Page 167 - Exim iar24_Ebook
P. 167
EXIM BANK MALAYSIA ANNUAL REPORT 2024
7 FINANCIAL STATEMENTS 165
NOTES TO THE FINANCIAL STATEMENTS
23. DEFERRED INCOME
Group and Bank
2024 2023
RM’000 RM’000
Arising from:
(i) Guarantee and other fees from conventional banking activities
At 1 January 12,922 11,058
Addition during the year 994 3,428
Recognised in profit or loss (10,533) (1,564)
At 31 December 3,383 12,922
(ii) Guarantee and other fees from Islamic banking activities
At 1 January 4,638 3,057
Addition during the year 4,575 2,973
Recognised in profit or loss (2,378) (1,392)
At 31 December 6,835 4,638
10,218 17,560
24. SHARE CAPITAL AND REDEEMABLE CONVERTIBLE CUMULATIVE PREFERENCE SHARES
(a) Share capital
Group and Bank
2024 2023
Number of Number of
shares Amount shares Amount
‘000 RM’000 ‘000 RM’000
Issued and fully paid-up, at par value
Ordinary shares 2,708,665 2,708,665 2,708,665 2,708,665
Special rights ** ** ** **
At 31 December 2,708,665 2,708,665 2,708,665 2,708,665
** Special right of 1 unit at RM1.
The Special Rights Redeemable Share (“Special Rights”) may be held or transferred only to the Ministry of Finance
(Incorporated) or its successors or any Ministry, representative or any person acting on behalf of the Government of
Malaysia.
The Special Rights shareholder shall have the right from time to time to appoint any person to be an appointed Director
(“Government Appointed Director”), so that there shall not be more than four Government appointed Directors at any time.
The Special Rights shareholder or any person acting on its behalf shall be entitled to receive notice of and to attend and
speak at all general meetings of any meeting of any class of shareholders of the Bank, but the Special Share shall carry
neither right to vote nor any other rights at any such meeting.
In a distribution of capital in a winding up of the Bank, the Special Rights shareholder shall be entitled to repayment of the
capital paid up on the Special Share in priority to any repayment of capital to any other member. The Special Share shall
confer no other right to participate in the capital or profits of the Bank.
