| ANNUAL REPORT 2015
158
NOTES TO THE FINANCIAL STATEMENTS
30 June 2015 (cont’d)
17. SHARE CAPITAL
Group and Company
2015
2014
Number
Number
of shares
of shares
’000
RM’000
’000
RM’000
Authorised:
Balance as at 1 July (ordinary shares of RM0.50 each)
500,000 250,000
500,000
250,000
Share Split, into RM0.25 each
500,000
-
-
-
Balance as at 30 June
1,000,000 250,000
500,000
250,000
Issued and fully paid
Balance as at 1 July (ordinary shares of RM0.50 each)
201,571 100,786
201,571
100,786
Issued pursuant to Bonus Issue
201,572 100,786
-
-
Share Split, into RM0.25 each
403,144
-
-
-
Balance as at 30 June
806,287 201,572
201,571
100,786
During the financial year, the Company implemented a bonus issue of 201,571,850 newordinary shares of RM0.50 each (“Bonus
Shares”) on the basis of one (1) new ordinary share for every one (1) then existing ordinary share held in the Company (“Bonus
Issue”) through the capitalisation of RM100,785,925 from the Company’s share premium and retained earnings available
based on its audited proforma statement of reserves as at 30 June 2013 and unaudited proforma statement of reserves as at
31 March 2014.
Concurrently, the Company implemented a share split involving a subdivision of every one (1) Bonia Shares of RM0.50 each
(then existing and Bonus Shares) into two (2) ordinary shares of RM0.25 each. Pursuant to the share split, 403,143,700 ordinary
shares of RM0.50 each of the Company were subdivided into 806,287,400 ordinary shares of RM0.25 each (“Share Split”).
Accordingly, the authorised share capital of the Company was subdivided from RM250,000,000 comprising 500,000,000
ordinary shares of RM0.50 each to RM250,000,000 comprising 1,000,000,000 ordinary shares of RM0.25 each to facilitate the
implementation of the Share Split.
The holders of ordinary shares are entitled to receive dividends as and when declared by the Company and are entitled to
one (1) vote per ordinary share at meetings of the Company as prescribed in the Articles of Association of the Company. All
ordinary shares rank pari passu with regard to the residual assets of the Company.
