200901023978 (867077-X) Kimlun Corporation Berhad (Incorporated in Malaysia) 28. Share capital and treasury shares Share capital Share capital (Issued and Treasury (Issued and Treasury fully paid) shares fully paid) shares Total RM RM RM Group/Company At 1 January/ 31 December 2021/2022 353,378,716 20,000 255,944,359 (23,774) 255,920,585 (a) Share capital (b) Treasury shares 29. Retained earnings The entire retained earnings of the Company as at 31 December 2022 and 2021 may be distributed as dividends under single tier system. Treasury shares relate to ordinary shares of the Company that are held by the Company. The amount consists of the acquisition costs of treasury shares. The directors of the Company are committed to enhance the value of the Company for its shareholders and believe that the share purchase plan can be applied in the best interests of the Company and its shareholders. Dividends to owners of the Company and non-controlling interests are recognised in the statement of changes in equity in the period in which they are declared. Number of ordinary shares |------------------------ Amount ---------------------------| The holders of ordinary shares are entitled to receive dividends as and when declared by the Company. All ordinary shares carry one vote per share without restrictions and rank equally with regard to the Company's residual assets. - 87 - NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2022 Annual Report 2022 152
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