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DIRECTORS’ REPORT
Options
No options were issued by the Company or any of its subsidiaries during the nancial year. As at 31 December 2013, there
were no options on the unissued shares of the Company or any of its subsidiaries which were outstanding.
Audit committee
The audit committee carried out its functions in accordance with section 201B (5) of the Singapore Companies Act, Cap. 50.
The functions performed are detailed in the Corporate Governance Report.
Further details regarding the audit committee are disclosed in the Corporate Governance Report.
Auditor
Ernst & Young LLP have expressed their willingness to accept reappointment as auditor.
On behalf of the board of directors:
David Alan Perry
Director
Wong Lok Hiong
Director
Singapore
13 March 2014
35
Overseas Education Limited AR 2013
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