At 1 January Lapsed during the year
Exercisable at 31 December
THONG GUAN INDUSTRIES BERHAD
The number of share options are as follows :
Employee benefits - Group
The Group offers vested share options over ordinary shares to full time employees of the Group who have been confirmed with at least one year of service before the offer date or are Executive Directors of the Group (except for dormant companies within the Group) and non-Executive Directors of the Company.
In financial year ended 31 December 2005, 9,092,000 number of options were granted and vested on 12 November 2005.As allowed by the transitional provisions in FRS 2,the recognition and measurement principles in FRS 2 have not been applied to these grants.
Terms of the options outstanding at 31 December :
Earnings per ordinary share - Group
Basic earnings per ordinary share
The calculation of basic earnings per ordinary share is based on the profit attributable to shareholders of RM12,007,944 (2006 : RM21,071,180) and on the weighted average number of ordinary shares outstanding during the year of 105,204,500 (2006 : 105,204,500).
Diluted earnings per ordinary share
The calculation of diluted earnings per ordinary share for the financial year is the same as the basic earnings per ordinary share as the effect of anti-dilutive potential ordinary shares are ignored in calculating diluted earnings per ordinary share in accordance with FRS 133 on earnings per share and the weighted average number of ordinary shares outstanding during the year of 105,204,500 (2006 : 105,204,500).
First and final tax exempt dividend of 3 sen per share in
respect of the year ended 31 December 2006 (2006 : 5 sen per share tax exempt in respect of the financial year ended 31 December 2005)
Group and Company
A final dividend of 3 sen per share tax exempt in respect of the financial year ended 31 December 2007 will be proposed for shareholders’ approval at the forthcoming Annual General Meeting. The financial statements do not reflect this final dividend which,when approved by shareholders,will be accounted for as an appropriation of retained earnings from the shareholders’ equity in the financial year ending 31 December 2008.