Annual Report 2007 Luster Group
LUSTER INDUSTRIES BHD
(156148-P)
CONTENTS
02 Corporate Information 03 Group Structure 04 Statement From Managing Director 06 Directors Profile 08 Financial Highlights 09 Statement On Corporate Governance 14 Statement On Internal Control 16 Audit Committee Report 20 Other Information 21 Directors Report 26 Statement By Directors 27 Statutory Declaration 28 Report Of The Auditors To The Members 29 Consolidated Balance Sheet 30 Consolidated Income Statement 31 Consolidated Statement Of Changes In Equity 32 Consolidated Cash Flow Statement 34 Balance Sheet 35 Income Statement 36 Statement Of Changes In Equity 37 Cash Flow Statement 39 Notes To The Financial Statements 71 List Of Properties 73 Analysis Of Shareholdings 75 Notice Of Annual General Meeting 77 Statement Accompanying Notice Of Annual General Meeting 79 Proxy Form
LUSTER INDUSTRIES BERHAD (156148-P)
01
ANNUAL REPORT 2007
CORPORATE INFORMATION
BOARD OF DIRECTORS
Independent Non-Executive Chairman
REGISTERED OFFICE Suite 2-01, 2nd Floor Menara Penang Garden 42A, Jalan Sultan Ahmad Shah 10050 PENANG Tel : 04-229 4390 Fax : 04-226 5860 SHARE REGISTRAR AGRITEUM Share Registration Services Sdn Bhd (578473-T) 2nd Floor, Wisma Penang Garden 42, Jalan Sultan Ahmad Shah 10050 PENANG Tel : 04-228 2321 Fax : 04-227 2391 AUDITORS KPMG (Firm No. AF 0758) Chartered Accountants 1st Floor, Wisma Penang Garden 42, Jalan Sultan Ahmad Shah 10050 PENANG PRINCIPAL BANKERS Public Bank Berhad (6463-H) CIMB Bank Bhd (134941-P) United Overseas Bank (Malaysia) Bhd (271809-K) RHB Bank Berhad (6171-M) Malayan Banking Berhad (3813-K) STOCK EXCHANGE Bursa Malaysia Securities Berhad (30632-P) Main Board
Tan Sri Dato Sri Izzuddin Bin Dali
Encik Abdul Gafoor @ Abdul Gafoor Khan
Executive Director
Mr. Lim See Chea
Managing Director
Mr. Lim See Hua
Deputy Managing Director
LUSTER INDUSTRIES BERHAD (156148-P)
Dato Gazali Bin Saiboo
Executive Director
Dato Abdul Rahim Bin Mokti Mr. Lau
(156148-P)
CONTENTS
02 Corporate Information 03 Group Structure 04 Statement From Managing Director 06 Directors Profile 08 Financial Highlights 09 Statement On Corporate Governance 14 Statement On Internal Control 16 Audit Committee Report 20 Other Information 21 Directors Report 26 Statement By Directors 27 Statutory Declaration 28 Report Of The Auditors To The Members 29 Consolidated Balance Sheet 30 Consolidated Income Statement 31 Consolidated Statement Of Changes In Equity 32 Consolidated Cash Flow Statement 34 Balance Sheet 35 Income Statement 36 Statement Of Changes In Equity 37 Cash Flow Statement 39 Notes To The Financial Statements 71 List Of Properties 73 Analysis Of Shareholdings 75 Notice Of Annual General Meeting 77 Statement Accompanying Notice Of Annual General Meeting 79 Proxy Form
LUSTER INDUSTRIES BERHAD (156148-P)
01
ANNUAL REPORT 2007
CORPORATE INFORMATION
BOARD OF DIRECTORS
Independent Non-Executive Chairman
REGISTERED OFFICE Suite 2-01, 2nd Floor Menara Penang Garden 42A, Jalan Sultan Ahmad Shah 10050 PENANG Tel : 04-229 4390 Fax : 04-226 5860 SHARE REGISTRAR AGRITEUM Share Registration Services Sdn Bhd (578473-T) 2nd Floor, Wisma Penang Garden 42, Jalan Sultan Ahmad Shah 10050 PENANG Tel : 04-228 2321 Fax : 04-227 2391 AUDITORS KPMG (Firm No. AF 0758) Chartered Accountants 1st Floor, Wisma Penang Garden 42, Jalan Sultan Ahmad Shah 10050 PENANG PRINCIPAL BANKERS Public Bank Berhad (6463-H) CIMB Bank Bhd (134941-P) United Overseas Bank (Malaysia) Bhd (271809-K) RHB Bank Berhad (6171-M) Malayan Banking Berhad (3813-K) STOCK EXCHANGE Bursa Malaysia Securities Berhad (30632-P) Main Board
Tan Sri Dato Sri Izzuddin Bin Dali
Encik Abdul Gafoor @ Abdul Gafoor Khan
Executive Director
Mr. Lim See Chea
Managing Director
Mr. Lim See Hua
Deputy Managing Director
LUSTER INDUSTRIES BERHAD (156148-P)
Dato Gazali Bin Saiboo
Executive Director
Dato Abdul Rahim Bin Mokti Mr. Lau