NOTES TO THE FINANCIAL STATEMENTS
For The Financial Period From 1 January 2014 To 31 March 2015 (Cont’d)
91
Datasonic Group Berhad
(Company No. 809759-X)
17. SHARE CAPITAL (CONT’D)
In the previous financial year,
(a) Bonus Issue
The Company had on 4 July 2013 increased its issued and paid-up share capital from
RM45,000,000 to RM67,500,000 by way of a bonus issue of 45,000,000 new ordinary shares of
RM0.50 each credited as fully paid-up on the basis of 1 bonus share for every 2 existing ordinary
shares held and the bonus shares were listed on the Main Market of Bursa Securities on 5 July
2013.
The new ordinary shares issued rank pari passu in all respects with the existing ordinary shares
of the Company; and
(b) Share Split
(i) The Company had on 10 December 2013 amended its authorised share capital
of RM1,000,000,000 comprising 2,000,000,000 ordinary shares of RM0.50 each into
10,000,000,000 ordinary shares of RM0.10 each to facilitate the implementation of the
Share Split which involved the subdivision of every 1 existing ordinary share of RM0.50
each into 5 ordinary shares of RM0.10 each in the Company.
(ii) Pursuant to the Share Split on 10 December 2013, the issued and paid-up share capital of
the Company had been subdivided from RM67,500,000 comprising 135,000,000 ordinary
shares of RM0.50 each into RM67,500,000 comprising 675,000,000 ordinary shares of RM0.10
each.
These subdivided shares were listed on theMainMarket of Bursa Securities on 27 December
2013.
18. SHARE PREMIUM
Group/Company
31.3.2015
31.12.2013
RM’000
RM’000
At 1.1.2014/2013
7,033
29,533
Utilised for bonus issue
(7,033)
(22,500)
At 31.3.2015/31.12.2013
–
7,033
19. MERGER DEFICIT
The merger deficit of RM11,072,000 (31.12.2013 - RM11,072,000) resulted from the difference between
the carrying value of the investments in subsidiaries and the nominal value of the shares of the
Company’s subsidiaries upon consolidation under the merger accounting principle.
