EXCEL FORCE MSC BERHAD Annual Report 2017

96 25. Dividends Group and Company 2017 2016 RM RM Dividends recognised as distribution to ordinary shareholders of the Company: In respect of the financial year ended 31 December 2017 - First interim single-tier dividend of 1.0 sen per ordinary share, paid on 28 March 2017 2,068,660 - - Second interim single-tier dividend of 1.5 sen per ordinary share, paid on 16 June 2017 3,102,990 - In respect of the financial year ended 31 December 2016 - First interim tax exempt dividend of 1.0 sen per ordinary share, paid on 25 March 2016 - 2,067,681 - Second interim single-tier dividend of 1.0 sen per ordinary share, paid on 1 July 2016 - 2,067,681 5,171,650 4,135,362 The Directors do not recommend the payment of any final dividend in respect of the current financial year. 26. Staff Costs Group Company 2017 2016 2017 2016 RM RM RM RM Salaries, wages and other emoluments 7,468,745 7,677,675 7,105,737 6,224,642 Fee 370,786 274,500 370,786 215,000 Defined contribution plans 925,555 942,685 880,516 775,927 Social security contributions 57,525 63,153 52,860 48,912 Other staff related expenses 177,302 301,032 170,230 267,121 8,999,913 9,259,045 8,580,129 7,531,602 Included in staff costs is aggregate amount of remuneration received and receivable by the Executive Directors of the Company and of the subsidiary companies during the financial year as below: Group Company 2017 2016 2017 2016 RM RM RM RM Executive Directors of the Company Salaries and other emoluments 1,140,366 1,254,693 1,087,087 939,175 Fee 370,786 274,500 370,786 215,000 Defined contribution plans 160,174 171,588 153,768 135,199 Social security contributions 2,727 3,821 2,486 2,036 1,674,053 1,704,602 1,614,127 1,291,410 Notes To The Financial Statements 31 December 2017 (cont’d)