Straco Corporation Limited • Annual Report 2014
30
Except as disclosed above, there were no unissued shares of the Company or its subsidiaries under options granted by the Company or its subsidiaries as at
the end of the financial year.
Details of options granted to directors of the Company and controlling shareholder of the Company and his associates under the Schemes are as follows:
Name
Options granted
in financial
year ended
31 December
2014
Aggregate
options
granted since
commencement
of Schemes to
31 December
2014
Aggregate
options
exercised since
commencement
of Schemes to
31 December
2014
Aggregate
options
outstanding
as at
31 December
2014
Directors
Wu Hsioh Kwang (also the controlling shareholder
of the Company)
1,000,000
4,900,000
–
4,900,000
Li Weiqiang
330,000
330,000
–
330,000
Fu Xuezhang
330,000
1,950,000
(1,290,000)
660,000
Chua Soh Har
330,000
960,000
–
960,000
Tay Siew Choon
330,000
1,950,000
(330,000)
1,620,000
Lim Song Joo
330,000
960,000
(300,000)
660,000
Choong Chow Siong
330,000
1,950,000
(330,000)
1,620,000
Neo Poh Kok David
330,000
960,000
(300,000)
660,000
3,310,000
13,960,000
(2,550,000)
11,410,000
Alternate Directors and Associates of controlling
shareholder
Wu Xiuyi
600,000
2,340,000
–
2,340,000
Wu Xiuzhuan
400,000
700,000
–
700,000
1,000,000
3,040,000
–
3,040,000
Since the commencement of the Schemes, no participant under the Schemes has been granted 5% or more of the total options available under the Schemes.
The options granted by the Company do not entitle the holders of the options, by virtue of such holding, to any rights to participate in any share issue of any
other company.
No option was granted at a discount during the financial year.
DIRECTORS’ REPORT
