Page 178 - KPJ_2011

30. Share capital
(a) Treasury shares
On 16 June 2011, at the Annual General Meeting, the shareholders of the Company renewed their approval for
the Company to buy-back its own shares of up to ten percent (10%) of the issued and paid-up share capital of the
Company.
In the previous mnancial year, the Company bought back from the open market 10,000 units of KPJ Healthcare Berhad
shares, listed on the Main Market of Bursa Malaysia Securities Berhad, at an average buy-back price of RM2.26 per
share. The total consideration paid for share buy-back, including transaction costs, was RM22,765 and was mnanced
by internally generated fund. The shares purchased were retained as treasury shares.
(b) Share split, bonus issue and free warrants
On 15 January 2010, the Company has subdivided its existing 211,050,615 ordinary shares of RM1 each into
422,101,230 ordinary shares of RM0.50 each (“Share Split”).
On the same date, the Company issued bonus shares of up to 105,525,308 new ordinary shares of RM0.50 each,
which credited as fully paid up by the Company, on the basis of one (1) Bonus Shares for every four (4) shares held
by the entitled share holders of the Company after the share split (“Bonus Issue”).
On the same date, the Company issued up to 131,906,635 free warrants on the basis of one (1) free warrant for every
four (4) shares held by the entitled shareholders of the Company after the Share Split and Bonus Issue.
The new shares issued arising from Share Split, Bonus Issue and Free Warrants exercised shall upon issue and
allotment, rank pari passu in all respects.
The warrants exercise period is mve years commencing from the offer date. Warrant exercise price is 15% discount to
the theoretical ex-all price based on mve-day volume weighted-average market price up to and including 20 November
2009 (“price mxing date”).
Set out below are details of the free warrants issued by the Company:
15 January 2010 14 January 2015 1.70 99,626 (25,077) 74,549
Number of warrants 2010/2015
Exercised
‘000
Exercise
price
RM/share
Expiry date Issuance date
At 31.12.2011
‘000
At 1.1.2011
‘000
Authorised ordinary shares of RM0.50 each
At 1 January / 31 December 500,000 500,000
Issued and fully paid ordinary shares of RM0.50 each
At 1 January 279,954 211,051
Issued during the mnancial year
- issuance of bonus shares - 52,762
- exercise of share warrants 12,538 16,141
292,492 279,954
Group/Company
2011
RM’000
2010
RM’000
NOTES TO THE FINANCIAL STATEMENTS
For the financial year ended 31 December 2011 (continued)
173 ANNUAL REPORT 2011