MISC Annual Report 2017

159 Financial Statements DIVIDENDS The amount of dividends paid by the Corporation since 31 December 2016 were as follows: In respect of the financial year ended 31 December 2016 as reported in the directors' report of that year: RM'000 A second tax exempt dividend of 20.0 sen per share on 4,463,794,000 ordinary shares under single tier system, declared on 10 February 2017 and paid on 16 March 2017 892,759 In respect of the financial year ended 31 December 2017: RM'000 A first tax exempt dividend of 7.0 sen per share on 4,463,794,000 ordinary shares under single tier system, declared on 4 May 2017 and paid on 31 May 2017 312,466 A second tax exempt dividend of 7.0 sen per share on 4,463,794,000 ordinary shares under single tier system, declared on 9 August 2017 and paid on 7 September 2017 312,466 A third tax exempt dividend of 7.0 sen per share on 4,463,794,000 ordinary shares under single tier system, declared on 3 November 2017 and paid on 30 November 2017 312,466 A fourth tax exempt dividend, under the single tier system, in respect of the financial year ended 31 December 2017 of 9.0 sen per share amounting to a dividend payable of RM401,741,000 will be paid on 15 March 2018. The fourth tax exempt dividend is not reflected in the current year's financial statements. The dividend will be accounted for in equity as an appropriation of retained profits in the financial year ending 31 December 2018. DIRECTORS The names of the directors of the Corporation in office during the financial year and until the date of this report are: Dato’ Ab. Halim bin Mohyiddin Datuk Manharlal Ratilal Datuk Nasarudin Md Idris Lim Beng Choon Dato' Sekhar Krishnan Yee Yang Chien Mohd Yusri bin Mohamed Yusof (Appointed on 7 December 2017) Liza binti Mustapha (Appointed on 1 July 2017) Dato' Halipah binti Esa (Resigned on 20 April 2017) Dato' Kalsom binti Abd. Rahman (Resigned on 20 April 2017) Mohamed Firouz bin Asnan (Resigned on 1 December 2017) The information of directors of subsidaries is available at the Corporation's registered office and the said information is deemed incorporated herein by such reference and made a part hereof. DIRECTORS ’ REPORT