Frontken Berhad Annual Report 2024

FRONTKEN CORPORATION BERHAD 200401012517 (651020-T) ANNUAL REPORT 2024 55 DIRECTORS’ BENEFITS Since the end of the previous nancial year, no director has received or become entitled to receive any bene t (other than directors’ remuneration as disclosed in the “Directors’ Remuneration” section of this report) by reason of a contract made by the Company or a related corporation with the director or with a rm of which the director is a member, or with a company in which the director has a substantial nancial interest except for any bene ts which may be deemed to arise from transactions entered into in the ordinary course of business with companies in which certain directors have substantial nancial interests as disclosed in Note 14 to the nancial statements. Neither during nor at the end of the nancial year was the Group or the Company a party to any arrangements whose object is to enable the directors to acquire bene ts by means of the acquisition of shares in or debentures of the Company or any other body corporate. DIRECTORS’ REMUNERATION The details of the directors’ remuneration paid or payable to the directors of the Company during the nancial year are as follows: The Group The Company RM RM Fees 340,352 340,352 Salaries and other emoluments 14,194,985 7,426,142 De ned contribution plan 1,491,526 1,410,805 16,026,863 9,177,299 INDEMNITY AND INSURANCE COST During the nancial year, there was no indemnity given to or professional indemnity insurance effected for directors, of cers or auditors of the Company. SUBSIDIARIES The details of the subsidiary name, place of incorporation, principal activities and percentage of issued share capital held by the Company in each subsidiary are disclosed in Note 13 to the nancial statements. The available auditors’ reports on the nancial statements of the subsidiaries did not contain any quali cation. DIRECTORS’ REPORT (CONT’D)

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