Datasonic Group Berhad 80 Additional Compliance Information The following information is provided in compliance with the Main Market Listing Requirements of Bursa Malaysia Securities Berhad:- 1. UTILISATION OF PROCEEDS RAISED FROM CORPORATE PROPOSAL The private placement amounting to RM126,284,000 from the private placement of 262,000,000 new ordinary shares at an issue price of RM0.482 per share of which the issued share capital of the Company was increased to RM261,284,000 comprising of 2,962,000,000 ordinary share, which was completed on 7 April 2021. On 7 October 2021, the Board has resolved to revise the utilisation of proceeds raised from the private placement by re-allocating the balance of proceeds previously earmarked for repayment of bank borrowings of approximately RM55.36 million to funding for the Group's existing and/or future projects. This amount is expected to be utilised by 7 April 2022, being 12 months from the listing of placement shares. On 4 April 2022, the Board has resolved to extend the time frame for the utilisation of the remaining unutilised proceeds raised from the private placement, re-allocated to finance the Group's existing and future projects for an additional six (6) months of up to eighteen (18) months from the listing of placement shares. The details of the private placement are set out as follows:- Description Proposed utilisation RM’000 Reallocation 7.10.2021 RM’000 Revised utilisation RM’000 Actual utilisation RM’000 Unutilised balance RM’000 Intended time frame for utilisation Revised time frame for utilisation Repayment of bank borrowings 79,950 (55,356) 24,594 (24,594) - Within 6 months - Finance Group’s existing and future projects 45,949 55,356 101,305 (77,555) 23,750 Within 12 months Within 18 months Estimated expenses in relation to the private placement 385 - 385 (385) - Within 1 month - 126,284 - 126,284 (102,534) 23,750 2. AUDIT AND NON-AUDIT SERVICES During the financial year ended 31 March 2022, the total audit and non-audit fees incurred for the services rendered to the Company and the Group by the external auditors, or a firm affiliated to the external auditors are as follows:- Group Company RM’000 RM’000 Audit fees 239 46 Non-audit fees 106 32 Total 345 78
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