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Annual Report 2020
193
Notes to the Financial Statements
As at 31 March 2020
kumpulan Fima Berhad
(197201000167)(11817-V)
26. Cash and bank balances (cont’d.)
The weighted average effective interest rates per annum of deposits at the reporting date were as follows:
Group
Company
2020
%
2019
%
2020
%
2019
%
Licensed banks
3.02
3.17
2.12
2.85
The average maturity of deposits at the reporting date were as follows:
Group
Company
2020
Days
2019
Days
2020
Days
2019
Days
Licensed banks
37
46
7
22
27. Share capital
Number of ordinary shares
Amount
2020
‘000
2019
‘000
2020
RM’000
2019
RM’000
Issued and fully paid:
At 1 April 2019/2018 and at 31 March
282,232
282,232
311,670
311,670
The holders of ordinary shares (except treasury shares) are entitled to receive dividends as and when declared by the
Company. All ordinary shares carry one vote per share without restrictions.
28. Treasury shares
This amount relates to the acquisition cost of treasury shares.
The shareholders of the Company, by an ordinary resolution passed in a general meeting held on 28 August 2019,
gave their approval for the Company’s plan to buy back its own shares. The directors of the Company are committed to
enhancing the value of the Company to its shareholders and believe that the share buy back plan can be applied in the
best interests of the Company and its shareholders.