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9 4

fInanCIal StatementS

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 2018.

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 41 and 42 respectively to the financial

statements.

Results

Group

Company

RM’000

RM’000

Profit net of tax

48,767

40,979

Profit attributable to:

Equity holders of the Company

32,057

40,979

Non-controlling interests

16,710

-

48,767

40,979

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 2017 was as follows:

RM’000

In respect of the financial year ended 31 March 2017 as reported in the directors’ report for that year:

Single-tier final dividend of 9.0 sen, paid on 25 September 2017

25,401

At the forthcoming Annual General Meeting of the Company, the directors recommend the payment of a final single-tier dividend of

9.0 sen per share amounting to dividend payable of approximately RM25,401,000 for financial year ended 31 March 2018.

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 shareholders’ equity as an appropriation of retained earnings in the financial year ending 31 March 2019.