Ni Hsin Berhad Annual Report 2017

Directors’ report for the year ended 31 December 2017 The Directors 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 2017. Principal activities The Company is principally engaged in investment holding activities, whilst the principal activities of the subsidiaries are as stated in Note 5 to the financial statements. There has been no significant change in the nature of these activities during the financial year. Subsidiaries The details of the Company’s subsidiaries are disclosed in note 5 to the financial statements. Results Group Company RM’000 RM’000 Profit for the year attributable to: Owners of the Company 2,085 1,625 Non-controlling interests (18) - 2,067 1,625 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 There were no dividends proposed, declared or paid by the Company since the end of the previous financial year. The Directors do not recommend any final dividend for the financial year ended 31 December 2017. Directors of the Company Directors who served during the financial year until the date of this report are: Ng Shwu Ching Datin Ida Suzaini Binti Abdullah Rizvi Bin Abdul Halim Datuk Tan Choon Hwa Leow Chan Khiang Rithauddin Hussein Jamalatiff Bin Jamaluddin (Appointed on 1 March 2017) Md Nazir Bin Md Kassim (Resigned on 1 March 2017) Sofiyan Bin Yahya (Appointed on 22 November 2017) Chen Shien Yee (Demised on 4 October 2017) Annual Report 2017 38