MKH Annual Report 2020

82 FINANCIAL STATEMENTS ANNUAL REPORT 2020 INDEMNITY AND INSURANCE FOR DIRECTORS, OFFICERS AND AUDITORS The Company maintains directors’ and officers’ liability insurance for purposes of Section 289 of the Companies Act, 2016, throughout the year, which provides appropriate insurance coverage for the directors and officers of the Company. The amount of insurance premium paid during the year amounted to RM40,290. There was no indemnity given to or insurance effected for auditors of the Company. SIGNIFICANT EVENTS DURING THE FINANCIAL YEAR AND SUBSEQUENT EVENTS Details of significant events during the financial year and subsequent events are disclosed in Note 40 to the financial statements. AUDITORS The auditors, Deloitte PLT, have expressed their willingness to continue in office. AUDITORS’ REMUNERATION The amount paid or payable by the Group and the Company as remuneration of the auditors for audit services for the financial year ended 30 September 2020 amounting to RM568,475 and RM52,000 respectively. Signed on behalf of the Board in accordance with a resolution of the directors dated 30 December 2020. TAN SRI DATO’ CHEN KOOI CHIEW @ TAN SRI DATUK CHEN LOK LOI CHENG NGI CHONG