GHL System Berhad Annual Report 2019

A N N U A L R E P O R T 2 0 1 9 87 Non-distributable Distributable Share capital Treasury shares Share options reserve Accumulated losses Total equity Company Note RM RM RM RM RM Balance as at 1 January 2018 208,109,527 (305,847) - (151,592,794) 56,210,886 Profit for the financial year - - - 11,912,904 11,912,904 Other comprehensive income, net of tax - - - - - Total comprehensive income - - - 11,912,904 11,912,904 Transactions with owners: Share options granted under ESS 23 - - 1,019,645 - 1,019,645 ESS forfeited 23 - - (700) - (700) Resale of treasury shares in open market 23 788,374 305,847 - - 1,094,221 Ordinary shares issued pursuant to: - Private placement 23 84,500,000 - - - 84,500,000 - Acquisition of new subsidiaries 23 20,793,159 - - - 20,793,159 - ESS 23 152,500 - (17,500) - 135,000 Total transactions with owners 106,234,033 305,847 1,001,445 - 107,541,325 Balance as at 31 December 2018 314,343,560 - 1,001,445 (139,679,890) 175,665,115 STATEMENTS OF CHANGES IN EQUITY FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 CONT’D