42
Annual Report 2015
The directors hereby submit their report and the audited financial statements of the Group and of the
Company for the financial period from 1 January 2014 to 31 March 2015.
CHANGE OF FINANCIAL YEAR END
The Company’s financial year end has been changed from 31 December to 31 March on 28 February 2014.
PRINCIPAL ACTIVITIES
The Company is principally engaged in the businesses of investment holding and provision of management
services to its subsidiaries. The principal activities of the subsidiaries are set out in Note 6 to the financial
statements. There have been no significant changes in the nature of these activities during the financial
period.
RESULTS
Group
Company
RM’000
RM’000
Profit after taxation for the financial period
71,822
100,076
Attributable to:-
Owners of the Company
71,910
100,076
Non-Controlling interests
(88)
–
71,822
100,076
DIVIDENDS
The amount of dividends paid by the Company since 31 December 2013 were as follows:
RM’000
In respect of the financial year ended 31 December 2013:
-
Second interim single tier tax-exempt dividend of 2 sen per share, declared on
28 February 2014 and paid on 28 May 2014
13,500
In respect of the financial period ended 31 March 2015:
-
First interim single tier tax-exempt dividend of 1 sen per share, declared on
29 August 2014 and paid on 7 November 2014
13,500
27,000
In respect of the financial period ended 31 March 2015, the Directors had on 29 May 2015 declared a
second interim single tier tax-exempt dividend of 1 sen per share, amounting to RM13.50 million based
on the issued and paid-up share capital as at 31 March 2015 of 1,350,000,000 ordinary shares of RM0.10
each. The Entitlement Date will be determined and announced in due course. This dividend has not
been reflected in the financial statements for the current financial period but it will be accounted for in
shareholders’ equity as an appropriation of retained profits for the financial year ending 31 March 2016.
The Directors do not recommend the payment of any final dividend for the financial period ended 31
March 2015.
DIRECTORS’ REPORT
