Kimlun Corporation Berhad Annual Report 2020

200901023978 (867077-X) Kimlun Corporation Berhad (Incorporated in Malaysia) 8. Employee benefits expenses 2020 2019 RM RM Wages, salaries and bonus 71,756,098 77,866,958 Defined contribution plan 5,782,413 6,591,194 Social security contributions 910,016 824,296 78,448,527 85,282,448 Less: Wage subsidy received (1,595,400) - 76,853,127 85,282,448 9. Directors' remuneration 2020 2019 2020 2019 RM RM RM RM Directors of the Company Executive: Salaries and other emoluments 3,035,123 3,397,211 - - Bonus - 793,290 - - Defined contribution plan 503,283 701,977 - - Total executive directors' remuneration (excluding benefits-in-kind) (Note 8) 3,538,406 4,892,478 - - Estimated money value of benefits-in-kind 95,766 102,298 - - Total executive directors' remuneration (including benefits-in-kind) 3,634,172 4,994,776 - - Non-Executive: Fees 259,800 241,200 259,800 241,200 Other emoluments 16,150 15,300 16,150 15,300 Total non-executive directors' remuneration 275,950 256,500 275,950 256,500 Total directors' remuneration 3,910,122 5,251,276 275,950 256,500 Group Company Group The details of remuneration receivable by directors of the Company during the year are as follows: Included in employee benefits expenses of the Group are executive directors' remuneration amounting to RM3,538,406 (2019: RM4,892,478) as disclosed in Note 9. - 59 - Annual Report 2020 116 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020