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Datasonic Group Berhad
(Company No. 809759-X)
RESERVES AND PROVISIONS
All material transfers to or from reserves or provisions during the financial period are disclosed in the financial
statements.
ISSUES OF SHARES AND DEBENTURES
During the financial period,
(a) the Company had on 10 June 2014 increased its issued and paid-up share capital from RM67,500,000
to RM135,000,000 by way of a bonus issue of 675,000,000 new ordinary shares of RM0.10 each credited
as fully paid-up on the basis of 1 bonus share for every 1 existing ordinary share held and the bonus
shares were listed on the Main Market of Bursa Malaysia Securities Berhad (“Bursa Securities”) on 11
June 2014.
The new ordinary shares issued rank pari passu in all respects with the existing ordinary shares of the
Company; and
(b) there were no issues of debentures by the Company.
OPTIONS GRANTED OVER UNISSUED SHARES
During the financial period, no options were granted by the Company to any person to take up any
unissued shares in the Company.
BAD AND DOUBTFUL DEBTS
Before the financial statements of the Group and of the Company were made out, the directors took
reasonable steps to ascertain that actions had been taken in relation to the writing off of bad debts and
the making of allowance for impairment losses on receivables, and were satisfied that all known bad debts
had been written off and that adequate allowance had been made for impairment losses on receivables.
At the date of this report, the directors are not aware of any circumstances that would require the further
writing off of bad debts, or the additional allowance for impairment losses on receivables in the financial
statements of the Group and of the Company.
CURRENT ASSETS
Before the financial statements of the Group and of the Company were made out, the directors took
reasonable steps to ascertain that any current assets other than debts, which were unlikely to be realised
in the ordinary course of business, including their value as shown in the accounting records of the Group
and of the Company, have been written down to an amount which they might be expected so to realise.
At the date of this report, the directors are not aware of any circumstances which would render the values
attributed to the current assets in the financial statements of the Group and of the Company misleading.
VALUATION METHODS
At the date of this report, the directors are not aware of any circumstances which have arisen which render
adherence to the existing methods of valuation of assets or liabilities of the Group and of the Company
misleading or inappropriate.
DIRECTORS’ REPORT
(Cont’d)
