In our opinion:

a. the financial statements set out on pages 116 to 226 are drawn up so as to give a true and fair view of the state of affairs of the Group and of the Company as at December 31, 2009, and the results, changes in equity and cash flows of the Group for the year ended on that date in accordance with the provisions of the Singapore Companies Act, Chapter 50 and Singapore Financial Reporting Standards; and
b. at the date of this statement, there are reasonable grounds to believe that the Company will be able to pay its debts as and when they fall due.

The Board of Directors has, on the date of this statement, authorised these financial statements for issue.







On behalf of the Board of Directors

Peter Seah Lim Huat
Chairman
Tang Kin Fei
Director
   
Singapore
February 25, 2010
 
 
 
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