76 / 102
75
AEMULUS HOLDINGS BERHAD
TA R G E T I N G T H E B U L L’ S E Y E
14. CAPITAL AND RESERVES (Cont’d)
14.1 Share capital (Cont’d)
As part of the Company’s listing scheme which entails the acquisition of ACSB and the listing on the ACE Market
of Bursa Malaysia Securities Berhad, the Company had during the financial period issued:
(a)
351,059,980 new ordinary shares of RM0.10 each at par as consideration for the acquisition of ACSB; and
(b)
87,790,000 new ordinary shares of RM0.10 each as part of the Initial Public Offering exercise at RM0.28 per
ordinary shares.
14.2 Reserves
GROUP
COMPANY
30.9.16
30.9.15
30.9.16
30.9.15
RM
RM
RM
RM
Non-distributable:
Share premium (Note 14.2.1)
15,210,093
15,210,093
15,210,093
15,210,093
Exchange translation Reserve
(Note 14.2.2)
(8,127)
–
–
–
Merger deficit (Note 14.2.3)
(12,954,053)
(12,954,053)
–
–
2,247,913
2,256,040
15,210,093
15,210,093
14.2.1 Share premium
GROUP AND COMPANY
30.9.16
30.9.15
RM
RM
Balance at beginning/incorporation
15,210,093
–
Arising from public issue
–
15,802,200
Share issue expenses
–
(592,107)
Balance at end
15,210,093
15,210,093
Share premium comprises the premium paid on subscriptions of shares in the Company over and above
the par value of the shares, net of transaction costs associated with the issuing of shares.
14.2.2 Exchange translation reserve
The exchange translation reserve is in respect of foreign exchange differences on translation of the
financial statements of the subsidiary’s foreign branch.
14.2.3 Merger deficit
The merger deficit is in respect of the difference between the cost of merger and the nominal value of
shares acquired in ACSB.
NOTES TO THE FINANCIAL STATEMENTS
(Cont’d)
– 30 SEPTEMBER 2016