E X C E L F O R C E M S C B E R H A D • A N N U A L R E P O R T 2 0 1 4
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ADDITIONAL COMPLIANCE INFORMATION
Material Contracts
There was no material contract between the Company and its subsidiaries involving the Directors and major
shareholders’ interests, either still subsisting at the end of the financial year or entered into since the end of the
previous financial year.
Non-Audit Fees
The amount on non-audit fees incurred for services rendered to the Group for the financial year by the Group’s
external auditors was RM6,100.00.
Recurrent Related Party Transactions (“RRPT”) of Revenue Nature
There was no RRPT in the Company during the financial year under review.
Share Buyback
There were no share buyback, share cancellation, shares held as treasury shares and resale of treasury shares
during the financial year under review.
Options, Warrants and Convertible Securities
On 18 July 2014, the Company issued 103,384,031 2014/2019 free Warrants (“the Warrants 2014/2019”) on the
basis of one (1) free warrant for every two (2) existing ordinary shares held of RM0.10 each. The Warrants are
constituted under a Deed Poll dated 1 July 2014 (“Deed Poll”). The Warrants 2014/2019 were listed on Main
Market of Bursa Malaysia Securities Berhad on 24 July 2014.
For more detail information kindly refer to the audited financial statement Note 15.
Utilisation of Proceeds
No proceeds were raised by the Company from any corporate proposal during the financial year ended
31 December 2014.
Other Information
During the FYE 31 December 2014, the Company:
• Has not undertaken sponsorship of any American Depository or Global Depository Receipt programmes;
• Has not been involved in any sanctions and / or penalties imposed on the Company, Directors or
management staff by the relevant regulatory bodies;
• Has not issued or announced any profit estimate, forecast or projection; and
• Did not receive any profit guarantee.
