Connecting the nation. and Beyond. - ChartNexus

152 / MRCB annual report 2011 /
DIRECTORS’ REPORT
EMPLOYEES’ SHARE OPTION SCHEME (cont’d)
The Company has been granted an exemption by the Companies Commission of Malaysia from having to disclose in this report
the names of the persons to whom options less than 120,000 have been granted during the financial year and details of their
holdings.
The names and the number of options granted and accepted during the financial year in respect of the 2007/2012 ESOS, for
120,000 options and in excess are as follows:
Number of options over ordinary
Name shares of RM1.00 each
Ahmad Sharifuddin Abdul Rahman 178,750
Faizah Ainal Yahya 165,000
Lee Siew Mann 165,000
Anuarulhadi Abu 137,500
Kamal Ezany Ab Rashid 137,500
Asrar Ma’sum 120,000
MD Fadzilah Yunus 120,000
Mohd Arif Ahmad 120,000
Mohd Ghazali Kadir 120,000
Mohd Yusoff Kassim 120,000
Details of options granted to the Directors are disclosed in the section on Directors’ Benefits in this report.
STATUTORY INFORMATION ON THE FINANCIAL STATEMENTS
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:
(a) to ascertain that proper action had been taken in relation to the writing off of bad debts and the making of allowance for
doubtful debts and satisfied themselves that all known bad debts had been written off and that adequate allowance had
been made for doubtful debts; and
(b) to ensure that any current assets, other than debts, which were unlikely to realise in the ordinary course of business their
values as shown in the accounting records of the Group and of the Company had been written down to an amount which
they might be expected so to realise.
At the date of this report, the Directors are not aware of any circumstances:
(a) which would render the amounts written off 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; or
(b) which would render the values attributed to current assets in the financial statements of the Group and of the Company
misleading; or
(c) which have arisen which render adherence to the existing method of valuation of assets or liabilities of the Group and of
the Company misleading or inappropriate.