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TANJUNG OFFSHORE BERHAD

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<strong>TANJUNG</strong> <strong>OFFSHORE</strong> <strong>BERHAD</strong> (662315-U)<br />

ANNUAL REPORT 2009<br />

NOTES TO THE FINANCIAL STATEMENTS<br />

31 DECEMBER 2009<br />

31. CONTINGENT LIABILITIES<br />

COMPANY<br />

As at 31 December 2009, the Company has the contingent liabilities as follows:<br />

102<br />

2009 2008<br />

RM RM<br />

Aggregate of corporate guarantees pursuant to banking facilities granted<br />

by a fi nancial institutions to the Group 258,000,000 397,048,000<br />

32. DIRECTORS’ REMUNERATION<br />

The directors’ remuneration during the current fi nancial year is as follows:<br />

GROUP COMPANY<br />

2009 2008 2009 2008<br />

RM RM RM RM<br />

Non-Executive<br />

- Fee 76,000 60,000 76,000 60,000<br />

- Other emoluments - 11,992 - 11,992<br />

76,000 71,992 76,000 71,992<br />

Executive<br />

- Other emoluments 3,677,500 2,957,608 1,270,068 834,000<br />

3,677,500 2,957,608 1,270,068 834,000<br />

Total directors’ remuneration 3,753,500 3,029,600 1,346,068 905,992<br />

Remuneration band:<br />

COMPANY<br />

Number of Directors<br />

2009 2008<br />

RM RM<br />

Non-Executive Directors:<br />

Below RM50,000 4 4<br />

Exeutive Directors:<br />

RM100,001 - RM200,000 1 3<br />

RM200,001 - RM250,000 3 1<br />

Above RM250,000 - -

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