Tropicana Corporation Berhad Annual Report 2023

DIRECTORS’!INDEMNITY During!the!financial!year&!the!total!amount!of!indemnity!coverage!and!insurance!premium!paid!for!directors!and!o2cers!of!the!Group!and!of! the!Company!were!RM+#&###&###!and!RM0"&+//!respectively' TREASURY!SHARES As!at!+$!December!"#"+&!the!number!of!treasury!shares!held!are!+$&%##&#1+!ordinary!shares'!Such!treasury!shares!are!held!at!carrying!amount! of!RM",&11#&###!and!further!relevant!details!are!disclosed!in!Note!",(b)!to!the!financial!statements' OTHER!STATUTORY!INFORMATION (a) Before!the!statements!of!comprehensive!income!and!statements!of!financial!position!of!the!Group!and!of!the!Company!were!made!out&! the!directors!took!reasonable!steps) (i) to!ascertain!that!proper!action!had!been!taken!in!relation!to!the!writing!o(!of!bad!debts!and!the!making!of!allowance!for!doubtful! debts!and!satisfied!themselves!that!all!known!bad!debts!had!been!written!o(!and!that!adequate!allowance!had!been!made!for! doubtful!debts*!and (ii) to!ensure!that!any!current!assets!which!were!unlikely!to!realise!their!values!as!shown!in!the!accounting!records!in!the!ordinary! course!of!business!had!been!written!down!to!an!amount!which!they!might!be!expected!so!to!realise' (b) At!the!date!of!this!report&!the!directors!are!not!aware!of!any!circumstances!which!would!render) (i) the!amount!written!o(!for!bad!debts!or!the!amount!of!the!allowance!for!doubtful!debts!in!the!financial!statements!of!the!Group! and!of!the!Company!inadequate!to!any!substantial!extent*!and (ii) the!values!attributed!to!the!current!assets!in!the!financial!statements!of!the!Group!and!of!the!Company!misleading'! (c) At!the!date!of!this!report&!the!directors!are!not!aware!of!any!circumstances!which!have!arisen!which!would!render!adherence!to!the! existing!method!of!valuation!of!assets!or!liabilities!of!the!Group!and!of!the!Company!misleading!or!inappropriate' (d) At!the!date!of!this!report&!the!directors!are!not!aware!of!any!circumstances!not!otherwise!dealt!with!in!this!report!or!financial!statements! of!the!Group!and!of!the!Company!which!would!render!any!amount!stated!in!the!financial!statements!misleading' (e) As!at!the!date!of!this!report&!there!does!not!exist) (i) any!charge!on!the!assets!of!the!Group!or!of!the!Company!which!has!arisen!since!the!end!of!the!financial!year!which!secures!the! liabilities!of!any!other!person*!or (ii) any!contingent!liability!of!the!Group!or!of!the!Company!which!has!arisen!since!the!end!of!the!financial!year' 175 FINANCIAL STATEMENTS & OTHER INFORMATION

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