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FIMA CORPORATION BERHAD
(21185-P) |
Annual Report
2016
•
Utilisation of Proceeds Raised from Corporate Proposals
No proceeds were raised by the Company from any corporate exercise during the financial year.
•
Share Buy-Back
During the financial year, the Company repurchased 84,000 of its issued ordinary shares from the open
market at an average price of RM2.19. The total consideration paid for the repurchase including transaction
costs was RM184,985. The shares repurchased are being held as treasury shares in accordance with
Section 67A of the Companies Act, 1965.
No. of
Lowest
Highest
Average
Total
Month of
Shares
Purchase Purchase Purchase
Purchase
Purchase
Purchased
Price
Price
Price Consideration
(RM)
(RM)
(RM)
(RM)
August 2015
22,900
2.18
2.22
2.19
50,608
January 2016
14,500
2.20
2.22
2.21
32,236
February 2016
2,500
2.19
2.19
2.19
5,525
March 2016
44,100
2.16
2.19
2.17
96,616
TOTAL
84,000
2.16
2.22
2.19
184,985
•
Options, Warrants or Convertible Securities
There were no issues or exercise of options, warrants or convertible securities during the financial year.
•
American Depository Receipt (ADR)/Global Depository Receipt (GDR) Programmes
During the financial year, the Company did not sponsor any ADR or GDR programmes.
•
Sanctions and/or Penalties
There were no sanctions or penalties imposed on the Company, its subsidiaries, directors or management
by the regulatory bodies during the financial year.
•
Non-Audit Fees
Non-audit fees paid to the external auditors during the financial year was RM8,000 (2015: RM8,000).
•
Profit Estimate, Forecast or Projection
The Company did not release any profit estimate, forecast or projection for the financial year.
ADDITIONAL COMPLIANCE
INFORMATION