Basic HTML Version
Financial
Statements
& Others
106
Gamuda Berhad (29579-T)
Annual Report 2013
Issue of shares
During the financial year, the Company increased its issued and paid up capital from RM2,079,412,066 to
RM2,276,644,253 by way of:
a. The issuance of 44,026,000 new ordinary shares of RM1.00 each for cash arising from the exercise of options
under the Company’s ESOS at the option prices as disclosed in Note 28(e) to the financial statements; and
b. The issuance of 153,206,187 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 as
disclosed in Note 28(b) to the financial statements.
The ordinary shares issued from the exercise of options and Warrants 2010/2015 shall rank pari passu in all respects
with the existing issued ordinary shares of the Company except that they shall not be entitled to any dividends, rights,
allotments and/or other distributions, the entitlement date of which is prior to the date of allotment of the new shares.
Employees’ share option scheme
The Gamuda Berhad Employees’ Share Option Scheme (“ESOS”) was approved by shareholders at the Extraordinary
General Meeting held on 5 July 2006 and is effective for 5 years from 6 July 2006 to 5 July 2011 (“Expiry Date”). On
22 December 2009, the Expiry Date was subsequently extended to 5 July 2014, pursuant to By-law 17.3 of the ESOS.
The principal features of the ESOS, details of share options exercised during the financial year and outstanding at the
end of the financial year are disclosed in Note 28(c) and Note 28(e).
The Company has been granted exemption by the Companies Commission of Malaysia from having to disclose the
names of options, other than directors, who have been granted options to subscribe for less than 70,000 or more
ordinary shares of RM1.00 each. The names of the option holders granted options to subscribe for 70,000 or more
ordinary shares of RM1.00 each during the financial year are as follows:-
Name
Expiry date
Number of options
Yap Chin Hua
5 July 2014
140,000
Goh Khir Chaye
5 July 2014
138,000
Ubull A/L Dinom
5 July 2014
115,000
Foo Chew Sam
5 July 2014
100,000
Tan Kim Whatt
5 July 2014
100,000
Yong Ay Lu
5 July 2014
75,000
Lau Boon San
5 July 2014
70,000
Details of options granted to directors are disclosed in the section on Directors’ Interests in this report.
Director’s Report