Sasbadi Annual Report 2020

115 ANNUAL REPORT 2020 FINANCIAL STATEMENTS (continued) 19. Employee benefits (continued) Share-based payments arrangement (continued) The fair value of services received in return for share options granted is based on the fair value of share options granted, measured using the Black-Scholes model, with the following inputs: Group 2020 2019 RM RM Fair value of share options and assumptions Fair value at grant date 0.04 - Volume-weighted average share price 0.1722 - Exercise price 0.1700 - Option life 1 year - Value of employee services received for issue of share options Group 2020 2019 RM’000 RM’000 Share options granted 400 - Total expense recognised as share-based payments 400 - The share options expense is not recognised in the profit or loss of the Company as it has been re-charged to the subsidiaries benefiting from the services of the employees.