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Notes to the

Financial Statements

As at 31 March 2019

40. Capital management

The primary objective of the Group’s capital management is to ensure that it maintains an optimal capital

structure in order to support its businesses and maximise shareholders’ value.

The Group manages its capital structure and makes adjustments to it, in light of changes in economic conditions.

To maintain or adjust the capital structure, the Group may adjust the dividend payment to shareholders. The

Group’s approach in managing capital is based on defined guidelines that are approved by the Board.

There were no changes in the Group’s approach to capital management during the year.

41. Subsidiaries and activities

Set out below is a list of the subsidiaries of the Company as at 31 March 2019, all of which are incorporated in

Malaysia, unless otherwise indicated:

Proportion of

ownership interest

Name of company

2019

2018 Principal activities

%

%

Manufacturing

Security Printers (M) Sdn. Bhd. (34025-W)

60.02

60.02 Trading of security and confidential

documents

Percetakan Keselamatan Nasional Sdn. Bhd.

(166151-T)

60.02

60.02 Production of security and

confidential documents

Property investment

Fima Metal Box Holdings Sdn. Bhd. (70926-X)

100.0

100.0 Investment holding

Fima Corporation Berhad (21185-P)

60.02

60.02 Investment holding and property

management

Fima Technology Sdn. Bhd. (formerly known

as FCB Property Management Sdn. Bhd.)

(264746-K)

60.02

60.02 Property management and

engineering consultation services

FCB Plantation Holdings Sdn. Bhd. (270659-U) 60.02

60.02 Investment holding

Kumpulan Fima Berhad

(11817-V)

Annual Report 2019

192