ANNUAL REPORT 2012 - Wawasan TKH Holdings Berhad
ANNUAL REPORT 2012 - Wawasan TKH Holdings Berhad
ANNUAL REPORT 2012 - Wawasan TKH Holdings Berhad
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020<br />
WAWASAN <strong>TKH</strong> HOLDINGS BERHAD (540218-A)<br />
<strong>ANNUAL</strong> <strong>REPORT</strong> <strong>2012</strong><br />
DIRECTORS’ <strong>REPORT</strong><br />
The Directors hereby submit their report and the audited financial statements of the Group and of the Company<br />
for the financial year ended 31 December <strong>2012</strong>.<br />
PRINCIPAL ACTIVITIES<br />
The Company is principally engaged in investment holding whilst the principal activities of the subsidiaries<br />
are set out in Note 9 to the financial statements. There have been no significant changes in the nature of these<br />
activities during the financial year.<br />
RESULTS<br />
Loss for the financial year attributable to owners of the parent<br />
Group<br />
RM’000<br />
(10,245)<br />
Company<br />
RM’000<br />
(3,334)<br />
DIVIDEND<br />
No dividend has been paid, declared or proposed by the Company since the end of the previous financial year.<br />
The Directors do not recommend any dividend in respect of the financial year ended 31 December <strong>2012</strong>.<br />
RESERVES AND PROVISIONS<br />
There were no material transfers to or from reserves or provisions during the financial year other than those<br />
disclosed in the financial statements.<br />
ISSUE OF SHARES AND DEBENTURES<br />
During the current financial year, the Company increased its issued and paid-up share capital by issuance<br />
of 16 million new ordinary shares of RM0.10 each for cash via the exercise of 16 million detachable warrants<br />
2008/2013 (‘Warrants’) at exercise price of RM0.21 per Warrant on the basis of one (1) new ordinary share<br />
for every one (1) Warrant exercised pursuant to the Deed Poll dated 24 July 2008.<br />
The newly issued shares rank pari passu in all respects with the existing shares of the Company. There were<br />
no other issues of shares during the financial year.<br />
There were no issues of debentures during the financial year.<br />
OPTIONS GRANTED OVER UNISSUED SHARES<br />
No options were granted to any person to take up unissued shares of the Company during the financial year.<br />
DIRECTORS<br />
The Directors who have held for office since the date of the last report are:<br />
Dato’ Tan Kim Hor<br />
Dato’ Tan Boon Pun<br />
Dato’ Tan Hoe Pin<br />
Dr. Tan Ban Leong<br />
YAM Datuk Seri Tengku Ahmad Shah Al-Haj Ibni Almarhum Sultan Salahuddin Abdul Aziz Shah Al-Haj<br />
Michael Lim Hee Kiang<br />
Geh Cheng Hooi
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