Fraser & Neave Holdings Bhd Annual Report 2019

A N N U A L R E P O R T 2 0 1 9 06 Financial Statements 179 NOTES TO THE FINANCIAL STATEMENTS 14. CASH AND CASH EQUIVALENTS Group Company 2019 RM’000 2018 RM’000 2019 RM’000 2018 RM’000 Cash and bank balances 252,980 185,396 5,332 2,209 Short-term deposits 316,739 351,696 35,000 122,300 569,719 537,092 40,332 124,509 15. CAPITAL AND RESERVES (A) SHARE CAPITAL Group and Company 2019 2018 Number of shares ’000 RM’000 Number of shares ’000 RM’000 Issued and fully paid shares classified as equity instruments: Ordinary shares 366,779 816,770 366,779 816,770 The holders of ordinary shares are entitled to receive dividend as declared from time to time and are entitled to one vote per share at meetings of the Company. In the previous financial year, the issued and paid-up capital comprised 366,778,501 ordinary shares of which 237,100 of the ordinary shares were held as treasury shares. (B) TREASURY SHARES Group and Company 2019 2018 Number of shares ’000 RM’000 Number of shares ’000 RM’000 At 1 October 2018/2017 237 1,716 237 1,716 Transfer to Shares held by SGP Trust (Note 15(C)) (237) (1,716) – – As 30 September – – 237 1,716 The shares repurchased were being held as treasury shares in accordance with Section 127 of the Companies Act 2016.