Treasury shares During the financial year, the Company purchased 27,595,400 of its issued ordinary shares from the open market. The average price paid for the shares repurchased was RM0.88 per share. The total consideration paid for the share purchase was RM24,278,293 including transaction cost. The ordinary shares purchase were being held as treasury shares in accordance with Section 127(6) of the Companies Act 2016 and were presented as a deduction from equity. As at 31 December 2022, the Company held 39,595,400 treasury shares out of the total 7,477,571,078 issued ordinary shares. Further relevant details are disclosed in Note 25 to the financial statements. Options granted over unissued shares No options were granted to any person to take up unissued shares of the Company during the financial year. Directors The Directors in office during the financial year until the date of this report are: Dato’ Dr Norraesah Binti Haji Mohamad* Wong Thean Soon* Datuk Mohd Jimmy Wong Bin Abdullah Wong Kok Chau Dato’ Sri Mohd Mokhtar Bin Mohd Shariff Dato’ Mohd Jeffrey Bin Joakim Mohaini Binti Mohd Yusof The Directors who held office in the subsidiaries (excluding Directors who are also Directors of the Company) during the financial year up to the date of this report: Dato’ Raja Haji Munir Shah Bin Raja Mustapha Chong Chien Ming Chong Mei Yee Cheong Kok Leong Khow Siong Long Malcolm Caesar Leong Sze Kwong Tan Seong Yeau Sean Cornelius Yoong Wan Yen Zulhelmi Bin Othman Tan Kai Jie Wong Thean Chye Chan Yat Choong Chow Kah Siong Ding XiaoTing Xu Bo Lu Peng Fei Benjamin Low Ewe Ee Chu Zhi Ning Gopirajan A/L J Rasamy (Appointed on 30 August 2022) Datuk Nor Adnan Bin Zainal Abidin (Resigned on 30 June 2022) Ong Hong Tiong (Resigned on 22 July 2022) Ong Eng Huat (Resigned on 22 July 2022) Priyaa Darshini A/P Paremasivem (Resigned on 30 August 2022) * Directors of the Company and its subsidiaries. DIRECTORS’ REPORT (cont’d) 140
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