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KUMPULAN FIMA BERHAD
(11817-V) |
Annual Report
2016
EMPLOYEES’ SHARE SCHEME (“ESS”) (CONTD.)
During the year, the following officers of the Group have been vested with the RSGS shares under the Company’s
ESS:
Number of Ordinary Shares of RM1.00 Each Granted
under the Restricted Share Grant Scheme
1 April
31 March
Name
2015
Granted
Vested
2016
Mohd Yusof bin Pandak Yatim
-
18,000
(18,000)
-
Nazaruddin bin Mohd Hadri
-
18,000
(18,000)
-
Dzakwan bin Mansori
-
18,000
(18,000)
-
Ahmad Zakri bin Abu Bakar
-
14,000
(14,000)
-
Jasmin binti Hood
-
10,000
(10,000)
-
Lee Mo Leng
-
10,000
(10,000)
-
Kamalanathan a/l Sabapathy
-
10,000
(10,000)
-
Rosedean Zaily bin Zulkifli
-
10,000
(10,000)
-
Ali bin Khamis
-
10,000
(10,000)
-
Mohd Rizal bin Mat Nor
-
10,000
(10,000)
-
The vesting of the RSGS shares is conditional upon the satisfaction of the performance targets of the Group and
all other conditions as set out in the ESS Bye-Laws.
OTHER STATUTORY INFORMATION
(a) Before the statements of comprehensive income and statements of financial position of the Group and of the
Company were made out, the directors took reasonable steps:
(i) to ascertain that proper action had been taken in relation to the writing off of bad debts and the making
of allowance for doubtful debts and satisfied themselves that there were no known bad debts and that
adequate allowance had been made for doubtful debts; and
(ii) to ensure that any current assets which were unlikely to realise their values as shown in the accounting
records in the ordinary course of business had been written down to an amount which they might be
expected so to realise.
(b) At the date of this report, the directors are not aware of any circumstances which would render:
(i) it necessary to write off any bad debts or the amount of allowance for doubtful debts of the Group and
of the Company inadequate to any substantial extent; and
(ii) the values attributed to the current assets in the financial statements of the Group and of the Company
misleading.
(c) At the date of this report, the directors are not aware of any circumstances which have arisen which render
adherence to the existing method of valuation of assets or liabilities of the Group and of the Company
misleading or inappropriate.