Kimlun Corporation Berhad Annual Report 2020

200901023978 (867077-X) Kimlun Corporation Berhad (Incorporated in Malaysia) 36. Segment information (cont'd) Information on major customers Geographic information 2020 2019 Revenue from external customers RM RM Malaysia 695,620,931 1,225,204,512 Singapore 99,088,125 77,613,882 Total 794,709,056 1,302,818,394 The revenue information above is based on the location of the customers. 37. Dividends 2020 2019 RM RM Recognised during the financial year: Dividends on ordinary shares: In respect of financial year ended 31 December 2019 (2019: 31 December 2018): - Final (single-tier) dividend of 3.30 sen (2019: 3.70 sen) per share 11,213,428 12,279,225 Revenue from one (2019:two) major customer(s) amounted to RM161,341,584 (2019: RM461,770,738), arising from sales in the construction segment. The shareholders of the Company ("Shareholders") have been granted an option to elect to reinvest the entire portion of the final dividend in respect of the financial year ended 31 December 2019 in new ordinary shares in the Company ("New Shares") in accordance with the approved Dividend Reinvestment Plan of the Company ("DRP"). The reinvestment rate for the abovementioned dividend was 77.99%. At the forthcoming Annual General Meeting ("AGM"), a final (single-tier) dividend in respect of the financial year ended 31 December 2020, of 1.0 sen per ordinary share will be proposed for shareholders’ approval. The financial statements for the current financial year do not reflect this proposed dividend. Such dividend, if approved by the shareholders, will be accounted for in equity as an appropriation of retained earnings in the financial year ending 31 December 2021. The Board of Directors has determined that the DRP will not apply to the final dividend. Group and Company - 104 - 161 Kimlun Corporation Berhad Registration No. 200901023978 (867077-X) NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020