167 ACCOUNTABILITY DIRECTORS’ REPORT The Directors have pleasure in submitting their report together with the audited financial statements of the Group and of the Company for the financial year ended 31 January 2023. Principal activities The principal activities of the Company are investment holding and provision of management services. The principal activities of the subsidiaries, joint ventures and associates are disclosed in Note 48 to the financial statements. Financial results Group RM million Company RM million Profit for the financial year 588 137 Attributable to: Owners of the Company 589 137 Non-controlling interests (1) - 588 137 Dividends Dividends paid and proposed since the end of the previous financial year are as follows: RM million In respect of the financial year ended 31 January 2023: - Interim single tier dividend of 1.0 sen per share (declared on 22 September 2022 & paid on 16 December 2022) 29 In respect of the financial year ended 31 January 2022: - Final single tier dividend of 2.0 sen per share (declared on 29 March 2022 & paid on 30 August 2022) 58 87 The Directors recommend a final single tier dividend of 1.0 sen per share in respect of the current financial year for shareholders’ approval at the forthcoming Annual General Meeting. If approved, the entitlement date and payment date for the dividend would be 3 August 2023 and 30 August 2023 respectively. Reserves and provisions All material transfers to or from reserves and provisions during the financial year are disclosed in the financial statements.
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