Maxis Berhad | Annual Report 2012

Maxis Berhad // Annual Report 2012 159 FINANCIAL STATEMENTS CORPORATE GOVERNANCE ANALYSIS OF SHAREHOLDINGS OTHER INFORMATION ANNUAL GENERAL MEETING 30 BORROWINGS (CONTINUED) Contractual terms of borrowings (continued) Contractual Functional interest rate at currency/ Total reporting date currency carrying Maturity profile Company (per annum) exposure amount < 1 year 1-2 years 2-5 years > 5 years % RM’000 RM’000 RM’000 RM’000 RM’000 At 1 January 2011 Unsecured Syndicated term loans 1.35% - 1.60% + LIBOR (1) RM/USD 2,595,934 – – 1,129,400 1,466,534 Term loan 1.15% + COF (2) RM/RM 2,447,713 – 2,447,713 – – 5,043,647 – 2,447,713 1,129,400 1,466,534 Notes: (1) LIBOR denotes London Interbank Offered Rate. (2) COF denotes Cost of Funds. 31 SHARE CAPITAL (a) Share capital 2012 and 2011 Group and Company ’000 RM’000 Authorised ordinary shares of RM0.10 each As at 1 January/31 December 12,000,000 1,200,000 (b) ESOS Pursuant to the ESOS implemented on 17 September 2009, the Company will make available new shares, not exceeding in aggregate 250,000,000 shares during the existence of the ESOS, to be issued under the share options granted. The ESOS is for the benefit of eligible employees and eligible directors (executive and non-executive) of the Group and of the Company. The ESOS is for a period of 10 years and is governed by the ESOS Bye-Laws as set out in the Company’s Prospectus dated 28 October 2009 issued in relation to its initial public offering. An ESOS Committee comprising Directors of the Company has been set up to administer the ESOS. The ESOS Committee may from time to time offer share options to eligible employees and eligible directors of the Group and of the Company to subscribe for new ordinary shares of RM0.10 each in the Company. The salient features of the ESOS are as follows: (i) The total number of shares which may be issued under the ESOS shall not exceed in aggregate 250,000,000 during the existence of the Scheme save and except for any circumstances which may be specified in the Bye-Laws; (ii) Subject to the discretion of the Directors, any employee of the Company and its subsidiaries who has a written employment contract and any director (executive or non-executive) of the Company, shall be eligible to participate in the ESOS;