Datasonic Group Berhad Annual Report 2020

DATASONIC GROUP BERHAD I ANNUAL REPORT 2020 (Registration No. 200801008472 (809759-X)) 91 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 2020. 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 7 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 60,369 39,884 Attributable to:- Owners of the Company 60,322 39,884 Non-controlling interests 47 – 60,369 39,884 DIVIDENDS The amount of dividends declared or paid by the Company since 31 March 2019 were as follows:- RM’000 In respect of the financial year ended 31 March 2019: - Fourth interim single tier tax-exempt dividend of 0.5 sen per share, declared on   31 May 2019 and paid on 30 August 2019 6,750 In respect of the financial year ended 31 March 2020: - First interim single tier tax-exempt dividend of 0.75 sen per share, declared on   30 August 2019 and paid on 18 October 2019 10,125 - Second interim single tier tax-exempt dividend of 0.75 sen per share, declared on   29 November 2019 and paid on 13 January 2020 10,125 - Third interim single tier tax-exempt dividend of 1.0 sen per share, declared on   27 February 2020 and paid on 27 March 2020 13,341 40,341 In respect of the financial year ended 31 March 2020, the Directors had on 25 June 2020 declared a fourth interim single tier tax-exempt dividend of 0.5 sen per share amounting to approximately RM6,595,000 payable on 27 July 2020, to those shareholders whose names appeared in the record of depositors on 13 July 2020. 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 2021. The Directors do not recommend the payment of any final dividend for the financial year ended 31 March 2020. DIRECTORS’ REPORT