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GLG CORP LTD AGM Information 2011

Nov 27, 2011

64991_rns_2011-11-27_5e703192-360e-4d21-95dd-c98e1cf1b0fc.pdf

AGM Information

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GLG CORP LTD Annual General Meeting 25th November 2011 WELCOME

1

GLG CORP LTD – 2011 Annual General Meeting

Meeting Format

GLG Corp Ltd Results Director’s Review Half-Year Ended 31 December 2005 Accounts and Reports Other Business Close GK Soh Chief Executive Officer Eu Mun Leong - Chief Financial Officer 6-7 March 2006

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GLG CORP LTD – 2011 Annual General Meeting

Introductions

GLG Corp

  • Estina Ang Suan Hong – Executive Chairwoman

  • Yong Yin Min - Executive Director

  • Surina Gan Meng Hui – Executive Director

  • Ernest Seow Teng Peng – Independent Non Executive Director

  • Christopher Chong – Independent Non Executive Director (via telephone)

  • Thongviboon – Independent Non Executive Director

  • Joanne Bourke – Company Secretary

Deloitte Touche Tohmatsu

  • Rod Whitehead – Partner

3

GLG Corp Ltd Results

Half-Year Ended 31 December 2005 DIRECTOR’S REVIEW

GK Soh Chief Executive Officer Eu Mun Leong - Chief Financial Officer

6-7 March 2006

4

GLG Corp Ltd Marketplace Update GLG Corp Ltd Results 2011/2012 Half-Year Ended 31 December 2005

GK Soh - Chief Executive Officer
Eu Mun Leong - Chief Financial Officer
6-7 March 2006

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GLG Corp Ltd: Marketplace Update

GLG Corp Ltd Continued uncertainty in the US and Europe retail Results Half-Year Ended 31 December 2005

Drop in Projections by programs

Signs of cotton prices stabilizing

GK Soh Chief Executive Officer

Eu Mun Leong - Chief Financial Officer Co ~~ntin~~ ued push by retailers to accept smaller fashion orders and faster turnaround

6-7 March 2006

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GLG Corp Ltd: GLG Response to Marketplace

Focus on developing Asia customer base. Metro of Philippines and AIC of Japan GLG Corp Ltd

Results Setup of NY city based design office to setup Original Design Manufacturing (“ODM”) business to help retailers achieve “speed to Half-Year Ended 31 December 2005 fashion”, lower inventory levels and target increased sales margins Increased customer base to guard against drop in projections New Sales Developments

USA: JC Penney, Carters, Jones NY, Cold Water Creek GK Soh Chief Executive Officer Europe: NEXT UK, USG, Kariban Eu Mun Leong - Chief Financial Officer Asia: Metro, AIC

Management Disciplines Ongoing cost Control and Margin Review; 6-7 March 2006 Close monitoring of Customer Credit Status;

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Sales Bookings and Shipments Update (US$ Million)

FY11 FY12 Remarks Actual Sales Sales Bookings Q1: Jul – Sep 52.0 65.9 Shipments 100% completed Q2: Oct – Dec 61.5 61.4 40% of Bookings shipped. * Q3: Jan – Mar 62.2 62.1 Q4: Apr-Jun 62.2 62.4 Full Year Total 237.9

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GLG Corp Ltd

Outlook and Prospects GLG Corp Ltd Results Half-Year Ended 31 December 2005

GK Soh - Chief Executive Officer
Eu Mun Leong - Chief Financial Officer
6-7 March 2006

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GLG Corp Ltd 2011/12 Outlook

GLG Corp Ltd Results

Half-Year Ended 31 December 2005 Trading conditions in the United States has been improved, however US retailers are facing continued competition;

Record a strong growth in revenue as well as higher margin orders received until Q2

Continued to tighten the Cost control, improving the cash management and collection efficiency GK Soh Chief Executive Officer

Eu Mun Leong - Chief Financial Officer

6-7 March 2006

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GLG Corp Ltd 2011/12 Outlook

GLG Corp Ltd Results

Half-Year Ended 31 December 2005 Trading conditions in the United States has been improved, however US retailers are facing continued competition;

Record a strong growth in revenue as well as higher margin orders received until Q2

Continued to tighten the Cost control, improving the cash management and collection efficiency GK Soh Chief Executive Officer

Eu Mun Leong - Chief Financial Officer

6-7 March 2006

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GLG Corp Ltd Annual Accounts

GLG Corp Ltd Accounts in the 2011 Annual Report Results Half-Year Ended 31 December 2005 Consideration of accounts

