38
Annual Report 2015
The following information is provided in accordance with Paragraph 9.25 of the Main Market Listing
Requirements of Bursa Malaysia Securities Berhad as set out in Appendix 9C thereto.
1.
UTILISATION OF PROCEEDS
The total proceeds raised from the Company’s Initial Public Offer (“IPO”) has been fully utilised as at
29 August 2014. The details of the utilisation of proceeds are as follows:-
Proposed
Actual
Balance to
Description
Utilisation
utilisation
utilise
(RM’000)
(RM’000)
(RM’000) (%)
Capital expenditure
17,100
17,100
–
0%
R&D expenditure
6,000
6,000
–
0%
Working capital
15,000
15,000
–
0%
Listing expenses
2,648
2,648
–
0% Note
Total gross proceeds
40,748
40,748
–
Note:
The total listing expenses was RM2.65 million of which RM1.03 million was offset against share premium
as these transaction costs were directly attributed to the issuance of new shares from the IPO exercise
in the financial year ended 31 December 2012.
2.
SHARE BUY BACK
The Company does not have a share buy back programme in place for the financial period ended
31 March 2015.
3.
GLOBAL DEPOSITORY RECEIPT PROGRAMME
The Company did not sponsor any global depository receipt programme for the financial period
ended 31 March 2015.
4.
OPTIONS, WARRANTS OR CONVERTIBLE SECURITIES
The Company did not issue any options, warrants or convertible securities for the financial period
ended 31 March 2015.
5.
PROFIT GUARANTEE
There was no profit guarantee given by the Company for the financial period ended 31 March 2015.
6.
VARIATION IN RESULTS
The results for the fifth quarter and fifteen months financial period ended 31 March 2015 announced
on 29 May 2015 were audited.
ADDITIONAL COMPLIANCE INFORMATION
