Page 129 - KPJ_2011

Directors’ Report (continued)
The directors declared fourth interim single tier dividend of 4.7 sen per share on 595,200,000 ordinary shares amounting
to RM27,974,400 on 23 February 2012.
The directors do not propose any mnal dividend for the mnancial year ended 31 December 2011.
Issue of shares
During the mnancial year, 25,077,310 new ordinary shares of RM0.50 each were issued by the Company for cash by virtue
of the conversion of warrants at an exercise price of RM1.70 per share.
The new ordinary shares issued during the mnancial year rank pari passu in all respects with the existing ordinary shares
of the Company.
Directors
The names of the directors of the Company in ofmce since the date of the last report and at the date of this report are:
Kamaruzzaman bin Abu Kassim (Chairman)
Datin Paduka Siti Sa’diah Sh Bakir (Managing Director)
Datuk Dr Hussien bin Awang
Datuk Azzat bin Kamaludin
Zainah binti Mustafa
Hj Ahamad bin Mohamad
Dr Kok Chin Leong
Dr Yoong Fook Ngian
Hj Rozan bin Mohd Sa’at
Abd Razak bin Haron (Appointed on 1 July 2011)
Amiruddin bin Abdul Satar (Appointed on 1 July 2011)
Tan Sri Dato’ Seri Arshad bin Ayub (Retired on 16 June 2011)
In accordance with Article 96 of the Company’s Articles of Association, Datin Paduka Siti Sa’diah Sh Bakir, Zainah
binti Mustafa and Hj Rozan bin Mohd Sa’at, retire at the forthcoming Annual General Meeting and being eligible, offer
themselves for re-election.
In accordance with Article 97 of the Company’s Articles of Association, Amiruddin bin Adbul Satar and Abdul Razak bin
Haron retire at the forthcoming Annual General Meeting and being eligible, offer themselves for re-election.
In accordance with Section 129 (6) of the Companies Act 1965, Datuk Dr Hussein Bin Awang and Dr Yoong Fook Ngian
retire and offer themselves for re-appointment and to hold ofmce until the conclusion of the next Annual General Meeting
of the Company.
Directors’ benefits
Neither at the end of the mnancial year, not at any time during that year, did there subsist any arrangement to which
the Company was a party, whereby the directors might acquire benemts by means of the acquisition of shares in or
debentures of the Company or any other body corporate, other than those arising from the share options granted under
the Employee Share Option Plan.
Since the end of the previous mnancial year, no director has received or become entitled to receive a benemt (other than
benemts included in the aggregate amount of emoluments received or due and receivable by the directors or the mxed
salary of a full-time employee of the Company as shown in Note 8 to the mnancial statements) by reason of a contract
made by the Company or a related corporation with any director or with a mrm of which he is a member, or with a company
in which he has a substantial mnancial interest, except as disclosed in Note 33 to the mnancial statements.
ANNUAL REPORT 2011 124