85 FINANCIAL STATEMENTS & OTHERS ENRA GROUP BERHAD ANNUAL REPORT 2023 DIRECTORS’ INTERESTS (CONT’D) By virtue of his interests in the ordinary shares of the Company, Tan Sri Dato’ Kamaluddin bin Abdullah is also deemed to be interested in the ordinary shares of all the subsidiaries during the financial year to the extent the Company has an interest under Section 8(4) of the Companies Act 2016. None of the other Directors holding office at the end of the financial year held any interest in the ordinary shares and options over ordinary shares of the Company and of its related corporations during the financial year. DIRECTORS’ BENEFITS Since the end of the previous financial year, no Director has received or become entitled to receive a benefit (other than those benefits included in the aggregate amount of remuneration received or due and receivable by the Directors) by reason of a contract made by the Company or a related corporation with the Director or with a firm of which he or she is a member, or with a company in which he or she has a substantial financial interest except for any benefits which may be deemed to have arisen from related party transactions. There were no arrangements during and at the end of the financial year, to which the Company is a party, which had the object of enabling Directors to acquire benefits by means of the acquisition of shares in or debentures of the Company or any other body corporate except for the warrants and share options granted pursuant to the ESOS. DIRECTORS’ REMUNERATION Directors’ remuneration of the Group and of the Company during the financial year ended 31 March 2023 were as follows: Group and Company RM’000 Fees 372 Salaries 1,337 Other emoluments 715 Share options granted under ESOS 11 2,435 INDEMNIFYING DIRECTORS, OFFICERS OR AUDITORS The Group and the Company effected Directors’ liability insurance during the financial year to protect the Directors of the Group and of the Company against potential costs and liabilities arising from claims brought against the Directors. During the financial year, the total amount insurance premium paid for the Directors and the officers of the Group and of the Company is RM23,828. There were no indemnity given to or insurance effected for the auditors of the Group and of the Company during the financial year. Directors’ Report (Cont’d)
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