BIMB Integrated Annual Report 2019

24 SUKUK LIABILITIES Group Company Note 2019 2018 2019 2018 RM’000 RM’000 RM’000 RM’000 Sukuk liabilities (i) 881,093 844,159 881,093 844,159 Subordinated Sukuk Murabahah (ii) 1,258,573 1,258,513 – – 2,139,666 2,102,672 881,093 844,159 The Sukuk liabilities comprise the following: (i) The 10-year Islamic securities of RM1.05 billion (2018: RM1.05 billion) in nominal value issued by the Company on 12 December 2013. The effective rate of the Islamic securities is 6.25% p.a. On 12 December 2018, the Company has made an early partial redemption of RM609,941,757 in nominal value of the Sukuk Murabahah at a cash consideration of RM500 million. (ii) The Subordinated Sukuk Murabahah comprise the following: Nominal value Maturity Profit rate RM’000 Issue date First call date* date (% p.a.)# (a) 300,000 22 April 2015 22 April 2020 22 April 2025 5.75 (b) 400,000 15 December 2015 15 December 2020 15 December 2025 5.50 (c) 300,000 13 November 2017 12 December 2022 12 November 2027 5.08 (d) 300,000 7 November 2018 7 December 2023 7 November 2028 5.15 * Optional redemption date or any periodic payment date thereafter. # Accrued and payable semi-annually in arrears. The Subordinated Sukuk Murabahah qualifies as Tier II capital for the computation of the regulatory capital of the Bank in accordance with the Capital Adequacy Framework (Capital Components) for Islamic Banks issued by BNM. 25 SHARE CAPITAL Group and Company Number Note of shares Amount ’000 RM’000 Ordinary shares at 1 January 2018 1,637,741 3,875,270 Issue of shares pursuant to Dividend Reinvestment Plan 55,825 207,669 Ordinary shares at 31 December 2018/1 January 2019 1,693,566 4,082,939 Issue of shares pursuant to Dividend Reinvestment Plan 25(a) 70,717 224,880 At 31 December 2019 1,764,283 4,307,819 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 (CONTINUED) 243 BIMB HOLDINGS BERHAD 199701008362 (423858-X) Shareholders’ Information Financial Statements Additional Information Disclosure Summary