KENANGA ANNUAL REPORT 2020

321 ANNUAL REPORT 2020 // KENANGA INVESTMENT BANK BERHAD 53. PRIOR YEAR RECLASSIFICATION (CONT’D.) The impact in the consolidated statements of profit or loss and other comprehensive income is reconciled as below: For the financial year ended 31 December 2019 Previously stated RM’000 Decrease/ increase RM’000 As restated RM’000 Group Interest expense (158,731) (1,440) (160,171) Other operating income 346,628 772 347,400 Share of result of a joint venture (7,573) 668 (6,905) Net impact 180,324 - 180,324 54. DIRECTORS OF SUBSIDIARIES OF THE GROUP The following is the list of Directors who served on the Boards of the subsidiaries of the Group since the beginning of the financial year to the date of the Directors’ report: No Name of subsidiaries Name of Directors 1 Kenanga Futures Sdn Bhd Luigi Fortunato Ghirardello Emmanuel, Dominique, Martial, Georges, Faure Sree Kumar A/L C K Nayar Azila Binti Abdul Aziz Vaithiyanathan A/L Madavan (appointed on 1 January 2021) Izlan Bin Izhab (resigned on 1 January 2021) Lum Chee Wah (resigned on 1 January 2021) 2 Kenanga Nominees (Asing) Sdn Bhd Lee Kok Khee Ng Yoke Mun Nuryasmin Lee Binti Abdullah Cheong Boon Kak Ruslan Bin Md Nor Vaithiyanathan A/L Madavan (appointed on 1 January 2021) Wong Mee Hong (resigned on 29 March 2020) Lum Chee Wah (resigned on 1 January 2021) 3 Kenanga Nominees (Tempatan) Sdn Bhd Lee Kok Khee Ng Yoke Mun Nuryasmin Lee Binti Abdullah Cheong Boon Kak Ruslan Bin Md Nor Vaithiyanathan A/L Madavan (appointed on 1 January 2021) Wong Mee Hong (resigned on 29 March 2020) Lum Chee Wah (resigned on 1 January 2021)