EXCEL FORCE MSC BERHAD Annual Report 2023

40 EXCEL FORCE MSC BERHAD Additional Compliance Information MATERIAL CONTRACTS There was no material contract between the Company and its subsidiaries companies involving the Directors and major shareholders' interests, either still subsisting at the end of the financial year or entered since the end of the previous financial year. STATUTORY AUDIT AND NON-STATUTORY AUDIT FEES The amount of audit and non-audit fees incurred for the services render by external auditors of the Group and of the Company for the financial period ended 30 June 2023 are as follows: Group RM Company RM Audit fees 75,000 66,000 Non-audit fees 5,000 5,000 CHANGE OF FINANCIAL YEAR END The financial year end of the Group has been changed from 31 December to 30 June. As such, the current set of audited financial statements shall be for a period of eighteen (18) months from 1 January 2022 to 30 June 2023. There will be no comparative financial information available for the financial period ended 30 June 2023. UTILISATION OF PROCEEDS No proceeds were raised by the Company from any corporate proposal during the financial period ended 30 June 2023.

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