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207
Gamuda Berhad (29579-T) • Annual Report 2012
28. Share capital
Number of ordinary
shares of RM1 each
Amount
2012
2011
2012
2011
’000
’000
RM’000
RM’000
Authorised:
At beginning/end of year
3,000,000
3,000,000
3,000,000
3,000,000
Issued and fully paid:
At beginning of year
2,064,824
2,025,888
2,064,824
2,025,888
Exercise of ESoS
12,889
37,553
12,889
37,553
Conversion of warrants
1,700
1,383
1,700
1,383
At end of year
2,079,413
2,064,824
2,079,413
2,064,824
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.
(a)
During the financial year, the Company increased its issued and paid-up share capital from RM2,064,824,000
to RM2,079,413,000 by way of:
(i)
Issuance of 12,889,000 new ordinary shares of RM1.00 each for cash arising from the exercise of
options under the Company’s ESoS; and
(ii)
Issuance of 1,700,000 new ordinary shares of RM1.00 each for cash arising from the exercise of
Warrants 2010/2015 at the exercise price of RM2.66 per warrant in accordance with the Deed Poll
dated 15 April 2010.
(b)
on 26 May 2010, the Company allotted and issued 252,306,013 new Warrants 2010/2015 at an issue price
of RM0.10 each on the basis of 1 Warrant 2010/2015 for every 8 existing ordinary shares held in the Company
on 30 April 2010. Each Warrant 2010/2015 entitles the registered holder to subscribe for 1 new ordinary
share in the Company at any time on or after 26 May 2010 to 25 May 2015, at an exercise price of RM2.66
in accordance with the Deed Poll. Any Warrant 2010/2015 not exercised by the date of maturity will lapse
thereafter and cease to be valid for all purposes.
NoTES To ThE FINANCIAL STATEMENTS
31 July 2012