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GHL Systems Berhad
(293040-D)
Annual report 2015
Directors’
Report
The Directors hereby submit their report and the audited financial statements of the Group and of the Company
for the financial year ended 31 December 2015.
PRINCIPAL ACTIVITIES
The principal activities of the Company are those of investment holding, developing and selling in-house
software programmes, sale and rental of Electronic Data Capture (“EDC”) equipment and its related software
and services, inclusive of installation, training and maintenance. The principal activities of the subsidiaries are
disclosed in Note 10 to the financial statements. There have been no significant changes in the nature of these
activities during the financial year.
RESULTS
Group
Company
RM
RM
Profit/(Loss) for the financial year
10,242,363 (131,071,924)
Attributable to:
Owners of the parent
10,339,648 (131,071,924)
Non-controlling interests
(97,285)
-
10,242,363 (131,071,924)
DIVIDEND
No dividend has been paid, declared or proposed by the Company since the end of the previous financial
year. The Directors do not recommend the payment of any final dividend in respect of the current financial year.
RESERVES AND PROVISIONS
There were no material transfers to or from reserves or provisions during the financial year.
ISSUE OF SHARES AND DEBENTURES
During the financial year, the issued and fully paid-up share capital of the Company has been increased by way
of issuance of 8,257,700 new ordinary shares of RM0.20 each for cash pursuant to the exercise of Executives’
Share Scheme (“ESS”).
The newly issued shares rank pari passu in all respects with the existing shares of the Company. There were no
other issues of shares during the financial year.
There were no issues of debentures during the financial year.