MSTGOLF Integrated Annual Report 2023

SECTION 4: FINANCIAL PERFORMANCE 202Registration No: 199301009307 (264044-M) 64 25. EMPLOYEE BENEFITS EXPENSE (CONT’D) Included in the employee benefit expense is the Directors’ remuneration as below:- Group Company 2023 2022 2023 2022 RM’000 RM’000 RM’000 RM’000 Salaries, bonuses and allowances 3,732 3,926 2,800 2,308 Directors’ fees 222 47 222 47 Defined contribution plan 357 406 336 283 Social security contributions 2 3 2 2 Benefit-in-kind 141 136 141 136 4,454 4,518 3,501 2,776 * Amount is negligible 26. EARNINGS PER SHARE (a) Basic Basic earnings per share is calculated by dividing profit for the financial year attributable to ordinary equity holders of the Company by the weighted average number of ordinary shares in issue during the financial year. Profits attributable to ordinary shares:- Group 2023 2022 RM’000 RM’000 Profit attributable to ordinary equity holders of the Company 17,631 26,652 Weighted average number of ordinary shares in issue:- Group 2023 2022 No. of shares No. of shares Issued ordinary shares at 1 January 660,868,600 100,000 Effect of ordinary shares issued during the financial year 72,328,767 128,275,603 Weighted average number of ordinary shares at 31 December 733,197,367 128,375,603 Basic earnings per ordinary shares (sen) 2.41 20.76

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