182 Annual Report 2022 Share capital The holders of ordinary shares are entitled to receive dividends as and when declared by the Company from time to time and are entitled to one vote per share at meetings of the Company. All ordinary shares rank equally with regards to the Company’s residual assets. Treasury shares Treasury shares relate to ordinary shares of the Company that are held by the Company. The amount consists of the acquisition costs of treasury shares net of the proceeds received on their subsequent sale or issuance. The Company has not repurchased any treasury shares during the financial year. The directors of the Company are committed` to enhancing the value of the Company for its shareholders and believe that the repurchase plan can be applied in the best interests of the Company and its shareholders. The repurchase transactions were financed by internally generated funds. The shares repurchased are held as treasury shares. (a) (b) Notes to the Financial Statements For the Financial Year Ended 30 September 2022 SHARE CAPITAL 28. 2022 At beginning of year/end of year 2021 At beginning and end of year The Group and The Company Share capital (issued and fully paid-up) RM Amount Number of shares Treasury shares RM Share capital (issued and fully paid-up) Treasury shares 654,458,655 654,458,655 (11,112,278) (11,112,278) 586,548,168 586,548,168 (9,132,300) (9,132,300) RESERVES 29. 2022 RM The Company 2021 RM 2021 RM 2022 RM The Group Translation reserve Non-distributable Revaluation reserve 27,359,331 671,520 671,520 27,359,331 (677,699) - - 7,641,236 26,681,632 671,520 671,520 35,000,567 Retained earnings Distributable 1,036,040,993 555,163,280 492,736,368 1,129,194,466 1,062,722,625 555,834,800 493,407,888 1,164,195,033
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