DAYANG ENTERPRISE HOLDINGS BHD
(712243-U)
|
Annual Report
2015
42
Additional Compliance
Information
as at 31 December 2015
1.
Utilization of Proceeds from Corporate Exercise
The Company had successfully placed out 52,100,000 new ordinary shares of RM0.50 each pursuant to the
Private Placement 2014 which raised a gross proceeds of approximately RM175.58 million. The status of utilization
of the proceeds as follows:
Amount raised from Private
Placement 2014 (RM’000)
Actual Utilization
(RM’000)
Working capital and/or potential
investment projects(s)
170,677
170,677
Expenses in relation to the Private
Placement
4,900
4,900
175,577
175,577
2.
Share Buy-Back
During the financial year ended 31 December 2015, no shares were bought back from the market.
3.
Options, Warrants or Convertible Securities
There were no options, warrants or convertible securities exercised in respect of the financial year.
4.
Depository Receipt Programme
The Company did not sponsor any Depository Receipt Programme during the financial year ended 31 December
2015.
5.
Imposition of Sanctions and / or Penalties
There were no public sanctions and/or penalties imposed on the Company or its subsidiaries, directors or
management by the relevant regulatory bodies during the financial year ended 31 December 2015.
6.
Non-Audit Fees
The amount of non-audit fees incurred for services rendered to the Company and its subsidiaries by the
Company’s auditors for the financial year ended 31 December 2015 was as follows:-
Item Nature of services rendered
RM
a.
GST Consultation fees
210,000
b.
Tax fee
57,055
c.
Other advisory fees
72,000
Total
339,055
7.
Variation in Results
There were no material variances between the audited results of the financial year ended 31 December 2015
and the unaudited results previously released by the Company.
8.
Profit Guarantee
The Company did not receive any profit guarantee during the financial year under review.
9.
Material Contracts
There were no material contracts entered into by the Company and/or its subsidiaries during the financial year
ended 31 December 2015 which involves the interests of the Directors and major shareholders.
10.
Recurrent Related Party Transactions of a Revenue or Trading Nature (“RRPTs”)
The details of RRPTs undertaken by the Group during the financial year under review are disclosed in Note 35 to
the financial statements on page 138.
