DIRECTORS’ BENEFITS Since the end of the previous financial year, no Director of the Bank has received nor become entitled to receive any benefit, other than those fees and other benefits included in the aggregate amount of remuneration received or due and receivable by Directors other than as shown below: Group Bank 2023 RM’000 2022 RM’000 2023 RM’000 2022 RM’000 Executive Director Salaries and other remuneration 806 1,454 – – Non-Executive Directors Fees 1,738 1,795 1,413 1,509 Other emoluments 1,366 1,688 1,106 1,438 Benefit-in-kind 984 681 984 681 4,088 4,164 3,503 3,628 5,090 5,618 3,503 3,628 There were no arrangements during and at the end of the financial year which had the object of enabling Directors of the Bank to acquire benefits by means of the acquisition of shares in or debentures of the Bank or any other body corporate. DIRECTORS’ INTERESTS IN SHARES AND DEBENTURES According to the Register of Directors’ Shareholdings required to be kept under Section 59 of the Companies Act 2016, none of the Directors who held office at the end of the financial year held any shares or debentures in the Company or its subsidiaries during the financial year. ISSUE OF SHARES AND DEBENTURES During the financial year ended 31 December 2023, the Group and the Bank increased its issued and paid-up ordinary shares from 2,155,269,114 units to 2,266,473,214 units via: (i) Issuance of 88,736,000 new ordinary shares amounting to RM200.5 million arising from the Dividend Reinvestment Plan (“DRP”) relating to electable portion of the single-tier interim dividend of 10.40 sen in respect of the financial year ended 31 December 2022, as disclosed in Note 39 to the financial statements; and (ii) Issuance of 22,468,100 new ordinary shares amounting to RM43.1 million arising from the Dividend Reinvestment Plan (“DRP”) relating to electable portion of the single-tier second interim dividend of 3.40 sen in respect of the financial year ended 31 December 2022, as disclosed in Note 39 to the financial statements. There were no debentures issued during the financial year. OPTIONS GRANTED OVER UNISSUED SHARES No options were granted to any person to take up unissued shares of the Bank during the financial year. 250 Directors’ Report for the financial year ended 31 December 2023 Bank Islam Malaysia Berhad ◆ Integrated Annual Report 2023
RkJQdWJsaXNoZXIy NDgzMzc=