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Download - Axiata Group Berhad - Investor Relations

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13. SHARE CAPITAL<strong>Group</strong>Company2009 2008 2009 2008RM’000 RM’000 RM’000 RM’000Ordinary shares of RM1 eachAuthorised:At beginning of financial year 5,000,000 5,000,000 5,000,000 500,000Created during the financial year (Note (b)) 7,000,000 — 7,000,000 4,500,000At end of the financial year 12,000,000 5,000,000 12,000,000 5,000,000Issued and fully paid:At beginning of financial year 3,753,402 3,577,393 3,753,402 35,693Issued during the financial year– as part of demerger (Note (a)) — — — 3,541,700– acquisition of XL and SunShare (Note 6(III)(a) and (b)) — 176,009 — 176,009– rights issue (Note (c)) 4,691,752 — 4,691,752 —At end of the financial year 8,445,154 3,753,402 8,445,154 3,753,402(a)As disclosed in Note 6(I), the net consideration in respect of the <strong>Group</strong> Restructuring was partially satisfied by theissuance of 3,541,700,000 ordinary shares of RM1 each of the Company at a premium of RM0.073. The ordinaryshares are issued as part settlement of the consideration payable by the Company to TM of RM3,801,000,000under the demerger agreement entered between the Company and TM;(b)On 24 March 2009, the Company increased its authorised share capital of the Company from RM5,000,000,000divided into 5,000,000,000 ordinary shares of RM1 each to RM12,000,000,000 by the creation of 7,000,000,000new ordinary shares of RM1 each; and(c)On 6 May 2009, the issued and paid up share capital of the Company was increased from RM3,753,401,980comprising 3,753,401,980 ordinary shares of RM1 each to RM8,445,154,455 by the allotment and issuance of4,691,752,475 new ordinary shares of RM1 each at the issue price of RM1.12 each in conjunction with the rightsissue exercise as mentioned in Note 37(b) to the financial statements.The above mentioned share rank pari-passu in all respects with the existing ordinary shares of the Company.Annual Report 2009 • 207

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