DESTINI AR 2017

Utilisation of Proceeds from Corporate Exercise During the financial year, there were no proceeds raised by the Company from any corporate proposals. Audit and Non Audit Fees Paid to External Auditors During the financial year, the amount of audit and non-audit fees paid/payable to the external auditors by the Company and the Group respectively for the financial year ended 31 December 2017 were as follows : Company Group (RM) (RM) Audit Services Rendered RM90,000 RM526,335 Non-Audit Services Rendered (a) Review of Statement on Risk Management and Internal Control RM5,000 RM5,000 Material Contracts There was no material contract entered into by the Company and/or its subsidiaries involving Directors’ and major shareholders’ interests. Contracts Relating to Loans There was no material contract relating to loans entered into by the Company involving Directors and major shareholders. Recurrent Related Party Transactions of a Revenue Nature Save for such disclosure made in note 38 to the audited consolidated financial statements on pages 157 to 158 of this Annual Report, there were no material recurrent related party transactions of revenue nature during the financial year ended 31 December 2017. 65 DESTINI BERHAD Annual Report 2017 COMPLIANCE INFORMATION ADDITIONAL