Kimlun Corporation Berhad Annual Report 2019

Annual Report 2019 Kimlun Corporation Berhad 140 NOTES TO THE FINANCIAL STATEMENTS For the financial year ended 31 December 2019 (cont’d) 27. Deferred tax liabilities/(assets) (cont'd) 28. Share capital and treasury shares Share Share capital Treasury capital (Issued and shares (Issued and Treasury fully paid) fully paid) shares Total Company RM RM RM At 1 January 2018 320,544,940 20,000 223,817,821 (23,774) 223,794,047 Issuance of ordinary shares pursuant to: Dividend reinvestment plan of the Company 11,243,464 - 13,492,157 - 13,492,157 Conversion of warrants 102,700 - 232,102 - 232,102 Share issue expenses - - (90,561) - (90,561) At 31 December 2018 and 1 January 2019 331,891,104 20,000 237,451,519 (23,774) 237,427,745 Issuance of ordinary shares pursuant to: Dividend reinvestment plan of the Company 7,929,839 - 9,912,299 - 9,912,299 Share issue expenses - - (85,114) - (85,114) At 31 December 2019 339,820,943 20,000 247,278,704 (23,774) 247,254,930 |------------------------ Amount ---------------------------| Number of ordinary shares For Malaysian entities, the unutilised tax losses up to the year of assessment 2019 shall be deductible until year of assessment 2026. The unutilised tax losses for the year of assessment 2020 onwards will expire in seven (7) years.