Questions or comments? Questions or comments? Questions or comments?
GK Soh - Chief Executive Officer
Eu Mun Leong - Chief Financial Officer
6-7 March 2006

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GLG Corp Ltd Resolutions

GLG Corp Ltd Approval of the Remuneration Report Results Half-Year Ended 31 December 2005 Re-election of a Director – Ernest Seow Re-election of a Director – Surina Gan Re-election of a Director - Thongviboon

GK Soh Chief Executive Officer Eu Mun Leong - Chief Financial Officer

6-7 March 2006

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GLG Corp Ltd

Resolution 1 GLG Corp Ltd

Results Remuneration Report Half-Year Ended 31 December 2005

“That, for the purpose of Section 250R(2) of the Corporations Act of Section 250R(2) of the Corporations Act
and for all other purposes, approval is given for the adoption of
the Remuneration Report as contained in the Company’s annual
financial report for the financial year ended 30 June 2011.”
GK Soh -
Chief Executive Officer
~~Eu Mun Leong~~
For
Open
~~-~~
~~Chief Financial Officer~~
Against
Abstain
Total
4,253,207
0
1,105,403
0
5,358,610
6-7 March 2006

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GLG Corp Ltd

Resolution 2 GLG Corp Ltd Results Re-election of a Director Half-Year Ended 31 December 2005

“In accordance with the Constitution of the Company, Mr Ernest SeowTengPeng retires by rotation and, being eligible, offers himself for re-election as a Director of the Company”.

GK
Soh
-
Chief Executive Officer

Soh
-
Chief Executive Officer

Soh
-
Chief Executive Officer

Soh
-
Chief Executive Officer

Soh
-
Chief Executive Officer

For ~~Eu Mun Le~~ ~~ong -~~
Open
~~Chief Financ~~
Against
~~ial Officer~~
Abstain
Total
59,049,950 30,000 870,863 0 59,950,163
6-7 March 2006

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GLG Corp Ltd

Resolution 3 GLG Corp Ltd Results Re-election of a Director Half-Year Ended 31 December 2005

“In accordance with the Constitution of the Company, Ms Surina Gan MengHui retires by rotation and, being eligible, offers herself for re-election as a Director of the Company”.

GK
Soh
-
Chief Executive Officer

Soh
-
Chief Executive Officer

Soh
-
Chief Executive Officer

Soh
-
Chief Executive Officer

Soh
-
Chief Executive Officer

For ~~Eu Mun Le~~ ~~ong -~~
Open
~~Chief Financ~~
Against
~~ial Officer~~
Abstain
Total
59,049,950 30,000 870,863 0 59,950,163
6-7 March 2006

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GLG Corp Ltd

Resolution 4 GLG Corp Ltd Results Re-election of a Director Half-Year Ended 31 December 2005

“That Mr Thongviboon having been appointed as an addition to the Board, and who retires in accordance with clause 12.7 of the Company’s Constitution, and being eligible, offers himself for re-election as a Director of the Company, is hereby re-elected as a Director of the Company”. GK Soh Chief Executive Officer

GK Soh
-
Chief Executive Officer
.
GK Soh
-
Chief Executive Officer
.
GK Soh
-
Chief Executive Officer
.
GK Soh
-
Chief Executive Officer
.
GK Soh
-
Chief Executive Officer
.

For ~~Eu Mun Le~~ ~~ong -~~
Open
~~Chief Financ~~
Against
~~ial Officer~~
Abstain
Total
59,059,950 30,000 860,863 0 59,950,163
6-7 March 2006

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Thank You

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Cautionary note on forward-looking statements

This presentation may contain statements regarding the business of GLG Corp Limited and its subsidiaries (‘Group’) that are of a forward looking nature and are therefore based on management’s assumptions about future developments.

Such forward looking statements are intended to be identified by words such as ‘believe’, ‘estimate’, ‘intend’, ‘may’, ‘will’, ‘expect’, and ‘project’ and similar expressions as they relate to the Group. Forward-looking statements involve certain risks and uncertainties because they relate to future events. Actual results may vary materially from those targeted, expected or projected due to several factors.

Potential risks and uncertainties includes such factors as general economic conditions, foreign exchange fluctuations, interest rate changes, commodity price fluctuations and regulatory developments. Such factors that may affect GLG Corp’s future financial results are detailed in our 2010 Annual Report. The reader and/or listener is cautioned to not unduly reply on these forward-looking statements. We do not undertake any duty to publish any update or revision of any forward looking statements.

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