Chemical Company of Malaysia Berhad Annual Report 2019

| DIRECTORS’ REPORT | for the Year Ended 31 December 2019 Amounts in RM’000 unless otherwise stated The Directors of Chemical Company of Malaysia Berhad have pleasure in submitting their report and the audited financial statements of the Group and of the Company for the financial year ended 31 December 2019. This report and the financial statements will be presented to the shareholders at the Annual General Meeting to be held on 15 June 2020. Principal activities Chemical Company of Malaysia Berhad is an investment holding andmanagement company with subsidiaries engaged in the manufacturing and marketing of chemicals and polymers products and services as stated in Note 7 to the financial statements. Ultimate holding company The Company is a subsidiary of Permodalan Nasional Berhad (“PNB”), of which is incorporated in Malaysia and regarded by the Directors as the Company’s ultimate holding company, during the financial year and until the date of this report. Results Group Company Profit attributable to:  Owners of the Company 15,381 7,176  Non-controlling interests 691 - 16,072 7,176 Reserves and provisions There were no material transfers to or from reserves and provisions during the financial year under review except as disclosed in the financial statements. Dividends Since the end of the previous financial year, the Company paid the following dividends: i) A second interim ordinary dividend of 4.00 sen per ordinary share totalling RM6,707,840 in respect of the financial year ended 31 December 2018 on 31 January 2019. ii) Final Single Tier Dividend of 2.00 sen per ordinary share totalling RM3,353,920 in respect of the financial year ended 31 December 2018 on 14 June 2019. iii) An interim ordinary dividend of 3.00 sen per ordinary share totalling RM5,030,879 in respect of the financial year ended 31 December 2019 on 27 December 2019. 112 CHEMICAL COMPANY OF MALAYSIA BERHAD