Dagang NeXchange Berhad Annual Report 2018

14. CASH AND CASH EQUIVALENTS Group Company Note 2018 2017 2018 2017 RM’000 RM’000 RM’000 RM’000 Deposits with licensed banks 14.1 10,087 31,249 - - Cash and bank balances 14.2 28,911 20,585 2,482 1,145 38,998 51,834 2,482 1,145 Bank overdrafts 17 (7,038) - - - Cash and cash equivalents in the statements of financial position 31,960 51,834 2,482 1,145 14.1 Included in deposits with licensed banks of the Group is an amount of RM10,087,000 (2017: RM6,956,000) which is pledged to licensed banks for credit facilities. 14.2 Included in cash and bank balances of the Group is an amount of RM2,203,000 (2017: RM185,000) held in a Sinking Fund Account and is pledged to licensed banks for credit facilities. 15. CAPITAL AND RESERVES Share capital Group and Company Number Number Amount of shares Amount of shares 2018 2018 2017 2017 RM’000 ’000 RM’000 ’000 Issued and fully paid: Ordinary shares At 1 January 353,502 1,755,372 346,578 1,732,891 Issuance of new shares pursuant to employee share option scheme 820 2,663 6,924 22,481 At 31 December 354,322 1,758,035 353,502 1,755,372 The holders of ordinary shares are entitled to receive dividends as and when declared by the Company and are entitled to one vote per ordinary share at meetings of the Company. The ordinary shares have no par value. 143 Annual Report 2018 Notes to the Financial Statements (CONTINUED) FINANCIAL STATEMENTS