explained in the financial statements; and
·
prepared the financial statements on the going concern basis unless it is inappropriate to presume that the
Group and the Company will continue in business.
The Directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at
any time the financial position of the Group and of the Company and to enable them to ensure that the financial
statements comply with the Companies Act, 1965. The Directors are also responsible for safeguarding the assets
of the Group and of the Company and, hence, for taking reasonable steps for the prevention and detection of fraud
and other irregularities.
Directors' Shareholdings (as at 30 June 2011)
No. of shares held
Name of directors
Direct
%^
Indirect
%^
Tengku Dato' Zainal Rashid Bin Tengku Mahmood
2,700,000
0.32
-
-
Chia Song Kun
450,000
0.05
383,221,998 *
46.06
Chia Seong Pow
1,880,000
0.23
110,832,740 #
13.32
Chia Song Kooi
180,000
0.02
377,453,882 **
45.37
Chia Seong Fatt
324,000
0.04
109,821,540 ##
13.20
Chia Song Swa
378,000
0.05
376,186,682 **
45.21
Chia Mak Hooi
365,000
0.04
380,270,682 @
45.71
Cheah Juw Teck
1,320,000
0.16
4,939,800 +
0.59
Chieng Ing Huong
-
-
-
-
Teh Kim Teh
-
-
55,000++
0.01
Tan Bun Poo
-
-
-
-
Notes:
*
Deemed interest via his and his spouse's interest in CBG Holdings Sdn. Bhd. ("CBG"), Attractive Features Sdn. Bhd., his
and his spouse's indirect interest in Ruby Technique Sdn. Bhd. ("RT") as well as his spouse's, children's and their spouse's
shares in QL.
** Deemed interest via his interest in CBG and indirect interest in RT and his spouse's shares in QL.
#
Deemed interest via his and his spouse's beneficial shareholding in Farsathy Holdings Sdn. Bhd. ("FH"), his and his spouse's
indirect interest in RT, his spouse's and children's shares in QL.
## Deemed interest via his and his spouse's beneficial shareholding in FH, his and his spouse's indirect interest in RT and his
children's shares in QL.
@ Deemed interest via his and his father's interest in CBG, his and his father's indirect interest in RT and his father's and
spouse's shares in QL.
QL 2011 Annual Report | 33
