FORGING AHEAD - Tradewinds Plantation Berhad

3. Imposition of Sanctions/Penalties on the Company and
its Subsidiaries for the Financial Year Ended 31 December
2010
There were no sanctions or penalties imposed on the
Company, its subsidiaries, Board members and
Management for the financial year ended 31 December
2010.
4. Revaluation of Landed Properties
The Group did not revalue its landed properties as its
principal landed properties are agricultural land, used
for the cultivation of oil palm and rubber.
5. Share Buybacks
The Company did not purchase any of its own shares
during the financial year.
6. Option, Warrants or Convertible Securities
The Company did not offer any options or warrants
during the financial year.
7. American Depository Receipt (ADR) or Global Depository
Receipt (GDR) Programme
The Company did not sponsor any ADR or GDR
programme during the financial year.
8. Profit Estimate, Forecast or Projection
The Company did not make any release on the profit
estimate, forecast or projection for the financial year.
CORPORATE GOVERNANCE
9. Profit Guarantee
No profit guarantee was given by the Company in
respect of the financial year.
10. Status of Utilisation of Proceeds Raised from Corporate
Proposal
There was no corporate proposal involving funds raising.
11. Public Shareholding Spread
As at 25 April 2011, the Company has a public
shareholding spread of 16.49% of its total issued and
paid-up share capital held by 7,021 public shareholders.
Bursa Malaysia Securities Berhad had on 16 September
2008, approved the Company’s application for
acceptance of lower level of public shareholding spread
of 16.49% of the Company’s issued and paid-up share
capital as being in compliance with the public
shareholding spread requirement pursuant to Paragraph
8.02 of the Main Market Listing Requirements of Bursa
Malaysia Securities Berhad.
12. Contracts Relating to Loans
There were no contracts relating to loans by the Company
involving Directors and major shareholders.
TRADEWINDS PLANTATION BERHAD
Annual Report 2010
73