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Connecting the nation. and Beyond. - ChartNexus

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v) sanctions <strong>and</strong>/or penalties Imposed<br />

There was no material sanctions <strong>and</strong>/or penalties<br />

imposed by <strong>the</strong> relevant regulatory bodies on MRCB or its<br />

subsidiary, directors or management during <strong>the</strong> financial<br />

year 2011.<br />

vi) non-audit Fees<br />

The amount of non-audit fees paid to <strong>the</strong> external auditors<br />

by <strong>the</strong> Group <strong>and</strong> Company for <strong>the</strong> financial year 2011<br />

were RM370,000 <strong>and</strong> RM198,000 respectively.<br />

vii) variation in results<br />

There was no variation in <strong>the</strong> financial results of 10%<br />

or more from any profit estimate/forecast/projection/<br />

unaudited results announced.<br />

viii) profit guarantee<br />

There were no profit guarantees given by <strong>the</strong> Company<br />

during <strong>the</strong> financial year 2011.<br />

ix) material contracts<br />

There has been no material contracts involving directors<br />

<strong>and</strong> major shareholders’ interests entered into during <strong>the</strong><br />

financial year 2011.<br />

x) List of properties <strong>and</strong> revaluation policy<br />

The list of properties is set out on page 146 to 148 of this<br />

Annual Report. There was no revaluation of properties of<br />

<strong>the</strong> Company during <strong>the</strong> financial year 2011.<br />

xi) recurrent related party transaction of a revenue or<br />

trading nature<br />

There were no recurrent related party transactions during<br />

<strong>the</strong> financial year 2011 except for those disclosed in <strong>the</strong><br />

audited financial statement which are exempted under<br />

<strong>the</strong> Listing Requirements.<br />

/ MRCB laporan tahunan 2011 / 135

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