Directors’ interests (cont’d.) According to the register of directors' shareholdings, the interests of directors in office at the end of the financial year in shares and opঞons over shares in the Company and its related corporaঞons during the financial year were as follows: (i) Deemed interest by virtue of his direct shareholdings in Shining Term Sdn. Bhd., Ambang Kuasa Sdn. Bhd., Magnitude Point Sdn. Bhd. and Yakin Teladan Sdn. Bhd. pursuant to Secঞon 8 of the Companies Act 2016 ("the Act") and the shareholdings of his spouse and offspring pursuant to Secঞon 59 (11)(c) of the Act. (ii) D eemed interest by virtue of his direct shareholdings in Supreme Interest Sdn. Bhd., pursuant to Secঞon 8 of the Act and the shareholdings of his spouse pursuant to Secঞon 59 (11)(c) of the Act. (iii) Deemed interest of shares held by spouse pursuant to Secঞon 59(11)(c) of the Act. By virtue of his shareholdings in the Company, Dato' Seri Lee Tian Hock is deemed to have interests in the shares in the Company and its related corporaঞons during the financial year to the extent of the Company's interests, in accordance with Secঞon 8 of the Companies Act 2016. The other directors in office at the end of the financial year had no interest in shares in the Company or its related corporaঞons during the financial year. Directors' indemnitY During the financial year, the directors and officers of the Company and its subsidiaries are covered under the Directors’ and Officers’ Liability Insurance ("DOLI") in respect of liabiliঞes arising from acts commied in their respecঞve capacity, as inter alia, as the directors and officers of the Company and its subsidiaries which is subject to the terms of the DOLI policy procured for its group of companies. The indemnity coverage and total amount of insurance premium paid for the DOLI by the Company were RM184,200,000 and RM58,000 respecঞvely. Issues of shares and debentures During the financial year: (a) the Company increased its issued share capital by way of issuance of 625,673,809 new ordinary shares pursuant to the bonus issue exercise undertaken by the Company on the basis of 1 bonus share for every 2 exisঞng ordinary shares held by the shareholders of the Company; and (b) there were no issues of debentures by the Company. Options granted over unissued shares During the financial year, no opঞons were granted by the Company to any person to take up any unissued shares in the Company. directors' report 144 MATRIX CONCEPTS HOLDINGS BERHAD INTEGRATED ANNUAL REPORT 2025 07 FINANCIAL STATEMENTS
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