37
FRONTKEN CORPORATION BERHAD
(651020-T)
ANNUAL REPORT 2014
ADDITIONAL
DISCLOSURE
1.
Share Buy-back
At the Tenth Annual General Meeting held on 26 June 2014, the shareholders of the Company granted authority
to the Company to purchase its own shares provided that the aggregate number of shares purchased shall
not exceed 10% of the total issued and paid-up share capital of the Company at the time of purchase.
The monthly breakdown of the shares purchased by the Company and retained as treasury shares during
the financial year are set about below:
Month
No. of Shares
Nominal Value
Per Share
(RM)
Total
Consideration
(RM)
Purchase Price Per Share (RM)
Highest
Lowest
Average
March 2014 10,000
0.10
1,041
0.100
0.100
0.100
August 2014 10,000
0.10
1,692
0.165
0.165
0.165
October 2014 3,000,000
0.10
366,535
0.130
0.118
0.122
As at 31 December 2014, the Company held 4,866,600 repurchased or treasury shares out of its total issued
and paid-up share capital of 1,011,408,160 ordinary shares of RM 0.10 each. Such treasury shares were
held at a carrying amount of RM564,995. There was no resale or cancellation of treasury shares during the
financial year.
2.
Options, Warrants or Convertible Securities
For the financial year ended 31 December 2014, there was no exercise of warrants. The Company has not
issued any options or convertible securities during the financial year.
3.
Depository Receipt
During the financial year, the Company did not sponsor any Depository Receipt.
4.
Sanction and/or Penalties
There were no sanctions and/or penalties imposed on the Company and its subsidiaries, directors or
management by the relevant regulatory bodies during the financial year.
5.
Non-Audit Fees
During the financial year, the non-audit fees paid by the Company to our external auditors, or a firm or company
affiliated to the external auditors for the financial year ended 31 December 2014 amounted to RM5,000.
6.
Variation in Results
There was no material variation between the interim financial reports previously announced on the 4th Quarter
results and the audited financial results for the financial year ended 31 December 2014.
7.
Profit Guarantee
During the financial year, there was no profit guarantee issued or received by the Company.
