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The firm an appreciable range contracting service to both the public as well as the private sector in all of the types of services as mentioned earlier. The scope of services offered by PING HONG CONSTRUCTION PTE LTD Includes:-
The construction project and interior design work for
Our clients are our greatest assets. From design issues to financial considerations, “Pings Hong Construction pte ltd is committed to providing our clients with broad technical expertise and superior customer service.
Our goal is to provide creative, cost-effective solutions that are directly responsive to the needs of our clients. We will provide the greatest level of involvement required by each of our clients to ensure projects are completed on time and within budget.
Our team of construction professionals offers a single source solution for all of your construction related needs. Whether it’s restoration, site preparation, interior wall preparation, facility renovation, we have experience and personnel to provide the highest quality construction on schedule and within budget.
Company name
PING HONG CONSTRUCTION PTE LTDEstablishment
11th, February, 2000Financial capacity
Authorized capital - S$ 900,000.00Employees
15 full time employees
Consisting of Site Engineers, Draftsman, Supervisors, Accounts and Sales manager, and Quantity survivors.
Business line
Our company is specialized in the construction project and interior design work for the interior wall partition, false ceiling, plumbing, sanitary and fire rated work and installation including alteration and demolition. So we can provide the services on this sector.
Our safety commitments
It is the policy of Ping Hong Construction Pte Ltd to consider the occupational safety & health of its employees and subcontractors to be one of its primary responsibilities among all other construction activities (i.e.) progress, quality and cost.
Location of Office
230, JALAN BESAR,
#06-05 OFFICE CHAMBER,
SINGAPORE (208906).
TEL: 81459113
Fax: 64915770
E-mail: ping_hong2000@yahoo.co.uk
Providing safe &health working environment.
The directors present their report with the audited accountants of the company for the year ended 31-03-2008.
The director in office at the date of this reports are:-
LIM GEK HONG
The principal activities of the company are those of building construction, renovation contractors and general contractors.
There have been no significant changes in the nature of these activities during the financial period.
Profit & loss for the period
The directors holding office at the end of the financial year had no interest in the share capital and debentures of the company as recorded in the register of director’s shareholdings kept by the company under section 164 of the company act, cap 50 except as follows;-
Name of share holders
LIM GEK HONG (appointed on 03-11-2000)There was no Acquisition or disposal of subsidiaries during the period.
There were no material transfer to or from reserves and provision during the period.
No shares or debentures have been issued during the financial period.
Neither at the end at any time during the financial period was the Company a party to any arrangements whose object is to enable the directors of the company to acquire benefits through the acquisition of shares in or debentures of the company or any other body corporate.
Before the profit and loss account and the balance sheet were made out, the directors took reasonable steps to ascertain that proper action had been taken in relation to the writing off of bad debts and the making of provision for doubtful debts and had satisfied themselves that all known bad debts if any had been written off and where necessary adequate provision had been made for doubtful debts.
At the date of this report, the directors are not aware of any circumstances which would render any amounts written off or provided for bad and doubtful debts inadequate to any substantial extents.
Before the profit and loss account and the balance sheet were made out, the directors took reasonable steps to ascertain that any current assets which were unlikely to realize in the ordinary course of business their book values have been written down to their estimated realizable values or have adequately provided for.
At the date of this report, the directors are not aware of any circumstances which would render the values attributable to current assets in the accounts of the company misleading.
The directors do not recommend payment of the dividends for the periods under review. No dividend has been paid since the end of the previous period.
At the date of this report:
there does not exist any charges on the assets of the company which has arisen since the end of the financial period which secures the liability of any other person, and
There does not exist any contingent liability of the company which has arisen since the end of the financial period.
CONTINGENT OR OTHER LIABILITY ENFORCEABLE AFTER PERIOD END
No contingent or other liability of the company has become enforceable or is likely to become enforceable within the period of months after the end of financial period which, in the opinion of the directors, will or may substantially affect the ability of the company to meet its obligation as and when they fall due.
As at the date of this report, the directors are not aware of any circumstances not otherwise dealt with in this report or accounts which would renter any amount stated in the accounts of the company misleading.
In the opinion of the directors, the results of the operations of the company for the financial period have not been substantially affected by any item, transaction or event of a material and unusual nature.
SUBSEQUENT EVENTS
In the opinion of the directors, no item transaction or event of a material and unusual nature has arisen in the interval between the end of the financial period and the date of this report which would affect substantially the results of the operation of the company for the financial period in respect of which this report is made.
Since the end of the previous financial period no directors has received or become entitled to receive a benefit which is required to be disclosed by section 201(8) of the companies act, cap. 50 by reason of a contract made by the company or with the director or with a firm of which he is a member, or with a company in which he has substantial financial interest except in respect of fee as shown in the accounts.
SHARE OPTIONS GRANTED
No Option was granted during the period to take up unissued shares of the company.
SHARE OPTIONS EXERCISED
During the financial period no shares were issued by virtue of the exercise of options granted.
There were no unissued shares under option at the end of the financial period.
Messrs ONN PING LAN &COMPANY has expressed their willingness to accept re-appointment
These notes form an integral part of and should be read in conjunction with the accompanying accounts.
UN CONSULTANTS PTE LTD is a Singapore incorporated limited liability company. Its registered office is located at No.8 SENOKO SOUTH ROAD, #05-01, SINGAPORE (758095).
SIGNIFICANT ACCOUNTING POLICIES
The accounts of the company have been prepared in Singapore currency in accordance with Singapore statement of accounting standards.
SHARE CAPITAL
PRINCIPAL ACTIVITIES
The principal activities of the company are those of building construction, renovation contractors and general contractors.
There have been no significant changes in the nature of these activities during the financial period.
The above is unsecured, interest-free and there are no fixed terms of repayment.
The presentation and classification of items in the accounts have been changed due to the adoption of the requirements of SAS 1 revised 1999.tements. Comparative figures have been adjusted to conform to the format adopted in the current year.
| Notes | 2008 S$ | |
| Current Assets | ||
| Amount owing by directors | 459,120.04 | |
| Less: Current Liabilities | ||
| Accruals | ||
| Total current liabilities | ||
| Net current asset &liabilities | 459,120.04 |
| Share Capital | 900,000.00 |
| Accumulated profit & (loss) (356,430.76+84,449.20) |
(440,879.96) |
| 459,120.04 |
| 2008 S$ | |
| Turn over | |
| Less: cost of sale | |
| Gross loss | |
| Less: Administrative expenses 84,449.20 | |
| Distribution cost 278.30 | |
| 84,449.20 | |
| Profit & (loss) for the period | 84,449.20 |
| Administrative Expenses: | 2008 S$ |
| Rent | 16250.00 |
| Book keeping fees | 1810.00 |
| Office Expense | 5690.00 |
| Repair & Maintenance | 4740.00 |
| Salary | 54800.00 |
| Secretarial fee | 880.90 |
| Total Administrative Expenses | 84170.90 |
| Distribution cost: | |
| Transportation cost | 278.30 |
| Total Expenses | 84449.20 |
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