Kimlun Corporation Berhad Annual Report 2019

Annual Report 2019 Kimlun Corporation Berhad DIRECTORS’ REPORT 56 Principal activities Results Group Company RM RM Profit net of tax 58,369,053 24,051,171 Attributable to: Owners of the Company 58,391,361 24,051,171 Non-controlling interests (22,308) - 58,369,053 24,051,171 Dividends RM In respect of the financial year ended 31 December 2018 as reported in the directors' report of that year: Final (single-tier) dividend of 3.70 sen per ordinary share, on 331,871,104 ordinary shares, declared on 17 June 2019 and paid on 31 July 2019 12,279,225 The directors have pleasure in presenting their report together with the audited financial statements of the Group and of the Company for the financial year ended 31 December 2019. There were no material transfers to or from reserves or provisions during the financial year other than as disclosed in the financial statements. In the opinion of the directors, the results of the operations of the Group and of the Company during the financial year were not substantially affected by any item, transaction or event of a material and unusual nature. The principal activity of the Company is investment holding. The principal activities and other information on the subsidiaries are disclosed in Note 16 to the financial statements. The amount of dividends paid by the Company since 31 December 2018 was as follows: