REPORT OF THE DIRECTORS
Karin Technology Holdings Limited
Annual Report 2015
38
The directors present their report and the audited financial statements of Karin Technology Holdings Limited (the
“
Company
”) and its subsidiaries (together, the “
Group
”) for the year ended 30 June 2015.
DIRECTORS
The directors of the Company in office during the year and up to the date of this report were:
EXECUTIVE DIRECTORS:
Mr. Ng Kin Wing, Raymond – Executive Chairman and Chief Executive Officer
Mr. Ng Yuk Wing, Philip – Senior Executive Director
Mr. Lee Yiu Chung, Eugene – Chief Operating Officer
INDEPENDENT DIRECTORS:
Prof. Ng Tung Sang
Mr. Lim Yew Kong, John
Mr. Lawrence Kwan
In accordance with the bye-laws of the Company, Mr. Lee Yiu Chung, Eugene and Prof. Ng Tung Sang will retire and,
being eligible, will offer themselves for re-election at the forthcoming annual general meeting.
PRINCIPAL ACTIVITIES
The principal activity of the Company is investment holding. Details of the principal activities of the subsidiaries are
set out in notes 1 and 14 to the financial statements. There were no significant changes in the nature of the Group’s
principal activities during the year.
RESULTS AND DIVIDENDS
Details of the results of the Group for the year ended 30 June 2015 and the financial position of the Company and of
the Group at that date are set out in the financial statements on pages 47 to 114.
An interim dividend of HK$0.086 per ordinary share with a total amount of approximately HK$18,423,000 was paid on
12 March 2015. The directors of the Company proposed a final dividend for the year ended 30 June 2015 of HK$0.09
per ordinary share with a total amount of approximately HK$19,297,000. This recommendation is subject to the approval
of the Company’s shareholders at the forthcoming annual general meeting.
ARRANGEMENTS TO ENABLE DIRECTORS TO ACQUIRE SHARES AND DEBENTURES
Except for the share options as described in this report, neither at the end of nor at any time during the year was the
Company a party to any arrangement whose objects are, or one of whose objects is, to enable the directors of the
Company to acquire benefits by means of the acquisition of shares or debentures of the Company or any other body
corporate.
