DIRECTORS’ INTERESTS (CONT’D.) According to the Register of Directors’ Shareholdings, the interests of the directors in office at the end of the financial year in ordinary shares and/or ICPS in the Company and its related corporations during the financial year were as follows: (cont’d.) 1 Deemed interest by virtue of his interests in Aliran Firasat Sdn Bhd, Golden Diversity Sdn Bhd, Impeccable Ace Sdn Bhd and T Shares 1 Sdn Bhd pursuant to Section 8 of the Companies Act 2016 and his spouse interest pursuant to Section 59(11) of the Companies Act 2016. 2 Deemed interest by virtue of his interest in Beta Assets Management Sdn Bhd pursuant to Section 8 of the Companies Act 2016. 3 Deemed interest by virtue of his spouse interest in DIT Sdn Bhd pursuant to Section 59(11) of the Companies Act 2016. 4 Deemed interest by virtue of his interest in DIT Sdn Bhd pursuant to Section 8 of the Companies Act 2016. Other than as disclosed above, none of the other directors in office at the end of the financial year had any interest in ordinary shares and/or ICPS in the Company or its related corporations during the financial year. DIRECTORS’ INDEMNITY During the financial year, the total amount of indemnity coverage and insurance premium paid for directors and officers of the Group and of the Company were RM50,000,000 and RM104,165 respectively. TREASURY SHARES As at 31 December 2024, the number of treasury shares held are 47,285,843 ordinary shares. Such treasury shares are held at carrying amount of RM47,257,000 and further relevant details are disclosed in Note 28(b) to the financial statements. OTHER STATUTORY INFORMATION (a) Before the statements of comprehensive income and statements of financial position of the Group and of the Company were made out, the directors took reasonable steps: (i) to ascertain that proper action had been taken in relation to the writing off of bad debts and the making of allowance for doubtful debts and satisfied themselves that all known bad debts had been written off and that adequate allowance had been made for doubtful debts; and (ii) to ensure that any current assets which were unlikely to realise their values as shown in the accounting records in the ordinary course of business had been written down to an amount which they might be expected so to realise. FINANCIAL STATEMENTS & OTHER INFORMATION 225
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