GHL System Berhad Annual Report 2017

GHL SYSTEMS BERHAD 54 ADDITIONAL COMPLIANCE TO BURSA LISTING REQUIREMENTS 1. SHARE BUYBACK The Group has not purchased any of its own shares during financial year ("FY") 2017. 2. MATERIAL CONTRACT No material contract has been entered into by the Group which involved Directors’ and/or substantial shareholders’ interest at during FY 2017 or if not then subsisting, entered into since the end of previous financial year. 3. AMERICAN DEPOSIT RECEIPT (“ADR”) OR GLOBAL DEPOSITORY RECEIPT (“GDR”) The Group has not sponsored any ADR or GDR during FY 2017. 4. IMPOSITION OF SANCTIONS AND/OR PENALTIES No imposition of sanctions or penalties during FY 2017. 5. PROFIT GURANTEES During FY 2017, there were no profit guarantees given by the Group. 6. UTILISATION OF PROCEEDS RAISED FROM CORPORATE PROPOSALS No proceeds were raised during FY 2017. 7. OPTIONS, WARRANTS OR CONVERTIBLES SECURITIES There were no options, warrants or convertibles securities raised during FY 2017. 8. VARIANCE IN RESULTS No material variance between the result of the financial year and the unaudited financial results previously announced. 9. RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE The details of the related party transactions are set out in page 124 to 125 of the notes to the financial statement in which the transactions were carried out on terms and conditions not material different from those obtainable from transactions with unrelated parties.