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Notes to the financial statements
31 December 2012
(continued)
Annual Report 2012 KPJ Healthcare Berhad
30. Share capital
Group/Company
2012
2011
RM’000
RM’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
292,492
279,954
Issued during the financial year:
- exercise of share warrants
30,599
12,538
323,091
292,492
(a) Treasury shares
On 25 June 2012, 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.
On 11 January 2013, the Company bought back from the open market 60,000 units of KPJ Healthcare Berhad shares, listed on the Main Market of
Bursa Malaysia Securities Berhad, at an average buy-back price of RM5.66 per share.
(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 shareholders 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 the Share Split, Bonus Issue and Free Warrants exercised shall upon issue and allotment, rank pari passu in all
respects.
The warrants exercise period is five years commencing from the offer date. Warrant exercise price is 15% discount to the theoretical ex-all price based
on five-day volume weighted-average market price up to and including 20 November 2009 (“price fixing date”).
Set out below are details of the free warrants issued by the Company:
Number of warrants 2010/2015
Exercise
At
At
Issuance date
Expiry date
price
1.1.2012
Exercised 31.12.2012
RM/share
‘000
‘000
‘000
15 January 2010
14 January 2015
1.70
74,549
(61,198)
13,351