Serba Dinamik Annual Report 2016

098 SERBA DINAMIK HOLDINGS BERHAD Company No.1167905 P DIRECTORS’ INTERESTS IN SHARES The interests of the Directors in the shares of the Company and of its related corporations (other than wholly-owned subsidiaries) as recorded in the Register of Directors’ Shareholdings are as follows: Number of ordinary shares At At 2.12.2015 Bought Sold 31.12.2016 The Company Direct interests: Faridah Binti Mahmood 1 – 1 – Farida Hanom Binti Hussin 1 – 1 – Dato’ Ir. Dr. Mohd Abdul Karim Bin Abdullah – 388,315,600 – 388,315,600 Dato’ Awang Daud Bin Awang Putera – 196,389,500 – 196,389,500 Abdul Kadier Sahib – 307,974,400 – 307,974,400 DIRECTORS’ BENEFITS Since the date of incorporation, no Director of the Company has received nor become entitled to receive any benefit (other than a benefit included in the aggregate amount of emoluments received or due and receivable by the Directors as shown in the financial statements or the fixed salary of a full time employee of the Company and of its related corporations) by reason of a contract made by the Company or a related corporation with the Director or with a firm of which the Director is a member, or with a company in which the Director has a substantial financial interest. There were no arrangements during and at the end of the financial period which had the object of enabling Directors of the Company to acquire benefits by means of the acquisition of shares in or debentures of the Company or any other body corporate. ISSUE OF SHARES AND DEBENTURES The Company was incorporated with an authorised share capital of RM400,000 comprising 800,000 ordinary shares. Two ordinary shares were issued as subscribers’ share at par for cash upon incorporation. The Company created 1,499,200,000 new ordinary shares during the financial period, increasing its authorised share capital from RM400,000 to RM750,000,000. On 25 May 2016, the Company issued 1,063,599,998 ordinary shares as purchase consideration for the acquisition of entire issued and paid-up share capital of Serba Dinamik Group Berhad. Save as above, there was no other changes in the authorised issued and paid-up capitals of the Company, nor issuances of debentures by the Company, during the financial period. OPTIONS GRANTED OVER UNISSUED SHARES No options were granted to any person to take up unissued shares of the Company during the financial period. DIRECTORS’ REPORT (Cont’d)