Serba Dinamik Annual Report 2019

315 33. SIGNIFICANT EVENTS (a) On 9 May 2019, the Group via SD International Sukuk Limited, a wholly owned indirect subsidiary of the Company, has issued and finalised a Sukuk Wakalah programme, and raised approximately USD300 millon for the purpose of general working capital and refinancing of existing debts with tenure of 3 years, payable semi-annually at an annual profit rate of 6.30%, and with maturity on year 2022. (b) On 12 December 2019, the Group via SD International Sukuk II Limited, a wholly owned indirect subsidiary of the Company, has issued and finalised a Sukuk Wakalah programme, and raised approximately USD200 million for the purpose of general working capital with tenure of 5 years and 3 months, payable semi-annually at an annual profit rate of 6.99%, and with maturity on year 2025. (c) The number of ordinary shares of the Company has increased from 1,468,500,000 to 3,083,849,878 following the listing of the subdivided shares and bonus shares, as detailed below on the Main Market of Bursa Securities on 4 December 2019: (i) number of subdivided shares of 734,249,957 pursuant to share split involving a subdivision of every two existing ordinary shares into three shares; and (ii) number of bonus shares of 881,099,921 pursuant to bonus issue on the basis of two bonus shares for every five subdivided shares; (d) The issuance of 881,099,921 free warrants on the basis of two warrants for every five subdivided shares has been completed on 13 December 2019 following the listing and quotation of the warrants on the Main Market of Bursa Securities. 34. CAPITAL COMMITMENT - GROUP 2019 2018 RM’000 RM’000 Land and buildings Contracted but not provided for 436,440 607,572 ========= ========= N O T E S T O T H E F I N A N C I A L S TAT E M E N T S