FGV Annual Report 2012

4 Felda Global Ventures Holdings Berhad Directors’ Report CHANGES IN ISSUED AND PAID UP SHARE CAPITAL On 17 May 2012, the Company’s issued and paid up share capital increased from RM1,767,612,000 to RM2,668,151,500 comprised of 2,668,151,500 ordinary shares of RM1 each by converting its 329,949,500 RCPS and 570,590,000 RCCPS at a nominal value of RM0.01 each and a premium of RM0.99 each into 900,539,500 new ordinary shares of RM1.00 each. On 21 May 2012, the Company issued one special share of RM1.00 to the Minister of Finance (Incorporated), resulting in an increase in the issued and paid up share capital of the Company from RM2,668,151,500 to RM2,668,151,501. On 26 June 2012, in conjunction with the listing, the Company increased its issued and paid up capital from RM2,668,151,501 to RM3,648,151,501 by way of public issuance of 980,000,000 new ordinary shares of RM1 each. DIRECTORS The Directors who have held office since the date of the last report are as follows: Tan Sri Haji Mohd Isa Dato’Hj Abdul Samad Dato’Sabri Ahmad Datuk Dr. Omar Salim Dr. Mohd Emir Mavani Abdullah Datuk Shahril Ridza Ridzuan Dato’Yahaya Abd Jabar Dato’Paduka Ismee Ismail (Appointed on 25 July 2012) Datuk Wira Jalilah Baba (Appointed on 25 July 2012) Tan Sri Dato’Dr. Wan Abdul Aziz Wan Abdullah (Appointed on 12 August 2012) Dato’Sri Dr. Mohd Irwan Serigar Abdullah (Appointed on 29 November 2012) Datuk Nozirah Bahari (Appointed on 16 January 2013) (Alternate Director to Dato’Sri Dr. Mohd Irwan Serigar Abdullah) Dato’Abdul Rahman Ahmad (Resigned on 28 February 2013) DIRECTORS’ BENEFITS During and at the end of the financial year, no arrangements subsisted to which the Company is a party, being arrangements with the object or objects of enabling Directors of the Company to acquire benefits by means of the acquisition of shares in, or debentures of, the Company or any other body corporate. Since the end of the previous financial year, no Director has received or become entitled to receive a benefit (other than as disclosed in Note 12 to the financial statements) by reason of a contract made by the Company or a related corporation with the Director or with a firm of which he is a member, or with a company in which he has a substantial financial interest.