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302

Notes to the

Financial Statements

for the year ended 31 December 2016

32. SHARE CAPITAL AND SHARE PREMIUM

Number of ordinary shares

of RM0.25 each

Amount

2016

RM’000

2015

RM’000

2016

RM’000

2015

RM’000

Group and Company

Authorised

At 1 January/31 December

3,000,000

3,000,000

750,000

750,000

Issued and fully paid up

At 1 January

813,501

813,501

203,375

203,375

Issued for acquisition of a subsidiary (Note 17(a)(ii))

18,123

4,531

31 December

831,624

813,501

207,906

203,375

Share premium

At 1 January

Issued for acquisition of a subsidiary (Note 17(a)(ii))

60,168

31 December

60,168

The holders of ordinary shares are entitled to receive dividends as declared from time to time and are entitled to one

vote per share at meetings of the Company. All ordinary shares rank equally with regard to the Company’s residual

assets.

Share premium represents the excess of the issue price over the par value on shares issued less transaction costs arising

on issue.