GHL System Berhad Annual Report 2017

ANNUAL REPORT 2017 59 EXECUTIVES’ SHARE SCHEME (cont’d) The details of the options over the ordinary shares of the Company are as follows: Option price RM Number of options over ordinary shares Outstanding as at 1.1.2017 Movements during the financial year Outstanding as at 31.12.2017 Exercisable as at 31.12.2017 Granted Exercised Forfeited Date of offer 20 June 2014 - second tranche 0.574 1,420,001 - (1,420,001) - - - - third tranche 0.574 1,499,999 - (1,499,999) - - - 2,920,000 - (2,920,000) - - - 8 September 2015 - first tranche 0.860 600,000 - (600,000) - - - - second tranche 0.860 600,000 - (600,000) - - - - third tranche 0.860 600,000 - (600,000) - - - 1,800,000 - (1,800,000) - - - DIRECTORS’ REMUNERATION Group and Company RM Directors of the Company: Executive Directors: - salaries, bonus and allowances 1,169,231 - defined contribution plan 141,482 Non-Executive Directors: - allowances - current year 45,013 - provision 9,000 - fees 328,000 1,692,726 The estimated monetary value of benefits-in-kind received by the Directors otherwise than in cash from the Group and from the Company amounted to RM65,746. DIRECTORS’ REPORT CONT’D