Goldis Berhad Annual Report 2009

DIRECTORS’ REPORT
FOR THE FINANCIAL YEAR ENDED 31 JANUARY 2009
SHARE CAPITAL
During the financial year, the Company increased its issued and paid-up ordinary share capital from RM323,333,830 to
RM323,389,830 by way of the issuance of 56,000 ordinary shares of RM1.00 each pursuant to the exercise of the Employees’
Share Option Scheme (“ESOS”) at exercise prices ranging from RM1.15 to RM1.17 per option. The premium arising from the
exercise of ESOS of RM8,521 has been credited to the Share Premium.
The new ordinary shares rank pari passu in all respects with the existing ordinary shares of the Company.
EMPLOYEES’ SHARE OPTION SCHEME
The Company’s Employees’ Share Option Scheme (“ESOS”) was approved by the shareholders at the Extraordinary General
Meeting held on 21 December 2001 and became effective on 20 May 2002, for a period of five years, expired on 19 May 2007,
in accordance with the ESOS Bye-Laws.
The Company’s ESOS Committee and the Board of Directors have approved an extension of the ESOS for a further period
of five (5) years from 20 May 2007 to 19 May 2012, to allow for additional time for the eligible employees and Directors to
exercise the remaining unexercised options and to continue to motivate and reward existing employees of the Company.
The extended ESOS is implemented in accordance with the terms of the amended Bye-Laws of the Company which was
approved at the Extraordinary General Meeting on 22 June 2005. On that date, the Directors were authorised to offer and
grant options to the following Non-Executive Directors:
Datuk Tan Kim Leong @ Tan Chong Min
Pauline Tan Suat Ming
Tan Boon Lee
Daud Mah bin Abdullah @ Mah Siew Whye
Details of the ESOS are set out in Note 34 to the financial statements.
The Company has been granted exemption by the Companies Commission of Malaysia vide their letter dated 20 February
2009 from having to disclose the list of option holders and their holdings pursuant to Section 169(11) of the Companies Act,
1965, except for information of employees who were granted 250,000 options and above.
No employee of the Company and its subsidiaries has been granted 250,000 options and above under the ESOS during the
financial year.
DIRECTORS
The Directors who have held office during the period since the date of the last report are as follows:
Tan Lei Cheng
Datuk Tan Kim Leong @ Tan Chong Min
Pauline Tan Suat Ming
Tan Boon Lee
Daud Mah bin Abdullah @ Mah Siew Whye
Datuk Harun bin Hashim Mohd
Goldis Berhad (515802-U)
annual report 2009
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