130 Additional Information We Are Kenanga Message From Our Leaders Our Sustainability Approach How We Are Governed Financial Statements Shareholders’ Information DIRECTORS’ INTERESTS According to the Register of Director’s shareholdings, the interests of Directors in office at the end of the financial year, in shares of the Bank, were as follows: The Bank: Number of Ordinary Shares At 1.1.2022 Addition Disposal At 31.12.2022 Direct interest: Norazian Binti Ahmad Tajuddin 10,000 - - 10,000 Kanagaraj Lorenz 388,000 - - 388,000 Jeremy Bin Nasrulhaq 187,900 - - 187,900 Other than as disclosed above, none of the other Directors in office at the end of the financial year had any interest in shares of the Bank or its related corporations during the financial year. OTHER STATUTORY INFORMATION (a) Before the financial statements of the Group and of the Bank were made out, the Directors took reasonable steps: (i) to ascertain that proper action had been taken in relation to the writing off of bad debts and the making of allowance for doubtful debts and satisfied themselves that all known bad debts had been written off and that adequate allowance had been made for doubtful debts; and (ii) to ensure that any current assets which were unlikely to realise their value as shown in the accounting records in the ordinary course of business had been written down to an amount which they might be expected so to realise. (b) At the date of this report, the Directors are not aware of any circumstances which would render: (i) the amount written off for bad debts or the amount of the allowance for doubtful debts in the financial statements of the Group and of the Bank inadequate to any substantial extent; and (ii) the values attributed to current assets in the financial statements of the Group and of the Bank misleading. (c) At the date of this report, the Directors are not aware of any circumstances which have arisen which would render adherence to the existing method of valuation of assets or liabilities of the Group and of the Bank misleading or inappropriate. (d) At the date of this report, the Directors are not aware of any circumstances not otherwise dealt with in this report or financial statements of the Group and of the Bank which would render any amount stated in the financial statements misleading. DIRECTOR’S REPORT
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