REPORT OF THE DIRECTORS
Annual Report 2015
Karin Technology Holdings Limited
41
As at 30 June 2015, the employees who received 5% or more of the total number of options granted pursuant to the
2005 ESOS are as below:
Number of unissued ordinary shares of HK$0.10 each under options held by employees
Name of employee
Exercise
price
(“S$”)
Options granted
during the
financial year
under review
Aggregate options
granted since
commencement of
the 2005 ESOS to
end of the financial
year under review
Aggregate options
exercised since
commencement of
the 2005 ESOS to
end of the financial
year under review
Aggregate
options
outstanding as
at end of the
financial year
under review
Mr. Cheng Pak Cheong, Ray
0.1264
–
1,000,000
(1,000,000)
–
0.1608
–
1,000,000
(1,000,000)
–
_________
_________
___________
___________
________
–
2,000,000
(2,000,000)
–
_________
_________
___________
___________
________
Mr. Mok Pui Wah, Kenneth
0.1264
–
1,000,000
(1,000,000)
–
0.1608
–
1,000,000
(1,000,000)
–
_________
_________
___________
___________
________
–
2,000,000
(2,000,000)
–
_________
_________
___________
___________
________
Mr. Chong Shi Fan, Stephen
0.1264
–
100,000
(100,000)
–
0.1608
–
200,000
(200,000)
–
0.1060
–
700,000
(700,000)
–
_________
_________
___________
___________
________
–
1,000,000
(1,000,000)
–
_________
_________
___________
___________
________
–
5,000,000
(5,000,000)
–
_________
_________
___________
___________
________
During the year under review, no share option was granted pursuant to the 2005 ESOS and 850,000 share options were
exercised. Further details of the 2005 ESOS are set out in note 27 to the financial statements.
Pursuant to a resolution passed at the annual general meeting held on 9 October 2014, the 2005 ESOS was cancelled
and the 2014 Karin Employee Share Option Scheme (the “
2014 ESOS
”) has been adopted. During the year under
review, no share option was granted pursuant to the 2014 ESOS and no share options were exercised. Further details
of the 2014 ESOS are set out in note 27 to the financial statement.
