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KOTRA INDUSTRIES BERHAD - Kotra Pharma

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<strong>KOTRA</strong> <strong>INDUSTRIES</strong> <strong>BERHAD</strong><br />

(Incorporated in Malaysia)<br />

Company No. : 497632 – P<br />

NOTES TO THE FINANCIAL STATEMENTS<br />

FOR THE FINANCIAL YEAR ENDED 30 JUNE 2007<br />

16. AMOUNT OWING BY A SUBSIDIARY<br />

The amount owing by a subsidiary is unsecured, interest-free and not subject to fixed<br />

terms of repayment.<br />

17. DEPOSITS WITH LICENSED BANKS<br />

The weighted average effective interest rate and weighted average maturity of deposits<br />

of the Group at the balance sheet date was 2.80% (2006 – 3.10%) per annum and 1<br />

day (2006 – 30 days) respectively.<br />

18. SHARE CAPITAL<br />

THE COMPANY<br />

2007 2006 2007 2006<br />

NUMBER OF SHARES(‘000) RM’000 RM’000<br />

AUTHORISED:<br />

ORDINARY SHARES OF RM0.50<br />

EACH:-<br />

At 1 July 100,000 100,000 50,000 50,000<br />

Increase during the financial<br />

year 100,000 - 50,000 -<br />

At 30 June 200,000 100,000 100,000 50,000<br />

ISSUED AND FULLY PAID-UP:<br />

At 1 July 56,242 56,242 28,121 28,121<br />

Allotment during the financial<br />

year 5 - 2 -<br />

At 30 June 56,247 56,242 28,123 28,121<br />

An Employees’ Share Option Scheme (“ESOS”) was approved by the Securities<br />

Commission on 22 April 2003 and the shareholders at an Extraordinary General Meeting<br />

held on 10 July 2003.<br />

Page 40

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