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Kumpulan Fima Berhad

(11817-V)

106

DIRECTORS’

RePoRt

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 March 2017.

Principal activities

The principal activities of the Company are those of investment and property holding.

The principal activities of the subsidiaries and the associates are described in Notes 39 and 40 respectively to the financial statements.

Results

Group

Company

RM’000

RM’000

Profit net of tax

50,429

51,201

Profit attributable to:

Equity holders of the Company

29,844

51,201

Non-controlling interests

20,585

-

50,429

51,201

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, other than as disclosed in the financial

statements.

Dividends

The amount of dividend paid by the Company since 31 March 2016 was as follows:

RM’000

In respect of the financial year ended 31 March 2016 as reported in the directors’ report for that year:

Final dividend of 9.0% single tier paid on 8 September 2016

25,324

At the forthcoming Annual General Meeting, a final dividend in respect of financial year ended 31 March 2017, of 9.0% single tier

amounting to dividend payable of approximately RM25,401,000 (9.0 sen net dividend per ordinary share) will be proposed for

shareholders’ approval. The financial statements for the current 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 March 2018.