MKH BERHAD ANNUAL REPORT 2024 Laying The Foundation of Excellence Where People Matter Guided by Leadership, Inspired by People Delivering Value That Matters to People PG. 158 SHARE OPTIONS No options have been granted by the Company to any parties during the financial year to take up unissued shares of the Company. No shares have been issued during the financial year by virtue of the exercise of any option to take up unissued shares of the Company. As at the end of the financial year, there were no unissued shares of the Company under options. TREASURY SHARES Treasury shares relate to ordinary shares of the Company that are repurchased and held by the Company in accordance with the requirements of Section 127(4)(b) of the Companies Act, 2016 in Malaysia. During the financial year, the Company repurchased 21,000 of its issued ordinary shares from the open market at an average price of RM1.30 per share. The total consideration paid for the repurchase including transaction costs was RM27,512. As at 30 September 2024, the Company held 9,153,300 treasury shares out of its 586,548,168 issued and paid-up ordinary shares. Such treasury shares are held at a carrying amount of RM11,139,790. Further details are disclosed in Note 28 to the financial statements. 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 financial 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 RM54,388. There was no indemnity given to or insurance effected for auditors of the Company in accordance with Section 289 of the Companies Act, 2016. SIGNIFICANT EVENTS DURING THE FINANCIAL YEAR Details of significant events during the financial year are disclosed in Note 40 to the financial statements. Directors’ Report
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