Datasonic Group Berhad Annual Report 2019

DIRECTORS’ REPORT The directors hereby submit their report and the audited financial statements of the Group and of the Company for the financial year ended 31 March 2019. PRINCIPAL ACTIVITIES The Company is principally engaged in the businesses of investment holding and provision of management services to its subsidiaries. The principal activities of the subsidiaries are set out in Note 6 to the financial statements. There have been no significant changes in the nature of these activities during the financial year. RESULTS Group Company RM’000 RM’000 Profit after taxation for the financial year 36,435 34,333 Attributable to:- Owners of the Company 36,533 34,333 Non-controlling interests (98) – 36,435 34,333 DIVIDENDS The amount of dividends declared or paid by the Company since 31 March 2018 were as follows:- RM’000 In respect of the financial year ended 31 March 2018: - Fourth interim single tier tax-exempt dividend of 1 sen per share, declared on  31 May 2018 and paid on 6 July 2018 13,500 In respect of the financial year ended 31 March 2019: - First interim single tier tax-exempt dividend of 1 sen per share, declared on  24 August 2018 and paid on 23 November 2018 13,500 - Second interim single tier tax-exempt dividend of 0.5 sen per share, declared on  10 December 2018 and paid on 8 January 2019 6,750 - Third interim single tier tax-exempt dividend of 0.5 sen per share, declared on  28 February 2019 and paid on 27 May 2019 6,750 40,500 In respect of the financial year ended 31 March 2019, the Directors had on 31 May 2019 declared a fourth interim single tier tax-exempt dividend of 0.5 sen per share, amounting to RM6.75 million based on the issued and paid-up share capital as at 31 March 2019 of 1,350,000,000 ordinary shares. The Entitlement Date will be determined and announced in due course. This dividend has not been reflected in the financial statements for the current financial year but it will be accounted for in shareholders’ equity as an appropriation of retained profits for the financial year ending 31 March 2020. The Directors do not recommend the payment of any final dividend for the financial year ended 31 March 2019. 88 DATASONIC GROUP BERHAD (Company No. 809759-X) ANNUAL REPORT 2019