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Frontken Corporation Berhad (651020-T)
ANNUAL REPORT
2016
19. SHORT-TERM INVESTMENTS
The Group
The Company
2016
2015
2016
2015
RM
RM
RM
RM
Unit trust
6,753,232
-
5,390,526
-
Money market fund
2,243,001
-
-
-
8,996,233
-
5,390,526
-
Fair value
8,996,233
-
5,390,526
-
20. SHARE CAPITAL
The Group/The Company
2016
2015
2016
2015
Number of shares
RM
RM
Ordinary shares of RM0.10 each :
Authorised
At beginning/end of year
5,000,000,000 5,000,000,000
500,000,000
500,000,000
Issued and fully paid-up
At beginning of year
1,053,435,130 1,011,408,160
105,343,513
101,140,816
Issued during the year
-
42,026,970
-
4,202,697
At end of year
1,053,435,130 1,053,435,130
105,343,513
105,343,513
In the previous financial year, the Company increased its issued and paid-up share capital from RM101,140,816
to RM105,343,513 by the issuance of 42,026,970 new ordinary shares of RM0.10 each pursuant to the exercise of
42,026,970 warrants at an exercise price of RM0.18 per warrant.
The new shares issued rank pari passu in all material respects with the existing shares of the Company.
21. RESERVES
The Group
The Company
2016
2015
2016
2015
RM
RM
RM
RM
Non-distributable:
Share premium
13,581,839
13,581,839
13,581,839
13,581,839
Treasury shares
(663,237)
(598,746)
(663,237)
(598,746)
Foreign currency translation reserve
34,703,988
29,626,180
-
-
Statutory reserve
3,908,108
2,466,577
-
-
Distributable:
Retained earnings
104,735,836
86,135,310
9,814,069
3,659,807
156,266,534
131,211,160
22,732,671
16,642,900
Notes To The Financial Statements
(cont’d)