Section 26

The Group and the Company 2005 2004

Authorised:

Ordinary shares of RM1 each

At beginning of year 500,000,000 200,000,000

Created during the year

—

300,000,000

At end of year 500,000,000 500,000,000

Issued and fully paid:

Ordinary shares of RM1 each

At beginning of year 122,000,000 100,000,000

Issued during the year

—

22,000,000

At end of year 122,000,000 122,000,000

At the Extraordinary General Meeting held on 24 May 2005 the Company’s shareholders renewed the scheme to repurchase its own shares. The Directors of the Company are committed to enhance the value of the Company to its shareholders and believe that the repurchase scheme can be applied in the best interest of the Company and its shareholders.

During the financial year, the Company did not repurchase any of its own shares (repurchased in the open market a total of 192,500 of its issued ordinary shares in 2004). The average repurchase price in 2004 was about

RM0.87 per ordinary share.

The number of outstanding shares in issue after deducting treasury shares held at the financial year end is 121,167,000 (also 121,167,000 in 2004)

ordinary shares of RM1 each.

Treasury shares have no rights to voting, dividends and participation in any other distribution. Treasury shares shall not be taken into account in calculating the number or percentage of shares or of a class of shares in the Company for any purposes including substantial shareholding, take-overs, notices, the requisitioning of meetings, the quorum for a meeting and the result of a vote on a resolution at a meeting.

None of the treasury shares has been resold or distributed as share divi-dends during the financial year.

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[22hb Jun 2006