DIRECTORS’ REPORT ISSUE OF SHARES AND DEBENTURES (CONT’D.) During the financial year, the Company issued Islamic Medium Term Note (“Sukuk Wakalah”) of RM250,320,000 in nominal value out of its RM1.5 billion Sukuk Wakalah Programme 2, which has been assigned a credit rating of AIS with a stable outlook by Malaysian Rating Corporation Berhad. The proceeds from the issuance of the Sukuk Wakalah shall be utilised by the Company and/or its group of companies for the following Shariahcompliant purposes: (a) to finance capital expenditure and/or investments (including but not limited to the purchase of land(s), building(s), shares, property and/ or payment into joint ventures) of the Company and/or its group of companies; all of which shall be Shariah-compliant; (b) to finance working capital of the Company and/or its group of companies; (c) to refinance existing conventional borrowings and/or existing/future Islamic financing facilities of the Company or its group of companies; (d) to finance general corporate purposes of the Company and/or its group of companies; and/or (e) to defray fees, costs and expenses in relation to the issuance of the Sukuk Wakalah and the Sukuk Wakalah Programme 2. There were no other issue of shares and debentures of the Company during the financial year. DIRECTORS The names of the directors of the Company in office since the beginning of the financial year to the date of this report are: Tan Sri Dato’ Sri Mohamad Fuzi Bin Harun Tan Sri Dato’ Tan Chee Sing Din Tan Yong Chia Dion Tan Yong Chien Jared Ang Tzer Shen Datuk Mark Victor Rozario (Appointed on 3 December 2024) Datuk Wira Lye Ek Seang Alice Dora Boucher Vivienne Cheng Chi Fan Datuk Tan Mann Chai, JP Emelia Binti Matrahah (Appointed on 4 March 2025) Dato’ Mohamad Lotfy Bin Mohamad Noh (Resigned on 17 January 2024) Dato’ Dickson Tan Yong Loong (Resigned on 28 February 2024) Dato’ Sri Badrul Hisham Bin Abdul Aziz (Resigned on 21 August 2024) Koh Huey Min (Resigned on 4 March 2025) The names of the directors of the Company’s subsidiaries in office since the beginning of the financial year to the date of this report (not including those directors listed above) are: Tan Sri Dato’ Lim Kang Hoo Tan Sri Datuk Seri Lim Keng Cheng Dato’ Avinderjit Singh A/L Harjit Singh Dato’ Dickson Tan Yong Loong Dato’ Gan Nyap Liou @ Gan Nyap Liow ANNUAL REPORT 2024 222
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