| ANNUAL REPORT 2015
86
DIRECTORS’ REPORT
The Directors have pleasure in submitting their report and the audited financial statements of the Group and of the Company for
the financial year ended 30 June 2015.
PRINCIPAL ACTIVITIES
The Company is principally an investment holding and management company. The principal activities of the subsidiaries are set
out 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’000
RM’000
Profit for the financial year attributable to:
Owners of the parent
45,324
10,121
Non-controlling interests
5,472
-
50,796
10,121
DIVIDENDS
Dividends paid, declared or proposed since the end of the previous financial year were as follows:
RM’000
In respect of financial year ended 30 June 2014:
A final single tier dividend of 5% or 1.25 sen per ordinary share of RM0.25 each, paid on 22 December 2014
10,079
The Directors recommend a final single tier dividend of 5% or 1.25 sen per ordinary share of RM0.25 each, amounting to
RM10,078,593 in respect of the financial year ended 30 June 2015, subject to the approval of members at the forthcoming Annual
General Meeting.
RESERVES AND PROVISIONS
There were no material transfers to or from reserves or provisions during the financial year other than those disclosed in the
financial statements.
ISSUE OF SHARES AND DEBENTURES
During the financial year, the Company implemented a bonus issue of 201,571,850 new ordinary shares of RM0.50 each (“Bonus
Shares”) on the basis of one (1) new ordinary share for every one (1) then existing ordinary share held in the Company (“Bonus
Issue”) through the capitalisation of RM100,785,925 from the Company’s share premium and retained earnings available based on
its audited proforma statement of reserves as at 30 June 2013 and unaudited proforma statement of reserves as at 31 March 2014.
