Sasbadi Annual Report 2021

106 SASBADI HOLDINGS BERHAD FINANCIAL STATEMENTS (continued) 106 18. SHARE CAPITAL AND RESERVES (continued) (f) Share option reserve (continued) Employees’ share option scheme (“ESOS”) (continued) The number and weighted average exercise prices of share options are as follows: 2021 2020 Exercise Number Exercise Number Group price of options price of options RM ’000 RM ’000 Outstanding at 1 September 2020 / 2019 0.17 10,000 - - Granted during the financial year 0.12 10,000 0.17 10,000 Exercised 0.12 (5,075) - - Lapsed 0.17 (10,000) - - Outstanding at 31 August 0.12 4,925 0.17 10,000 Exercisable at 31 August 0.12 4,925 0.17 10,000 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 2021 2020 RM RM Fair value of share options and assumptions Fair value of grant date 0.05 0.04 Volume-weighted average share price 0.1296 0.1722 Exercise price 0.1200 0.1700 Option life 2 years 1 year Value of employee services received for issue of share options Group 2021 2020 RM’000 RM’000 Share options granted, representing expenses recognised 500 400 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.