DESTINI Annual Report 2018

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 2018 were as follows : Company (RM) Group (RM) Audit Services Rendered 95,000 909,918 Non-Audit Services Rendered (a) Review of Statement on Risk Management and Internal Control 5,000 5,000 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 39 to the audited consolidated financial statements on page 183 and 184 of this Annual Report, there were no material recurrent related party transactions of revenue nature during the financial year ended 31 December 2018. ADDITIONAL COMPLIANCE INFORMATION DESTINI BERHAD ANNUAL REPORT 2018 79