Page 100-101 - ar2014

A M A R Q U E A B O V E T H E R E S T 99
2 0 1 4 A N N U A L R E P O R T 98 E U R O S P O R T S G L O B A L L I M I T E D
31 March 2014
NOTES TO THE
F INANCI AL STATEMENTS
SHARE CAPITAL
Number of issued shares : 265,000,000
Class of shares : Ordinary shares fully paid
Voting rights : One vote for each ordinary share
Treasury shares : Nil
DISTRIBUTION OF SHAREHOLDERS
Size of Shareholdings No. of Shareholders % No of Shares %
1-999 – – – –
1,000-10,000 267 45.64 1,298,000 0.49
10,001-1,000,000 304 51.97 32,208,000 12.15
1,000,001 and above 14 2.39 231,494,000 87.36
Total 585 100.00 265,000,000 100.00
TWENTY LARGEST SHAREHOLDERS
No. Name No. of Shares %
1. Goh Kim San 111,000,000 41.89
2. Goh Kim Hup 74,000,000 27.92
3. Bank Of Singapore Nominees Pte Ltd 12,841,000 4.85
4. UOB Kay Hian Pte Ltd 7,790,000 2.94
5. Hong Leong Finance Nominees Pte Ltd 5,634,000 2.13
6. OCBC Securities Private Limited 4,089,000 1.54
7. Kwek Leng Joo 4,000,000 1.51
8. Ben Chng Beng Beng 2,800,000 1.06
9. Ong Teck Beng ( Wang Deming ) 2,277,000 0.86
10. Phillip Securities Pte Ltd 2,012,000 0.76
11. Sim Boon Tiong 1,350,000 0.51
12. Leo Chun Kong 1,301,000 0.49
13. Koh Kow Tee Michael 1,300,000 0.49
14. Ong Teck Beng 1,100,000 0.42
15. Lucas Wong Kin Hong 800,000 0.30
16. Fong Chee Yan 759,000 0.29
17. Tai Kok Chuan 700,000 0.26
18. STF INVESTMENTS LTD 619,000 0.23
19. Tan Kar Eng Joel 605,000 0.23
20. Keith Tan Junjie 600,000 0.23
235,577,000 88.91
As at 20 June 2014
STATI STICS OF
SHAREHOLDINGS
29. Reclassifications and Comparative Figures
The Company was listed on 17 January 2014. In the Offer Document, all listing expenses incurred in 2013
XFSF DMBTTJmFE BT JUFNT JO UIF PQFSBUJOH DBTI nPXT PG UIF (SPVQ BT UIF PVUDPNF PG UIF MJTUJOH XBT VODFSUBJO
then. The successful listing of the Company has resulted in the reclassification of the listing expenses
SFDPHOJTFE JO BNPVOUJOH UP BQQSPYJNBUFMZ UP CF JUFNT VOEFS mOBODJOH DBTI nPXT 5IF
reclassifications are also made to enhance comparability with current year’s consolidated statement of cash
nPXT 5IF SFDMBTTJmDBUJPO BGGFDUT UIF GPMMPXJOH DPNQBSBUJWF mHVSFT
After Before
reclassification reclassification Difference
$’000 $’000 $’000
0QFSBUJOH DBTI nPXT CFGPSF DIBOHFT
in working capital 10,926 10,213 713
/FU DBTI nPXT GSPN PQFSBUJPOT 8,560 7,847 713
/FU DBTI nPXT GSPN PQFSBUJOH BDUJWJUJFT 6,898 6,185 713
/FU DBTI nPXT GSPN mOBODJOH BDUJWJUJFT 12,577 13,290 (713)
The financial statements of the Company cover the reporting year since incorporation on 12 December
2012 to 31 March 2014. This being the first set of financial statements for the Company, there are no
comparative figures.
30. Events after the End of the Reporting Year
Subsequent to the end of the reporting year, on 20 June 2014, the Company entered into a term sheet with
Mr Benjamin Solomon Tan pursuant to which the Company shall acquire from Mr Benjamin Solomon Tan
60% of shareholdings of Autoinc Sports Pte. Ltd., 60% of shareholdings of Autoinc Lifestyle Pte. Ltd., and
60% of shareholdings of Birel Singapore Pte. Ltd.. The term sheet is subject to the parties entering into a
formal agreement providing the details in respect to the matters broadly set out in the term sheet within
one month from the date of the term sheet. The sale and purchase of the shares is subject to the findings of
legal, financial and operational due diligence being satisfactory to the Company at its absolute discretion.