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REPORT OFTHE DIRECTORS
GEO ENERGY RESOURCES LIMITED | Annual Report 2012 47
(iii) review the periodic consolidated fnancial statements comprising the statements of comprehensive income
and statements of fnancial position and such other information required by the Listing Manual (the “Listing
Manual”) of Singapore Exchange Securities Trading Limited (the “SGX-ST”), before submission to the
Board for approval;
(iv) review and discuss with the external and internal auditors (if any), any suspected fraud, irregularity or
infringement of any relevant laws, rules or regulations, which has or is likely to have a material impact on
the Group’s operating results or fnancial position and the management’s response;
(v) review the co-operation given by the management to the external auditors;
(vi) consider the appointment and re-appointment of the external auditors;
(vii) review any interested person transactions falling within the scope of Chapter 9 of the Listing Manual;
(viii) review any potential conficts of interest;
(ix) review the procedures by which employees of the Group may, in confdence, report to the Chairman of the
Audit Committee, possible improprieties in matters of fnancial reporting or other matters and ensure that
there are arrangements in place for independent investigation and follow-up actions in relation thereto;
(x) undertake such other reviews and projects as may be requested by the Board, and report to the Board its
fndings from time to time on matters arising and requiring the attention of the Audit Committee;
(xi) review and recommend hedging policies and instruments, if any, to be implemented by the Company to the
Directors;
(xii) enquire on the status of the existing Qualifying Assets, as defned in the Company’s prospectus dated 10
October 2012 (the “Prospectus ”) and determine if any of the Qualifying Assets should be removed from the
QA List (as defned in the Prospectus);
(xiii) review and approve the Promoter Interest Register (as defned in the Prospectus); and
(xiv) undertake generally such other functions and duties as may be required by law or the Listing Manual, and
by such amendments made thereto from time to time.
The Audit Committee has recommended to the Board that Deloitte & Touche LLP be nominated for re-appointment
as independent auditors of the Company at the forthcoming annual general meeting.
7 INDEPENDENT AUDITORS
The independent auditors, Deloitte & Touche LLP, have expressed their willingness to accept re-appointment.
ON BEHALF OF THE DIRECTORS
Charles Antonny Melati
Dhamma Surya
27 March 2013