Quality - UAC Berhad

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Notes to The Financial StatementsFor The Financial Year Ended 31 December 200523 SHARE CAPITALGroup & Company2005 2004RM'000 RM'000Authorised ordinary shares of RM1 each 100,000 100,000Issued and fully paid ordinary shares of RM1 eachAt 1 January 73,238 72,455Issued during the financial year:- exercise of share options 643 783At 31 December 73,881 73,238Employees' Share Option SchemeThe Company implemented an Employees' Share Option Scheme (“ESOS”) on 29 April 2002 for a period of 5 years.The ESOS is governed by the by-laws which were approved by the shareholders at the Extraordinary GeneralMeeting of the Company held on 18 February 2002.The main features of the ESOS are as follows:• The total number of ordinary shares to be issued by the Company under the ESOS shall not exceed 10% of thetotal issued and paid-up ordinary shares of the Company.• Eligible persons are employees and full time executive directors who have served the Group for a continuousperiod of at least one (1) year and have been confirmed in service on the date of offer. The eligibility forparticipation in the ESOS shall be at the discretion of the Option Committee administering the ESOS.• The option price under the ESOS is to be at a discount of not more than 10% of the average of the mean marketquotation of the shares of the Company as quoted in the Daily Official List issued by Bursa Malaysia SecuritiesBerhad for the five market days preceding the offer date, or the par value of the shares of the Company ofRM1.00, whichever is the higher.• The options granted may be exercised at any time before the expiry of the ESOS on 28 April 2007. Theemployees' entitlements to the options are vested (i.e. they are not conditional on future employment) as soonas they are allocated and become exercisable.• No option shall be granted for less than 2,000 shares or more than 250,000 shares. The option may be exercisedin full or such lesser number of ordinary shares provided the number shall be in multiples of 1,000 shares.• Details of the share option allocation criteria can be obtained from the Company's Personnel Department.• The persons to whom the options have been granted have no right to participate by virtue of the options in anyother company.76 UAC BERHAD (5149-H) (Incorporated in Malaysia)
Notes to The Financial StatementsFor The Financial Year Ended 31 December 200523 SHARE CAPITAL (continued)Employees' Share Option Scheme (continued)Set out below are details of options over the ordinary shares of the Company granted under the ESOS:Number of sharesExercise At start At endprice of year Granted Exercised Lapsed of yearGrant date Expiry date RM/share '000 '000 '000 '000 '000Year ended31.12.20056 May 2002 28 April 2007 3.48 807 0 (444) 0 36323 June 2003 28 April 2007 3.77 138 0 (77) (2) 5916 Aug 2004 28 April 2007 4.40 296 0 (81) (10) 20510 Aug 2005 28 April 2007 4.37 0 199 (41) 0 1581,241 199 (643) (12) 785Year ended31.12.20046 May 2002 28 April 2007 3.48 1,476 0 (669) 0 80723 June 2003 28 April 2007 3.77 232 0 (90) (4) 13816 Aug 2004 28 April 2007 4.40 0 331 (24) (11) 2961,708 331 (783) (15) 1,24131.12.2005 31.12.2004'000 '000Number of options vested at balance sheet date 785 851Details relating to options exercised during the financial year are as follows:Fair value of shares atNumber of shares issuedshare issue date 2005 2004Exercise date RM/share Exercise price RM/share '000 '000January - April 2004 4.98 - 5.08 3.48 - 3.77 0 539June - November 2004 4.80 - 4.89 3.48 - 4.40 0 230December 2004 5.08 3.77 - 4.40 0 14January - April 2005 4.96 - 5.05 3.48 - 4.40 186 0May - October 2005 4.81 - 4.87 3.48 - 4.40 234 0November - December 2005 4.78 - 4.79 3.48 - 4.40 223 0643 783UAC BERHAD (5149-H) (Incorporated in Malaysia) 77
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ContentsNotice of Annual General Me
Page 4 and 5:
Notice of Annual General MeetingPro
Page 6 and 7:
Corporate DataDIRECTORSJen (B) Tan
Page 10 and 11:
Profile of DirectorsJen (B) Tan Sri
Page 12 and 13:
Profile of DirectorsDatuk Alladin H
Page 14 and 15:
Profile of DirectorsTan Leh KiahAge
Page 16 and 17:
Chairman’s StatementTHE BUSINESS
Page 18 and 19:
Chairman’s StatementIn line with
Page 20 and 21:
Chairman’s StatementY. Bhg. Dato'
Page 22 and 23:
Penyata PengerusiPERSEKITARAN PERNI
Page 24 and 25:
Penyata PengerusiSelaras dengan kel
Page 26 and 27: Penyata PengerusiY. Bhg. Dato' Siew
Page 28 and 29: Corporate Governance StatementThe C
Page 30 and 31: Corporate Governance StatementThe a
Page 32 and 33: Report of The Audit CommitteeThe Bo
Page 34 and 35: Report of The Audit CommitteeMEETIN
Page 36 and 37: Statement on Internal ControlINTROD
Page 38 and 39: Statement on Internal ControlENTERP
Page 41 and 42: Financial StatementsDirectors’ Re
Page 43 and 44: Directors’ ReportFor The Financia
Page 45 and 46: Directors’ ReportFor The Financia
Page 47 and 48: Report of The AuditorsTo The Member
Page 49 and 50: Balance SheetsAs At 31 December 200
Page 51 and 52: Company Statement of Changes in Equ
Page 53 and 54: Company Cash Flow StatementFor The
Page 55 and 56: Notes to The Financial StatementsFo
Page 67: Notes to The Financial StatementsFo
Page 82 and 83: Statements of ShareholdingsAs At 27
Page 84 and 85: Notes84
Page 86: fold hereAffixStampHereUAC BERHAD3r
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Quality - UAC Berhad

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