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ANNUAL REPORT 2016
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 2016.
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 ended 30 June 2016.
RESULTS
Group
RM’000
Company
RM’000
Profit for the financial year attributable to:
Owners of the parent
24,852
9,116
Non-controlling interests
5,146
-
29,998
9,116
DIVIDENDS
Dividends proposed, declared or paid since the end of the previous financial year were as follows:
RM’000
In respect of financial year ended 30 June 2015:
A single tier final dividend of 5% per ordinary share of RM0.25 each, was paid on 31 December 2015
10,079
The Directors recommended a single tier final dividend of 5% per ordinary share of RM0.25 each, amounting to RM10,078,593 in respect of the
financial year ended 30 June 2016, subject to the approval of members of the Company at the forthcoming Annual General Meeting.
RESERVES AND PROVISIONS
There were no material transfers to or from reserves or provisions during the financial year ended 30 June 2016.
ISSUE OF SHARES AND DEBENTURES
The Company has not issued any new shares or debentures during the financial year ended 30 June 2016.
OPTIONS GRANTED OVER UNISSUED SHARES
No options were granted to any person to take up unissued ordinary shares of the Company during the financial year ended 30 June 2016.
